NFT sales drop to $132m, Pudgy Penguins loses steam

by Axel Orn

The NFT market cooling continues because the total crypto market cap has grown to $3.6 trillion from final week’s $3.42 trillion, per CoinMarketCap data.

CryptoSlam data reveals that NFT sales own fallen 17.54% to $132.7 million this week. This is seriously decrease than final week’s $152 million in sales. On the opposite hand, the market has considered bigger participation from merchants, pointing to sustained hobby at decrease mark stages.

Market process reveals blended indicators:

  • NFT sales quantity dropped to $132.7 million from final week’s $152.7 million
  • The option of NFT investors rose 25.54% to 667,116
  • NFT sellers increased 23.96% to 382,754
  • Total transactions fell 16.96% to 1,326,111
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Indispensable blockchain networks see blended outcomes

Ethereum (ETH) NFT sales fell 25.72% to $56 million, though buyer numbers grew 14.35% to 72,241. Wash shopping and selling on Ethereum dropped 42.38% to $13.5 million.

Bitcoin (BTC) NFTs moved against the vogue, with sales rising 8.38% to $30.3 million. The community attracted 67,423 investors, a 13.68% lift from the old week.

NFT sales topple to 2m, Plump Penguins loses steam - 1
Source: Blockchains by NFT Sales Quantity (CryptoSlam)

Mythos Chain climbed to 3rd feature with $11.8 million in sales, rising 3.63%. Solana (SOL) dropped to fourth feature with sales falling 57.91% to $9.4 million, no subject getting the ideal buyer depend at 234,220.

Immutable (IMX) rounded out the head 5 with $8.2 million in sales, up 2.67% with 18,350 investors.

Series rankings present off main shifts

Azuki has taken the head web page with $9.4 million in sales, rising 3.13% no subject decrease buyer numbers. DMarket follows with $6.7 million in sales, showing 7.72% divulge and asserting high transaction quantity with 240,918 trades.

BRC-20 NFTs withhold third feature at $5.8 million no subject an 11.33% topple. The Guild of Guardians Heroes saw 13.74% divulge to $5.7 million, while Plump Penguins fell to fifth feature with $5.3 million, shedding 57.64% with steep declines in investors and transactions.

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NFT series rankings: Records from CryptoSlam

The week’s high sales had been:

  • CryptoPunks #5192: $192,556 (fifty three.69 ETH)
  • CryptoPunks #7942: $154,075 (Forty five ETH)
  • CryptoPunks #9208: $153,677 (Forty five.99 ETH)
  • CryptoPunks #5203: $153,580 (44.7 ETH)
  • CryptoPunks #7210: $147,498 (42.93 ETH)
Learn extra: As Fartcoin mark surges, profit leaders are no longer selling

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