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7-day NFT sales

Crypto Market Rout Pulls The Floor Out From Blue-Chip NFTs, Weekly Sales Down 64%

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Crypto Market Rout Pulls The Floor Out From Blue-Chip NFTs, Weekly Sales Down 64%

As markets slid in value during the past week, non-fungible token (NFT) floor values have dropped considerably. Blue-chip NFT collections like Bored Ape Yacht Club (BAYC), Cryptopunks, and more have seen their floor values drop between 2-25% in the last 24 hours.

NFT Floor Values Take a Significant Beating

  • NFT sales have dropped 64.84% lower than the week prior during the last seven days. Nearly every popular NFT collection is down considerably when it comes to week-over-week sales.
  • Otherdeed sales are down 90.31%, BAYC sales have slid 63.73%, Mutant Ape Yacht Club (MAYC) sales are down 65.73%, and Cryptopunks sales are under by 3.39% this past week.
  • NFT floor values have slid a great deal in value during the past 24 hours as the crypto market carnage has not been kind to digital collectibles. BAYC’s floor value today is 2.9% lower at 97 ether or $191K.
  • The current Cryptopunks’ NFT floor has lost 7% and the floor value of the least expensive Cryptopunk NFT is 48.85 ether or $96K. Moonbirds NFTs are down 10.9% during the last day and the floor value is 21.5 ether or $42K.
  • $1.7 billion in NFT sales volume was recorded seven days ago, and this week’s volume is down to $631.5 million.
  • The NFT collection Azuki took the top sales this week with $102 million in sales volume which is an increase of around 208.55% since last week’s Azuki sales. 24-hour stats show Azuki’s floor value this weekend is 14.16 ether or $27.8K, which is 0.3% lower than the day prior.
  • Doodle’s NFT floor value has increased 2.5% during the past day and currently, the Doodle NFT floor value is 13.95 ether or $27.4K.
  • 16 different blockchains saw sales decline since last week except for Tezos-based NFT sales, up 15.07% this week.
  • Metrics from cryptoslam.io show the most expensive NFT sold this week was BAYC 7,520, which sold 21 hours ago for 115 ether or $238K.
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7-day NFT sales, Azuki, Azuki NFTs, Bored Ape Yacht Club, cryptopunks, cryptoslam.io, Doodles, Ethereum, Floor Values, MAYC, nft, NFT collection, NFT collections, NFT floor values, NFT sales, NFT sales volume, NFT weekly sales, NFTs, Non-fungible Token, Otherdeeds, sales, Sales Volume

What do you think about high-profile NFT floor values dropping? Let us know what you think about this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

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Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

7-day NFT sales

Crypto Downturn Shakes Digital Collectible Markets As NFT Sales Slip 42% Lower Than Last Week

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Crypto Downturn Shakes Digital Collectible Markets As NFT Sales Slip 42% Lower Than Last Week

Non-fungible token (NFT) markets are starting to feel the pain from the crypto market carnage that’s taken place during the last week. Over the last seven days, NFT sales have dropped 42.85% lower than the previous week. NFT sales on Ethereum were hit the hardest as the blockchain saw a 44.83% loss in NFT sales volume this past week.

Crypto Economy’s Downward Spiral Begins to Plague NFT Sales

NFT sales are down this week as seven-day sales metrics show across 16 different blockchains, NFT sales slipped 42.85% lower than last week. Sales stemming from Ethereum were down 44.83%, but the top eight blockchain networks by NFT sales were all down this week.

This week, $939.85 million in NFT sales were recorded which is 42% less than last week. This was among 266,918 buyers and 1,114,756 transactions.

Solana sales are down 19.65%, Polygon NFT sales slid 35.63%, Flow sales are 36.19% lower, and Avalanche NFT sales are down 29.26%. Tezos, however, saw NFT sales increase 51.09% higher than the week prior.

The top ten NFT collections in terms of seven-day sales on May 10, 2022.

Despite Ethereum-based NFT sales dipping by more than 42%, ETH-based NFTs saw $828.7 million in sales which is 88.17% of the $939.8 million in seven-day NFT sales. The top NFT collection this past week is the Otherdeed NFT compilation which has seen $189.3 million in sales.

The top five NFT sales in terms of the most expensive NFTs sold seven days on May 10, 2022.

Although, Otherdeed sales are down 71.39% during the past seven days. An NFT project called Projectpxn holds the second position in terms of weekly sales with $89.6 million. The NFT project called Beanz has sold $68.4 million in NFTs and sales are up 193.53% higher than last week, according to metrics stemming from cryptoslam.io.

The most expensive NFT sold during the last seven days was Bored Ape Yacht Club (BAYC) 17, which sold four days ago for 410 ether or $1.12 million. Bored ape 17 was followed by Otherdeed 33, and that NFT sold for $979K or roughly 333.33 ether.

An NFT called Ken Hicks sold for 332.52 ether or $849K and Otherdeed 54 exchanged hands for $791K or roughly 50,000 APE five days ago. Otherdeed 66,813 sold a day ago for $776K or 303 ether and Otherdeed 26 exchanged hands for $733.5K or 249 ether five days ago.

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7-day NFT sales, Beanz, Bored Ape Yacht Club, cryptopunks, cryptoslam.io, Doodles, Ethereum, MAYC, nft, NFT collection, NFT collections, NFT sales, NFT sales volume, NFT weekly sales, NFTs, Non-fungible Token, Otherdeeds, Otherside Land Sale, sales, Sales Volume

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What do you think about this week’s NFT sales volume dropping 42% lower than last week? Let us know what you think about this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

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Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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7-day NFT sales

$1.7 Billion In NFT Sales Fueled By Otherdeed Trades — NFT Volume Jumps 74% Higher Than Last Week

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$1.7 Billion In NFT Sales Fueled By Otherdeed Trades — NFT Volume Jumps 74% Higher Than Last Week

With the help of the Bored Ape Yacht Club’s Otherside land sale, non-fungible token (NFT) sales have increased a great deal this week. NFT sales increased 74.77% during the last seven days, capturing $1.71 billion in sales volume among 266,918 traders.

7-Day NFT Sales Volume Jumps 74% to $1.71 Billion, Otherdeed NFT Collection Captures $787 Million in Global Sales

NFTs have done well this week as far as sales are concerned, and across 1,075,588 transactions during the last seven days, $1.71 billion in sales volume has been recorded. The sales volume is 74.77% higher than the $981 million in NFT sales recorded last week.

7-day NFT sales on May 6, 2022. Stats from cryptoslam.io NFT analytics.

The $1.71 billion stemmed from 16 different blockchain networks, and Ethereum saw an 86.30% increase in ETH-based NFT sales this week. NFT sales that derived from the Polygon blockchain jumped 87.66% higher than the week prior as well. Fantom-based NFTs also saw a notable double-digit week-long percentage increase of around 52.47%.

Some of the most expensive NFT sales this week were sold for prices between $852.5K and $1.12 million. The top NFT collectible sale during the last seven days was Bored Ape 17, which sold for 410 ether or $1.12 million. The second most expensive NFT sale this week was Bored Ape 2980, which sold for 381 ether or just over $1 million.

The top two most expensive NFT sales this week. Stats stem from cryptoslam.io NFT analytics.

The next three that followed the two Bored Ape Yacht Club (BAYC) sales were all Otherside deeds. Otherdeed 33 sold for 333.33 ether or $979K, Otherdeed 24 sold for 333 ether or $952K, and Otherdeed 9 sold for 300 ether or $852.5K.

The top five NFT collections in terms of sales volume this week. Stats from cryptoslam.io NFT analytics.

The Otherdeed NFT collection sales took the top position this week as far as the top sales volume is concerned. 16,384 Otherdeed NFT buyers spent $787.55 million across 30,752 transactions. The second position was held by BAYC which captured $153.7 million in seven-day sales, up 94.93% since last week.

Mutant Ape Yacht Club (MAYC) saw a 39.41% increase this past week with $126.4 million in global sales. The NFT collection Beanz took the fourth spot, jumping 388.31% and capturing $69.59 million in sales volume. The fifth most prominent in terms of seven-day sales was Doodles, which increased 222.34% since last week to this week’s $43.1 million in sales.

BAYC still has the most expensive floor value out of all the NFT collections today, with its 104.8 ETH floor value. BAYC is followed by Proof Collective (94.1 ETH), Cryptopunks (60.95 ETH), Bored Ape Chemistry Club (47.49 ETH), and Moonbirds (26.0 ETH).

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All of the top five NFT collection floor values have dropped 8 to 16.1% since last week. The only NFT collection that saw a seven-day floor price increase last week was Doodles, jumping 3.1% higher to 22.77 ETH.

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7-day NFT sales, Beanz, Bored Ape Yacht Club, cryptopunks, cryptoslam.io, Doodles, Ethereum, floor price, MAYC, Moonbirds, Mutant Ape Yacht Club, nft, NFT collection, NFT collections, NFT sales, NFT sales volume, NFT weekly sales, NFTs, Non-fungible Token, Otherdeeds, Otherside Land Sale, sales, Sales Volume

What do you think about this week’s NFT sales increasing 74.77% higher than last week’s sales? Let us know what you think about this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

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Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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$945.2 million in sales

NFT Trade Volume Jumped 23% Higher This Week Capturing Close To $1 Billion In Sales

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NFT Trade Volume Jumped 23% Higher This Week Capturing Close To $1 Billion In Sales

Non-fungible token (NFT) sales have increased by 23.56% over the last week, as $945.2 million in sales were recorded across 15 different blockchains during the last seven days. NFT sales stemming from Ethereum jumped 29.16% in seven days, gathering $863.2 million in sales or 91.32% of the $945.2 million in sales. One particular NFT collection called Moonbirds has bolstered most of this week’s NFT sales volume.

NFT Sales Spike This Week, Volume Fueled by Moonbirds Sales

Following last week’s slight uptick in NFT sales, which increased 3.35% and gathered $658.4 million in sales in seven days, this week’s NFT sales action improved a great deal. On Monday, April 25, cryptoslam.io’s seven day metrics indicate that there’s been $945.2 million in sales recorded. The overall sales derive from 15 different blockchains and while Ethereum sales were the most dominant, Binance Smart Chain (BSC) NFT sales jumped 39.95% and Fantom’s sales volumes jumped 31.05% this week.

The top ten NFT collections by seven day sales on April 25, 2022.

The project that has helped NFT sales this week is Moonbirds, even though seven day Moonbirds statistics indicate the collection’s sales are down 40.58% from the week prior. This past week’s sales saw approximately $165,080,212 in Moonbirds sales among 1,309 buyers and 1,821 transactions. One particular Moonbirds sale, Moonbirds #2642, sold for 350 ether or more than $1 million at the time of settlement, which took place 24 hours ago on Opensea. Moreover, two more Moonbirds that were sold this past week came awfully close to the $1 million range.

Today, Bored Ape Yacht Club (BAYC) NFTs have a floor value of 139 ether or $402K. Moonbirds floor value is currently around 33.5 ether, which is down 14% lower than last week. NFT market prices and crypto and fiat values in this report are based on the current ethereum (ETH) exchange rate and settlement prices recorded on April 25, 2022.

Moonbirds #3904 sold for 305 ether or $902K, and Moonbirds #5602 sold for 299 ether or $885K. In fact, 11 out of the 25 most expensive NFTs sold this week were Moonbirds NFT sales. Meanwhile, Mutant Ape Yacht Club (MAYC) has had a very good week, as the collection’s sales increased by 267.20% in seven days. MAYC saw 787 buyers across 1,083 transactions and approximately $104,446,603 in sales volume. Furthermore, Bored Ape Yacht Club (BAYC) also had a decent seven day run of sales, with a 231.31% increase since last week.

BAYC captured $74,259,390 in sales between 163 buyers and 233 transactions. Other notable NFT collections that saw seven day increases in sales include Murakamiflowers Seed, RTFKT MNLTH, Bored Ape Kennel Club (BAKC), Beanz, Clonex, Veefriends Series 2, and Cryptopunks. BAKC saw a whopping 764.95% weekly sales increase by capturing just over $32 million in sales. This week, BAYC currently holds the most expensive floor price at 139 ether, which is followed by Proof Collective NFTs which have a floor value of 118.5 ether.

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$945.2 million in sales, 7-day NFT sales, Beanz, Bored Ape Yacht Club, Bored Ape Yacht Club (BAYC), BSC, Clonex, cryptopunks, cryptoslam.io, Ethereum, floor price, MAYC, MOAR, Moonbirds, Mutant Ape Yacht Club, nft, NFT collection, NFT collections, NFT compilation, NFT sales, NFT sales volume, NFT weekly sales, NFTs, Non-fungible Token, Proof Collective NFTs, sales, Sales Volume

What do you think about the week’s NFT sales action? Let us know what you think about this subject in the comments section below.

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Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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