• Bitcoin
  • Altcoins
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Market Cap
What's Hot

Algorand up over 12% following on from India partnership

2023-03-29

687,170,000,000,000 Shiba Inu (SHIB) Now in Hands of Long-Term Holders: On-Chain Data

2023-03-29

Ripple’s Appeal In SEC Lawsuit To Retain Status Quo: John Deaton

2023-03-29
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
Facebook Twitter Instagram
The Crypto News Insider
  • Bitcoin

    Ripple’s Appeal In SEC Lawsuit To Retain Status Quo: John Deaton

    2023-03-29

    Bitcoin Price Reclaims $28,500 Amid Binance FUD, Here’s Why

    2023-03-29

    Binance CFTC Lawsuit Enough To Affect Major Crypto Downtrend?

    2023-03-28

    After CFTC, SEC Sue Binance On BTC Securities?

    2023-03-28

    Miners Dumping Bitcoin To Crypto Exchanges, BTC Price Reversal Below $25K Likely

    2023-03-28
  • Altcoins

    SHIB enters critical zone, Shibarium beta launch might happen this week?

    2023-02-19

    Is Ethereum [ETH] setting up a big show ahead of Shanghai upgrade? 

    2023-02-19

    Shibarium Beta To Go Live Next Week: Rumors or Reality?

    2023-02-19

    Helium to migrate to Solana on this date, here’s how HNT reacted

    2023-02-19

    ETH tests 5-month high as whales retain this % of supply, more inside

    2023-02-19
  • NFT

    Shiba Inu Launches New Twitter Account For Its NFT Project

    2023-03-29

    Ethereum Staking Provider Lido to Incorporate NFTs Into Unstaking Process

    2023-03-28

    Real Estate Investors Buy Solana NFT Home for $246,800

    2023-03-28

    NFT Gaming Company partners with ChatGPT and MidJourney

    2023-03-28

    Top 10 NFT-Supporting Blockchains by Thirty-Day NFT Sales Volume

    2023-03-28
  • Metaverse

    Disney Metaverse Division Reportedly Scrapped

    2023-03-28

    Animoca Denies $200M Metaverse Fund Cut

    2023-03-27

    Metaverse Trading Hits All-Time High

    2023-03-24

    Exploring the Metaverse: A Guide to Investing in Metaverse Stocks

    2023-03-20

    A Guide to Virtual Land Staking in the Metaverse

    2023-03-20
  • Analysis

    Algorand up over 12% following on from India partnership

    2023-03-29

    687,170,000,000,000 Shiba Inu (SHIB) Now in Hands of Long-Term Holders: On-Chain Data

    2023-03-29

    Coin Bureau Names Aave, THORChain and Three Additional Crypto Assets on Its Altcoin Watch List

    2023-03-29

    Crypto Analyst Issues Warning on ‘Polygon Killer’ Aribtrum, Says ARB Will Never Reach $100

    2023-03-29

    Sam Bankman-Fried Charged by DOJ for Allegedly Bribing Chinese Government Officials With $40,000,000

    2023-03-28
  • Learn

    Chart Patterns Cheat Sheet For Technical Analysis

    2023-03-21

    Best NFT Wallets in 2023

    2023-03-21

    Top 10 Best Ethereum Wallets 2023

    2023-03-18

    What are Dapps (Decentralized Applications) Crypto?

    2023-03-17

    How to Short Sell Bitcoin

    2023-03-17
  • Market Cap
The Crypto News Insider
Home»NFT»Digital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month Prior
NFT

Digital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month Prior

2022-06-20Updated:2022-06-22No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

information.bitcoin.com

20 June 2022 15:45, UTC

Studying time: ~2 m


Whereas digital currencies suffered this previous month, non-fungible token (NFT) gross sales dropped by 74.44% over the past 30 days. Knowledge reveals that over the past seven days, NFT gross sales have slipped 17.33% decrease than the gross sales recorded the week prior. NFT ground values for fashionable collections have rebounded this week by way of ethereum worth, however with ether’s trade fee so low, blue chip NFTs are promoting for lots lower than they did final month.

Knowledge Exhibits NFT Gross sales Proceed to Sink Decrease

Coinciding with the crypto bear market, NFT gross sales and curiosity have been dragging. Google Tendencies (GT) worldwide knowledge reveals that this week the search time period “NFT” has a rating of 21 out of 100. The final time the search time period “NFT” noticed a GT rating of 100 was the week of January 16-22, 2022. The previous month has been brutal for NFT gross sales because the month prior noticed $4.18 billion and 30 days later, $1.07 billion in gross sales has been recorded by cryptoslam.io metrics.

NFT gross sales over the past 30 days.

This previous week’s NFT gross sales throughout 18 completely different blockchains noticed roughly $184,417,851 in gross sales, however that’s 17.33% decrease than the $223,085,710 recorded the week prior. $151 million of the NFTs offered this previous week stemmed from the Ethereum blockchain community however ETH-based NFT gross sales slipped over 18% this week. Month-to-month ETH-based NFT gross sales are down 76.38%.

See also  Toys R Us Announce Their First NFT Drop On Solana

Solana took the second largest variety of gross sales this previous week with $22.31 million offered, up 3.56% larger than the week earlier than. Binance Good Chain (BSC) was the third largest by way of gross sales with $3.16 million, however BSC-based NFT gross sales slipped 32.45% decrease this previous week.

The highest two costliest NFT gross sales this previous month.

In the meantime, the NFT assortment with the best ground worth is Bored Ape Yacht Membership (BAYC) as the ground worth is at present 90 ETH. 30 days in the past, the BAYC ground worth was 95.5 ETH, which is comparatively the identical quantity by way of ether worth. Nevertheless, 95.5 ether was $204K final month and 90 ETH at present is value roughly $97K.

The ground worth of the Cryptopunks NFT assortment jumped 40% in the course of the previous 24 hours to 66.65 ETH. The Cryptopunks ground worth 30 days in the past was 51.9 ETH value $111K and at present’s 66.65 ETH ground is value $71K. 

The costliest NFT sale this previous month was BAYC 7,537 which offered for 1,024 ETH 5 days in the past. BAYC 7,537 was adopted by Otherdeed 90,209 which offered for 235 ETH or $465K. The highest 40 costliest NFTs offered this previous month stemmed from solely three collections which embody BAYC, Cryptopunks, and Otherdeed.

Whereas BAYC 7,537 took the highest place this week in addition to your complete month, the second costliest NFT sale over the past seven days was Cryptopunk 2,964 for 444 ETH or $440K.

See also  Why DeGods NFTs Are Now on Bitcoin

Source link

Collectible Digital Downturn month NFT Prior sales Slid
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Shiba Inu Launches New Twitter Account For Its NFT Project

2023-03-29

Ethereum Staking Provider Lido to Incorporate NFTs Into Unstaking Process

2023-03-28

Real Estate Investors Buy Solana NFT Home for $246,800

2023-03-28

NFT Gaming Company partners with ChatGPT and MidJourney

2023-03-28
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Celsius (CEL) Token Price Soars Massively Despite Bankruptcy Filing, Here’s Why

2022-07-15

Bitcoin Slumps Below Key Support Level. How Low Can It Get?

2022-09-07

Ethereum’s ongoing price plunge can be a result of this ‘ghost from ETH’s past’

2022-09-24

Subscribe to Updates

Get the latest news and Update from Thecryptonewsinsider.com about Crypto, Metaverse and NFT.

About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Top Insights

Algorand up over 12% following on from India partnership

2023-03-29

687,170,000,000,000 Shiba Inu (SHIB) Now in Hands of Long-Term Holders: On-Chain Data

2023-03-29

Ripple’s Appeal In SEC Lawsuit To Retain Status Quo: John Deaton

2023-03-29
Get Informed

Subscribe to Updates

Get the latest news and Update from Thecryptonewsinsider.com about Crypto, Metaverse and NFT.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
© 2023 Thecryptonewsinsider.com. - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$28,340.005.75%
  • ethereumEthereum(ETH)$1,809.545.23%
  • USDEXUSDEX(USDEX)$1.08-0.31%
  • tetherTether(USDT)$1.00-0.10%
  • binancecoinBNB(BNB)$317.222.73%
  • usd-coinUSD Coin(USDC)$1.00-0.19%
  • rippleXRP(XRP)$0.5717.10%
  • cardanoCardano(ADA)$0.38728911.15%
  • staked-etherLido Staked Ether(STETH)$1,806.105.10%
  • dogecoinDogecoin(DOGE)$0.0759735.08%
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}