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NFT Sales Rise as Immutable X Platform Leads The Sales Volume Spike

Sales of non-fungible tokens (NFTs) rose more than overall sales in the past seven days. NFT sales increased by 6.3% this week after surpassing $144...
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Sales of non-fungible tokens (NFTs) rose more than overall sales in the past seven days. NFT sales increased by 6.3% this week after surpassing $144 million last week.

Non-Fungible Tokens Sales Rise More Than 6% This Week, 2 NFT Collections Jump More than 279% in 7 Days.

NFT sales increased by 6.39% in 17 blockchains that support NFT technology. The most popular NFTs based on Ethereum were $127 million, out of $153 million in total sales. According to cryptoslam.io statistics, ETH-based NFTs sales increased by 11.10%.

Fantom, up 75.64%, was the chain that saw the greatest increase in NFT sales over the week. Immutable X, which jumped 56.57% higher was second. The Palm blockchain fell 56.50%, while the Binance Smart Chain’s NFT Sales dropped by 36.37%.

Cryptopunks was the top-selling NFT collection, with $9.4million in sales. This is up 3.98%. Sorare, which sold $9.1 million, was the second-largest compilation. This is an increase of 6.88% over the previous seven days. Bored Ape Yacht Club, (BAYC), was third with $8.93million in seven-day sales. However, BAYC sales dropped 22% compared to the previous week.

Rareapepeyachtclub experienced the second highest increase in compilations, with a 279.46% increase. However, the Cryptodickbutts S3 collection saw the biggest jump at 474.65%.

Bored Ape Yacht Club #949 sold for 145ether or $289K. Bored Ape Yacht Club # 1833, which was sold for $282K, was the second-most expensive sale in the past seven days. The BAYC collection is the source of all five top-selling NFTs this week.

Bored Ape Yacht Club NFTs were the 18 most expensive NFTs that were sold in the past seven days. Noun 399 was the 19th most costly, selling for 83 WETH (or $156K) and Bored Ape # 4,170 was the 20th highest priced, at $155K.

The most expensive floor price for BAYC this week is 69.95 ETH . Cryptopunks NFT Collection is second at 69.95 ETH, while Proof Collective is third at 65 ETH.

Opensea is the top NFT marketplace in terms of sales this Week. Bloctobay and LooksRare are close behind.

Vitalik Ivanov

Vitalik Ivanov

Vitalik is a speaker / journalist. He has spoken and given presentations at many blockchain events across the world. Vitalik is based in the UK, he loves to travel and calls Dubai his "crypto home". Vitalik has enjoyed speaking at blockchain events and has a main focus on CBDC's, NFT's and altcoins. Vitalik says "Everything, and i mean everything will be an NFT one day".
Vitalik Ivanov

Vitalik Ivanov

Vitalik is a speaker / journalist. He has spoken and given presentations at many blockchain events across the world. Vitalik is based in the UK, he loves to travel and calls Dubai his "crypto home". Vitalik has enjoyed speaking at blockchain events and has a main focus on CBDC's, NFT's and altcoins. Vitalik says "Everything, and i mean everything will be an NFT one day".

© 2022 The Daily Encrypt. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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