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NFT Market Witnesses 4.16% Plunge in Sales Volume Over the Last Seven Days

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Oct 13, 2024 am 01:18 AM

NFT Sales Bitcoin Network Weekly Surge

The non-fungible token, or NFT, market has witnessed a 4.16% plunge in sales volume over the last seven days. Here's a breakdown of the latest data

NFT Market Witnesses 4.16% Plunge in Sales Volume Over the Last Seven Days

Non-fungible token (NFT) sales volume has seen a 4.16% decrease over the last seven days, according to data from Cryptoslam.

Here's a breakdown of the latest numbers:

- Bitcoin leads blockchains in seven-day surge

- Among the blockchains, Ethereum (ETH) leads in terms of sales volume. However, the Bitcoin (BTC) network saw a 23.11% surge in volume during the last seven days.

- The numbers, which stand at $15.6 million, are considerably higher in comparison to last week’s $1.7 million.

- Cryptoslam shows that Ethereum ranks first with $26.5 million in NFT sales volume. But $2.7 million of the total sales was wash trading.

- The number of Ethereum NFT buyers dropped by 52% and stood at 26,673.

- Bitcoin bagged the second place with $15.6 million in total sales.

- Solana (SOL) comes in third with its $10.5 million in sales. Mythos Chain (MYTH), Polygon (POL) and Binance Coin (BNB) followed suit with $8.3 million, $5.3 million and $3.2 million in sales, respectively.

- Solana recorded the highest number of buyers, just like last week at 60,115. However, it is considerably lower in comparison to last week’s 393,044 buyers.

- DMarket holds first position again

- Similar to last week, DMarket is the NFT collection that sold the highest in the last seven days. The sales stood at $8.02 million, which happened in over 342,900 transactions.

- Guild of Guardians Heroes is second on the list with $3.02 million in sales. Third on the list is CryptoPunks was dethroned by Bitcoin Puppets, which marked a 59.2% rise in sales volume in the last seven days at $2.97 million.

- Top NFT collectible sales

- Here are the top NFT sales from the last seven days.

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