search
Homeweb3.0NFT Sales Volume Drops by 6% to $84.6 Million Amidst the Recent Crypto Market Price Drop

Even though the crypto market showed mild signs of a positive trajectory recently, all the gains seem to have erased now.

NFT Sales Volume Drops by 6% to .6 Million Amidst the Recent Crypto Market Price Drop

Non-fungible token (NFT) sales volume has dropped by 6% to $84.6 million amid the recent crypto market price drop, which has erased all the gains made recently.

According to CoinMarketCap data, the global crypto market cap has dropped by 1.39% at press time to $2.31 trillion.

Last week, NFT sales volume stood at $89.1 million. However, according to recent data from CryptoSlam, NFT sales volume has slumped by 6%.

Ethereum NFT sales drop by over 6.6%

Ethereum NFT blockchain NFT sales volume stood at $31.1 million last week. However, the latest data shows that sales have gone below the $30 million mark to hit $28.3 million.

Comparatively, this week has been on the lower side, with a 6.6% drop in the last seven days. Interestingly, the number of NFT buyers on the Ethereum blockchain increased by 17.4% to 56,021.

When it comes to the second-ranking, Solana has retained the position for two weeks straight, even though it was 11.3% down in the last seven days.

According to the data, Solana blockchain’s NFT volume stood at $16.1 million. The number of NFT buyers has also seen a decent 27.7% and rose to 385,272.

Bitcoin (BTC) has exhibited the smallest sales drop, with a 2.78% loss and standing at $14.12 million.

Mythos Chain (MYTH) stood in fourth place at $10.9 million, with a 6.65% drop during the last seven days.

The fifth place was earned by Immutable (IMX), which showed a modest 6.2% in NFT sales volume. Ethereum accounted for the majority of wash trading at $3.66 million.

DMarket stays unhinged at first-ranking

The sales volume of DMarket stood at $5.744 million, with a 11.62% drop during this timeframe.

Guild of Guardians Heroes 2 bagged the second place with $3.28 million in sales.

The latest data shows that the following NFT collections topped the sales in the last week:

The above is the detailed content of NFT Sales Volume Drops by 6% to $84.6 Million Amidst the Recent Crypto Market Price Drop. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
JetBolt: Revolutionary Cryptocurrency Launch Amidst Market DeclinesJetBolt: Revolutionary Cryptocurrency Launch Amidst Market DeclinesAug 06, 2024 am 03:30 AM

The cryptocurrency market is experiencing significant turbulence, with several major assets experiencing sharp declines. Amid this, new coins continue to shine

Solana ETF Rumors Dashed as BlackRock CIO Emphasizes Bitcoin and Ethereum FocusSolana ETF Rumors Dashed as BlackRock CIO Emphasizes Bitcoin and Ethereum FocusJul 30, 2024 pm 06:43 PM

In the last two weeks, Solana has jumped 30%, outpacing both Bitcoin and ETH. Therefore, many are anticipating that this surge is coming

Neiro: The Solana Memecoin That's Buzzing Crypto TwitterNeiro: The Solana Memecoin That's Buzzing Crypto TwitterJul 30, 2024 am 03:18 AM

Memecoin trading on Solana is buzzing once again. Solana's decentralised exchange trading — or DEX for short — volume in the last 24 hours reached $2 billion

Bitcoin (BTC) Slides to $66K in Wake of Silk Road BTC Movements, Solana’s (SOL) Leads Majors LossesBitcoin (BTC) Slides to $66K in Wake of Silk Road BTC Movements, Solana’s (SOL) Leads Majors LossesJul 30, 2024 pm 06:44 PM

“It’s going to be extremely volatile this week, so I will not be surprised to see BTC price get another 10% drop/pump,” one analyst noted.

The SEC Temporarily Suspends Its Allegations That SOL, ADA, and MATIC Are Unregistered SecuritiesThe SEC Temporarily Suspends Its Allegations That SOL, ADA, and MATIC Are Unregistered SecuritiesJul 31, 2024 am 12:25 AM

This decision comes amid the ongoing legal proceedings against Binance, one of the world's leading cryptocurrency exchanges.

The 3 Top Crypto Stories Making the Rounds This Week are Solana’s (SOL) ETF Potential, Litecoin’s (LTC) New User Numbers and Rollblock’s (RBLK) Viral PresaleThe 3 Top Crypto Stories Making the Rounds This Week are Solana’s (SOL) ETF Potential, Litecoin’s (LTC) New User Numbers and Rollblock’s (RBLK) Viral PresaleJul 29, 2024 pm 06:22 PM

The 3 top crypto stories making the rounds this week are Solana’s (SOL) ETF potential, Litecoin’s (LTC) new user numbers and Rollblock’s (RBLK) viral presale.

NFT Sales Volume Drops 4.2% Despite 132% Surge in BuyersNFT Sales Volume Drops 4.2% Despite 132% Surge in BuyersSep 23, 2024 am 03:32 AM

The non-fungible token market has experienced a 4.2% drop in sales volume in the last seven days. This drop comes after a decent surge of 7.68%

Solana Meme Coins and Pepe Unchained: A Strategic Evolution in the Crypto SphereSolana Meme Coins and Pepe Unchained: A Strategic Evolution in the Crypto SphereAug 01, 2024 am 03:08 AM

The buzz in the crypto community is palpable as two trailblazers take center stage: Solana meme coins and Pepe Unchained. These digital currencies are reshaping the gaming and investment scenes, opening doors to unprecedented opportunities.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

AI Hentai Generator

AI Hentai Generator

Generate AI Hentai for free.

Hot Article

R.E.P.O. Energy Crystals Explained and What They Do (Yellow Crystal)
2 weeks agoBy尊渡假赌尊渡假赌尊渡假赌
Repo: How To Revive Teammates
1 months agoBy尊渡假赌尊渡假赌尊渡假赌
Hello Kitty Island Adventure: How To Get Giant Seeds
4 weeks agoBy尊渡假赌尊渡假赌尊渡假赌

Hot Tools

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

Atom editor mac version download

Atom editor mac version download

The most popular open source editor

SAP NetWeaver Server Adapter for Eclipse

SAP NetWeaver Server Adapter for Eclipse

Integrate Eclipse with SAP NetWeaver application server.

MinGW - Minimalist GNU for Windows

MinGW - Minimalist GNU for Windows

This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.