The NFT market experienced a strong correction with the volume of sales lowering from 25.78% to 134 million dollars. This reversal follows the resumption of the previous week.
Summary
- NFT sales decrease by $ 25% to $ 134 million, but buyers and sellers are increasing by more than 25%
- The strong gains of Polygon and BNB while the sales of Ethereum drop 41%
- Courtyard leads collections with sales of $ 14.7 million, cryptopunks plunge 59%
According to Cryptoslam data, despite the drop in sales, market participation continued to develop. NFT buyers increased by 25.74% to 450,096, and NFT sellers increased by 25.91% to 321,107. NFT transactions increased by 6.26% to 1,652,284.
The market situation is also volatile because the price of Bitcoin (BTC) fell in $ 115,000. At the same time, Ethereum (ETH) increased to $ 4,700. The global market capitalization of cryptography is now 3.98 billions of dollars, against last week’s market capitalization.
Ethereum keeps lead in sales
Ethereum maintained its main position with $ 60.7 million in sales, while lowering 41.63% compared to the previous week. Ethereum washing trading dropped from 55.47% to $ 13.5 million.
The BNB chain (BNB) held second place with $ 20.6 million, up 10.63%. Polygon (POL) returned to third position with $ 16.1 million, increasing by 37.86%.
The mythos chain remains in fourth position with $ 9.7 million, up 3.17%. Solana (soil) is in fifth with $ 7.5 million and fell 13.63%.
ImmuTable (IMX) occupies sixth place with $ 7.2 million, down 10.70%. Cardano (ADA) entered the first seven with $ 3.1 million, jumping 48.96%.
Nft buyer jump jumps
The number of buyers has increased in most blockchains, with Cardano leading to growth of 91.41%, followed by the BNB chain at 84.48%and unchanging at 72.18%.
Courtyard On Polygon recovered first place in the collection ranking with $ 14.7 million in sales, increasing 41.01%. The collection has increased by buyers (186.96%) and transactions (45.28%).
Spinnftbox on the BNB channel is second place with $ 10.9 million, up 39.83%. The collection continues to be dominated by a single seller despite 1,424 buyers.
Cryptopunks fell in third place with $ 8.7 million, plunging 59.28%. The collection has experienced a decrease in all measures, including transactions (56.98%), buyers (52.78%) and sellers (30.23%).
Moonbirds is in fourth position with $ 7.4 million, up 29.94%. Dmarket occupies fifth place with $ 4.6 million, up 8.70%. Guild of Guardians Heroes completes the top six with $ 4.2 million, increasing 18.72%.
This week’s high value notable sales include:
- Cryptopunks # 1082 sold for 80 ETH ($ 350,969)
- Cryptopunks # 2596 sold for 72.99 ETH ($ 315,628)
- Cryptopunks # 5477 sold for 66 ETH ($ 285,187)
- Cryptopunks # 3704 sold for 63 ETH ($ 271,922)
- Cryptopunks # 8864 sold for 56.5 ETH ($ 269,994)
