$1.7 Billion in NFT Sales Fueled by Otherdeed Trades — NFT Volume Jumps 74% Higher Than Last Week

With the assistance of the Bored Ape Yacht Club’s Otherside onshore sale, non-fungible token (NFT) income person accrued a large woody this week. NFT income accrued 74.77% during the past 7 days, capturing $1.71 cardinal successful income measurement among 266,918 traders.

7-Day NFT Sales Volume Jumps 74% to $1.71 Billion, Otherdeed NFT Collection Captures $787 Million successful Global Sales

NFTs person done good this week arsenic acold arsenic income are concerned, and crossed 1,075,588 transactions during the past 7 days, $1.71 cardinal successful income measurement has been recorded. The income measurement is 74.77% higher than the $981 cardinal successful NFT income recorded past week.

7-day NFT income connected May 6, 2022. Stats from cryptoslam.io NFT analytics.

The $1.71 cardinal stemmed from 16 antithetic blockchain networks, and Ethereum saw an 86.30% summation successful ETH-based NFT income this week. NFT income that derived from the Polygon blockchain jumped 87.66% higher than the week anterior arsenic well. Fantom-based NFTs besides saw a notable double-digit week-long percent summation of astir 52.47%.

Some of the astir costly NFT income this week were sold for prices betwixt $852.5K and $1.12 million. The apical NFT collectible merchantability during the past 7 days was Bored Ape 17, which sold for 410 ether oregon $1.12 million. The 2nd astir costly NFT merchantability this week was Bored Ape 2980, which sold for 381 ether oregon conscionable implicit $1 million.

The apical 2 astir costly NFT income this week. Stats stem from cryptoslam.io NFT analytics.

The adjacent 3 that followed the 2 Bored Ape Yacht Club (BAYC) income were each Otherside deeds. Otherdeed 33 sold for 333.33 ether oregon $979K, Otherdeed 24 sold for 333 ether oregon $952K, and Otherdeed 9 sold for 300 ether oregon $852.5K.

The apical 5 NFT collections successful presumption of income measurement this week. Stats from cryptoslam.io NFT analytics.

The Otherdeed NFT postulation income took the apical presumption this week arsenic acold arsenic the apical income measurement is concerned. 16,384 Otherdeed NFT buyers spent $787.55 cardinal crossed 30,752 transactions. The 2nd presumption was held by BAYC which captured $153.7 cardinal successful seven-day sales, up 94.93% since past week.

Mutant Ape Yacht Club (MAYC) saw a 39.41% summation this past week with $126.4 cardinal successful planetary sales. The NFT postulation Beanz took the 4th spot, jumping 388.31% and capturing $69.59 cardinal successful income volume. The 5th astir salient successful presumption of seven-day income was Doodles, which accrued 222.34% since past week to this week’s $43.1 cardinal successful sales.

BAYC inactive has the astir costly level worth retired of each the NFT collections today, with its 104.8 ETH level value. BAYC is followed by Proof Collective (94.1 ETH), Cryptopunks (60.95 ETH), Bored Ape Chemistry Club (47.49 ETH), and Moonbirds (26.0 ETH).

All of the apical 5 NFT postulation level values person dropped 8 to 16.1% since past week. The lone NFT postulation that saw a seven-day level terms summation past week was Doodles, jumping 3.1% higher to 22.77 ETH.

What bash you deliberation astir this week’s NFT income expanding 74.77% higher than past week’s sales? Let america cognize what you deliberation astir this taxable successful the comments conception below.

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