Fourth Consecutive Week of Decline: NFT Sales Dip 6.75% 

1 year ago
 NFT Sales Dip 6.75% 

Non-fungible token (NFT) income took yet different dip this week, marking the 4th consecutive week of decline, albeit a flimsy one, with a alteration of 6.75%. From September 2, 2023, to September 9, the full income for this week amounted to astir $80.69 million, with a notable chunk of $42.61 cardinal originating from the Ethereum blockchain.

NFT Sales Drop 6.75% successful Weekly Decline

NFT income took a 6.75% dip this week, arsenic reported by data from cryptoslam.io. Over the past 7 days, NFT transactions besides slid by 4.33%. Despite this diminution successful sales, the fig of NFT buyers surged to 569,407, marking a 17.77% summation compared to the previous week.

Presently, Ethereum leads the battalion among 22 antithetic blockchain networks, accounting for $42.61 cardinal successful NFT sales, which represents 52.80% of the marketplace share. Following Ethereum, we find Mythos, Polygon, Solana, and Immutable X, completing the apical 5 blockchains successful presumption of NFT sales.

Although ETH-based NFT income were astatine the forefront, they inactive experienced a 12.11% decrease, portion Mythos income soared by 25.27% compared to the erstwhile week. Polygon witnessed a 7.21% summation successful sales, portion Solana NFT income dipped by 5.58% during the aforesaid period. Immutable X, connected the different hand, faced the steepest decline, with income dropping by 17.52% from the erstwhile week’s figures.

Among the 22 blockchains, Cronos emerged arsenic the standout performer with a notable 24.22% summation successful income for the week. Mythos’ Dmarket emerged arsenic the undisputed web person successful the NFT realm implicit the past 7 days, clocking successful $8.15 cardinal successful sales.

Following intimately behind, the Bored Ape Yacht Club (BAYC) secured the 2nd spot among the week’s apical collections, boasting $5 cardinal successful sales. Dmarket and BAYC were shadowed by the likes of Draftkings, Gods Unchained, and the Mutant Ape Yacht Club (MAYC), forming the lineup of the apical 5 NFT collections.

The crown for the astir invaluable integer collectible sold this week went to Fidenza #562, which commanded a $122,000 terms tag. A adjacent contender successful the contention for the priciest NFT was Cryptopunk #3028, changing hands for a important $111K, securing the 2nd spot. Right connected its heels, Cryptopunk #3438 earned its spot arsenic the 3rd top-selling non-fungible token asset, fetching $105,000.

The 4th presumption was clinched by Cryptopunk #4233, trading astatine $102,000, portion Cryptopunk #7542 rounded disconnected the apical five, sealing the woody astatine $97,000. It’s worthy noting that the Cryptopunk collection’s NFT income commanded a ascendant beingness successful this week’s apical 10 income charts.

What bash you deliberation astir this week’s NFT income inclination and the anterior 3 weeks arsenic well? Do you spot a rebound coming for NFT sales? Let america cognize your thoughts and opinions astir this taxable successful the comments conception below.

View source