NFT Sales Dip in June — Ethereum Dominates, Bitcoin Stumbles, and Bored Ape Rises

In June 2023, the income of non-fungible tokens (NFTs) experienced a diminution of 4.3% compared to the erstwhile month. The latest figures amusement a descent from $739.50 cardinal recorded successful May to $707.70 cardinal successful June.

June 2023 Sees a Slip successful NFT Sales

Data from cryptoslam.io reveals that NFT income successful the erstwhile period experienced a flimsy alteration compared to May. In June, a full of $707.70 cardinal successful income was recorded, with $452 cardinal attributed to Ethereum-based NFT sales. These Ethereum NFT income constituted implicit 63% of the wide income for the month, indicating a 7.89% summation from the erstwhile month’s ETH-based NFT sales.

Among 22 antithetic networks, Bitcoin emerges arsenic the second-highest blockchain successful presumption of sales. In June, BTC-based NFT income amounted to $110.30 million, representing 15.60% of the full sales. However, determination was a important diminution of 42.36% successful Bitcoin-centric NFT income compared to the erstwhile month’s figures. On the different hand, Solana-based NFT income witnessed a singular surge, soaring 65% higher than the erstwhile month’s sales, reaching an awesome $70.42 million.

Completing the apical 5 blockchains successful presumption of income are Mythos and Polygon, trailing down ETH, BTC, and SOL. However, some Mythos and Polygon experienced a diminution successful NFT income during June compared to May. Mythos registered $28,322,124 successful sales, representing a alteration of 19.75%, portion Polygon saw income amounting to $27,846,781, marking a important driblet of 45.91% from the erstwhile month. Taking the pb arsenic the highest-grossing NFT postulation successful June, based connected 30-day sales, was Uncategorized Ordinals, raking successful an awesome full of $52.91 million.

In June, Uncategorized Ordinal NFT income witnessed a notable summation of 1.44% compared to May. Following intimately down was the Bored Ape Yacht Club (BAYC), securing the 2nd spot with $49.76 million, up 28.20% higher than BAYC income successful May. The consequent 3 starring collections aft Uncategorized Ordinal NFT and BAYC NFT income were Azuki, Azuki Elemental, and SMB Barrel Raffle. Among the apical 5 highest-priced NFT sales successful June, 4 retired of 5 were BTC-based NFTs, with the objection being the NFT Fidenza #545.

Are you amazed by the shifts successful NFT income during June 2023? Share your thoughts and opinions astir this taxable successful the comments conception below.