With the help of the Bored Ape Yacht Club’s Otherside land sale, non-fungible token (NFT) sales have increased a great deal this week. NFT sales grew 74.77% in the past seven day, with $1.71B of sales volume for 266,918 trader.
7-Day NFT sales volume jumps 74%, to $1.71 billion. Otherdeed NFT collections capture $787million in global sales
This week, NFTs did well in terms of sales. In the past seven days there have been 1,075,588 transactions, which has resulted in $1.71 trillion in sales volume. Sales volume for NFTs is 74.77% greater than that of $981 millions last week.
It was a combination of 16 different blockchain networks. Ethereum witnessed an 86.30% growth in ETH-based NFTs this week. The total $1.71 Billion came from these 16 network. NFT sales derived from Polygon’s blockchain rose 87.66% over the previous week. NFTs that are Fantom-based saw an impressive double-digit percentage growth of approximately 52.47% over the week.
NFTs sold this week for between $852.5K to $1.12 Million. Bored Ape 17 was the top NFT collector sale over the past seven days, selling for $1.12million or 410ether. Bored Ape 2960, the second highest-priced NFT item sold this week at 381 ether and just under $1 million was the most costly.
Following the Bored Ape Yacht Club sales, three otherside deeds followed. The Otherdeed 33 was sold at 333.33 Ether or $979K; Otherdeed 24, sold at 333 Ether or $952K and Otherdeed 9, sold at 300 Ethereum or $852.5K.
As far as top sales volumes go, the Otherdeed NFT Collection sales occupied the first place this week. 16384 NFT buyers purchased $787.55 Million in 30,752 transactions. BAYC, which accumulated $153.7 million over seven days of sales, was in second place. It is up 94.93% since last Wednesday.
Mutant Ape Yacht Club’s (MAYC), saw an impressive 39.41% rise in sales this past week. The club had $126.4 Million of global revenue. NFT Collection Beanz jumped 388.31% to take the fourth place and captured $69.59M in sales volume. The fifth most prominent in terms of seven-day sales was Doodles, which increased 222.34% since last week to this week’s $43.1 million in sales.
BAYC’s 104.8ETH floor price is still the highest among all NFT collections. Proof Collective (93.0 ETH), Cryptopunks (69.95 ETH), Bored Ape Chemistry Club (47.49ETH) and Moonbirds (26.0ETH) follow BAYC.
The floor prices of all five NFT collections have fallen between 8 and 16.1% over the past week. Doodles saw the largest increase in NFT floor prices over seven days last week. It rose 3.1% to 22.77 Ethereum.
What do you think about this week’s NFT sales increasing 74.77% higher than last week’s sales? Please comment below to let us know your thoughts on this topic.
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