• Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer
Monday, February 6, 2023
Johnson County News Online
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
No Result
View All Result
Home Technology Crytpocurrency

Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout – Market Updates Bitcoin News – Bitcoin News

by NewsReporter
January 29, 2022
in Crytpocurrency
weekly-nft-sales-drop-13%-while-crypto-prices-rebound-from-market-rout-–-market-updates-bitcoin-news-–-bitcoin-news
Share on FacebookShare on Twitter

Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout

Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During the past week, NFT sales on the Ethereum blockchain have slipped 11.78% but Ronin blockchain-based NFT sales (Axie Infinity) dropped 47.83%.

Weekly NFT Sales Slide Lower, Axie Infinity’s Ronin Sales Shed More Than 47%

Statistics over the last seven days show that NFT sales are down across the 12 blockchains that produce NFTs. Cryptoslam.io shows that weekly NFT sales dipped 13% and the leading blockchain network Ethereum’s NFT sales slipped 11.78%. The second-leading blockchain in terms of NFT sales, Solana, saw its sales decrease by 16.87% during the last seven days. The third-largest blockchain network for NFT sales, Ronin, shed 47.83% this week and Flow blockchain NFT sales increased by 10.18%.

Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout

24-hour NFT marketplace metrics from dappradar.com indicate that the NFT market Looksrare is dominating with $645.81 million in sales, and Opensea has processed $157.34 million this past week. Solana’s Magic Eden NFT marketplace saw just over $10 million in NFT sales volume. The most expensive NFT sale during the last seven days was Meebit #10067 when it sold for 11,880 ethereum or $29.05 million. While the Meebits collection was the top NFT compilation in terms of sales for the last two weeks, that’s not the case this week.

Azuki NFT Compilation Takes Top Sales This Week, Cryptopunks Sales Spike 197%

Over the last seven days, the Ethereum-based NFT compilation Azuki took the week’s top sales. Azuki captured $76.4 million in the last seven days in terms of NFT sales, and Bored Ape Yacht Club (BAYC) took the second position with $58.6 million in sales. Cryptopunks held the third position this week with $54.6 million. Azuki’s weekly sales jumped 1.23%, BAYC saw a 25.99% increase, and Cryptopunks sales spiked 197.56% over the last seven days.

BAYC’s sister project, Mutant Ape Yacht Club (MAYC), saw $41.9 million up 21.46% this past week and Clonex commanded $39.1 million in NFT sales. Sales stemming from the blockchain network Binance Smart Chain (BSC) jumped 206% over the last seven days. Besides Meebit #10067, the NFT dotdotdot 4646 sold for over 5,000 ether or $13.35 million nine hours ago, and Cryptopunk #3783 sold for $1.12 million or 450 ether.

Tags in this story

12 blockchains, Azuki, Azuki Collection, Azuki NFTs, BAYC, blockchains, Bored Ape Yacht Club, Cryptopunk #3783, cryptoslam.io, dotdotdot 4646, ETH sales, Ethereum, Ethereum Sales, Flow sales, looksrare, MAYC, Meebit #10067, Meebits collection, Mutant Ape Yacht Club, nft, NFT buyers, NFT sales, NFT sales statistics, NFT sellers, NFTs, Non-fungible Token, Opensea, Polygon, ronin, Ronin Sales Down, Solana, Theta

What do you think about the last seven days of NFT sales? Let us know what you think about this subject in the comments section below.

2Khomers

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Technical Analysis: Flow Climbs Close to 30% to Enter Top 50

Bitcoin, Ethereum Technical Analysis: Bitcoin Moves Higher as Crypto Markets Rebound on Saturday

Image Credits: Shutterstock, Pixabay, Wiki Commons, Cryptoslam.io,

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Related Posts

crypto-crunch:-the-latest-news-in-blockchain,-cryptocurrency,-and-nfts:-april-14-19,-2022-–-innovation-&-tech-today

Crypto Crunch: The Latest News In Blockchain, Cryptocurrency, And NFTs: April 14-19, 2022 – Innovation & Tech Today

by NewsReporter
April 14, 2022
0

Another exciting week in the world of cryptocurrency and NFTs has arrived! In this week’s Crypto Crunch, I talk about some of the most exciting news and developments sweeping across the industry and globe, including but not limited to: Robinhood Adds Four New Cryptos To Its Platform, UFC Bonus Payouts in Bitcoin, NFT...

be[in]crypto-video-news-show:-the-lightning-network-–-beincrypto

Be[In]Crypto Video News Show: The Lightning Network – BeInCrypto

by NewsReporter
April 14, 2022
0

In this episode of BeCrypto’s Video News Show, host Juliette Lima explains Bitcoin’s popular Layer-2 payment solution, the Lightning Network. While Bitcoin usage has increased dramatically, this has come with a subsequent uptick in transaction times and fees. At a lackluster seven transactions per second, Bitcoin’s network is effectively inefficient...

stablecoins-see-growth-with-crypto-market-stuck-in-‘bearish-lull’-–-cryptonews

Stablecoins See Growth With Crypto Market Stuck In ‘Bearish Lull’ – Cryptonews

by NewsReporter
April 13, 2022
0

Source: AdobeStock / AdriaVidalA “bearish lull” in the crypto market fuelled growth in stablecoins, with the market capitalization of the top five stablecoins growing by 13% in the first quarter, according to a new report from the coin tracking site CoinGecko.The growth in the market capitalization of stablecoins is notable...

justin-bieber,-gwyneth-paltrow-and-ashton-kutcher-are-among-dozens-of-celebrity-investors-piling-into-crypto-startup-moonpay-–-cnbc

Justin Bieber, Gwyneth Paltrow And Ashton Kutcher Are Among Dozens Of Celebrity Investors Piling Into Crypto Startup MoonPay – CNBC

by NewsReporter
April 13, 2022
0

MoonPay CEO and co-founder Ivan Soto-Wright speaking at the Bitcoin 2021 conference in Miami, Florida.Eva Marie Uzcategui | Bloomberg | Getty ImagesWhat do Justin Bieber, Gwyneth Paltrow, Snoop Dogg and Ashton Kutcher all have in common? Aside from being A-list celebrities, they're among more than 60 new investors in fintech...

Johnson County News Online

© 2021 Johnson County News Online

Navigate Site

  • Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer

Follow Us

No Result
View All Result
  • Home
  • DMCA Policy
  • Medical Disclaimer
  • Privacy Policy
  • Disclosure
  • CCPA
  • Terms of Use

© 2021 Johnson County News Online

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT