NFTs markets are slowing down a little, and we are starting to see some FUD in traditional news sites. NFTs are here to stay, but which ones will survive in the upcoming years.
Let’s quickly look at the data.
Big Sales of the Week
Top sales in the last 7 days by NFTeducation.org
OpenSea made $1.38B in sales with 196k buyers, almost a 97% increase in sales volume last week.
LooksRare made $505M in sales with 9k buyers, almost a 3% increase in sales volume last week.
Magic Eden made $89M in sales with 16k buyers, almost a 139% increase in sales volume last week.
Solanart made $334k in sales with 1k buyers, almost a 20% decrease in sales volume last week.
AtomicMarket made $2.1M in sales with 34k buyers, almost a 23% increase in sales volume last week.
Rarible made $583k in sales with 786 buyers, a 8% decrease in sales volume last week.
Every week we see the interest in metaverse worlds growing; people just throw the word metaverse around without realizing that different “metaverse platforms” are being developed. So here we cover the top ones.
Otherside made $937M in sales with 80831 buyers.
The Sandbox made $3.1M in sales with 708 buyers.
Decentraland made $1.4M in sales with 212 buyers.
CryptoVoxels made $117k in sales with 45 buyers.
Somnium Space made $49k in sales with 7 buyers.
What Collectible Market Data is Telling Us
Top 4 collectibles by sales in the NFT space.
Otherdeed made $791M in sales with a total of 16,464 buyers – a 0% increase in sales volume from last
Bored Ape Yacht Club made $150M in sales with a total of 325 buyers – a 80% increase in sales volume from last week.
Mutant Ape Yacht Club made $124M in sales with a total of 1,134 buyers – a 34% increase in sales volume from last week.
Beanz made $71M in sales with a total of 2,209 buyers – a 401% increase in sales volume from last
Average floor in the last 7 days for top collectibles
This section is brought to you by NFT Price Floor data feeds. They collect NFT floor prices every 5 minutes.
Otherdeed avg floor of 3.3 ETH
Mutant Ape Yacht Club avg floor of 22 ETH
Bored Ape Yacht Club avg floor of 106 ETH
Beanz avg floor of 4 ETH
There are more games that promise great gameplay and a big community every week. Currently, Axie Infinity is number one in the P2E world by daily active users. Below are the top 3 games in volume in the last 7 days.
DeFi Kingdoms made $64M in volume.
Axie Infinity made $58M in volume.
Alien Worlds made $9M in volume.
What CryptoArt is Telling Us
Let’s quickly break it down for perspective:
- January sold $61M
- February sold $45M
- March sold $57M
- April sold $58M
- May sold so far $114M
It looks like NFTs are back on, so be careful with what you buy out there. Lots of scams are being created.
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*All investment/financial opinions expressed by NFTeducation.org are from our site moderators’ research and experience and are intended as educational material only. Individuals are required to research any product before making any investment thoroughly.
Entrepreneur. Software Engineer. NFTs enthusiast. #NFT