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The market started strong this year, and so did the drama on Crypto Twitter. New marketplace launches and possible washtrades are being performed daily. Weird airdrops like the fees.wtf, and people just buying anything and everything in the NFT space while the crypto market seems like it’s about to rebound. Gary Vee also had a spectacular launch of his book games NFTs, and he is looking forward to his Veefriend V2, where you will need a book game NFT to mint one. Just another great week in the metaverse.
Let’s quickly look at the data.
**NOTE: Some of the current data analytics of marketplaces may not be completely accurate due to possible washtrades at LooksRare.
Big Sales of the Week
–Bored Ape Yacht Club #6694 for $1.41M
–Bored Ape Yacht Club #1837 for $1.3M
–Bored Ape Yacht Club #1401 for $1.24M
–Bored Ape Yacht Club #23 for $894k
What Collectible Market Data is Telling Us
Top 4 Collectibles
Axie Infinity is still not in the top 4 for a second week.
CryptoPhunksV2 made $85M in sales with a total of 83 buyers who transacted 167 times.
PhantaBear made $58M in sales with a total of 2,400 buyers who transacted 4,265 times – a 224% increase from last week.
Bored Ape Yacht Club made $50M in sales with a total of 150 buyers who transacted 173 times – a 41% decrease in sales volume from last week.
World Of Women made $35M in sales with a total of 1,146 buyers who transacted 1,775 times – a 349% increase in sales volume from last week.
NFT Markets
The biggest NFT markets or marketplaces where you can buy technically any NFT.
OpenSea made $987M in sales with 226k buyers, almost a 8% decrease in sales volume last week.
Magic Eden made $68M in sales with 94k buyers, almost a 11% decrease in sales volume last week.
Solanart made $4.6M in sales with 12k buyers, almost a 43% decrease in sales volume last week.
AtomicMarket made $6.54M in sales with 12k buyers, almost a 39% increase in sales volume last week.
Rarible made $3M in sales with 1,500 buyers, a 33% decrease in sales volume last week.
What CryptoArt is Telling Us
Some people are starting to talk again about the Merge collection by Pak, and it seems that it might start to become hot again pretty soon.
Let’s quickly break it down for perspective:
Summary
Crazy drama like always, it seems that more and more people are getting into the NFT markets and begin trading with the expectation of quick flips to happen. The space is getting pretty crazy and more risky than usual, so just stick with quality projects from quality teams. Let’s see how this January develops, and let’s just have fun!
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*All investment/financial opinions expressed by NFT Plazas 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
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