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Crypto markets imploded during the last couple of days, and NFTs were not an exception with dramas like the Azuki collection. Remember that when you buy something here, it can literally go to $0.
Let’s quickly look at the data.
Big Sales of the Week
Top sales in the last 7 days by NonFungible.com
NFT Markets
OpenSea made $492M in sales with 156k buyers, almost a 103% decrease in sales volume last week.
LooksRare made $282M in sales with 7,500 buyers, almost a 44% decrease in sales volume last week.
Magic Eden made $66M in sales with 16k buyers, almost a 28%decreasein sales volume last week.
Solanart made $121k in sales with 1k buyers, almost a 47% decrease in sales volume last week.
AtomicMarket made $1.6M in sales with 34k buyers, almost a 20% decrease in sales volume last week.
Rarible made $294k in sales with 786 buyers, a 49% decrease in sales volume last week.
Metaverse
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 $87M in sales with 4746 buyers.
The Sandbox made $1.2M in sales with 394 buyers.
Decentraland made $1.4M in sales with 224 buyers.
CryptoVoxels made $66k in sales with 36 buyers.
Somnium Space made $36k in sales with 8buyers.
What Collectible Market Data is Telling Us
Top 4 collectibles by sales in the NFT space.
Azuki made $103M in sales with a total of 2,209 buyers – a 216% increase in sales volume from last
Otherdeed made $93M in sales with a total of 3,829 buyers – a 88% decrease in sales volume from last
Bored Ape Yacht Club made $51M in sales with a total of 187 buyers – a 65% decrease in sales volume from last week.
Mutant Ape Yacht Club made $41M in sales with a total of 716 buyers – a 66% decrease in sales volume from last week.
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.
Azuki avg floor of 15.99 ETH
Otherdeed avg floor of 3 ETH
Mutant Ape Yacht Club avg floor of 20 ETH
Bored Ape Yacht Club avg floor of 97 ETH
Crypto Games
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 $35M in volume.
Axie Infinity made $80M in volume.
The Sand Box made $28M 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
Summary
Markets are crazier these last couple of days. Make sure to be careful moving forward.
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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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