NFT sales drop 9.6% to $160.9m, Ethereum and Bitcoin network sales plunge
The post NFT sales drop 9.6% to $160.9m, Ethereum and Bitcoin network sales plunge appeared on BitcoinEthereumNews.com.
As Bitcoin surges toward the $100,000 mark, touching a new all-time high of $99,655.50, the non-fungible token (NFT) sales volume has shown a drop of 9.6% to $160.9 million. The global cryptocurrency market capitalization has continued to surge, reaching $3.35 trillion from last week’s $3.03 trillion. This marks a 2% increase over the last day, with Bitcoin (BTC) currently trading at $98,620. The last week’s NFT sales volume stood at $178.8 million. However, according to recent data from CryptoSlam, the NFT market has seen a pullback. NFT sales volume decreased to $160.9 million Ethereum (ETH) blockchain leads with $51.3 million in sales (23.07% decrease) Bitcoin follows with $44.6 million (25.67% decrease) NFT buyers surged by 52.93% to 450,512 NFT sellers increased by 46.74% to 277,767 NFT transactions slightly decreased by 1.26% to 1,606,261 Ethereum NFT sales decline by 23.07% The Ethereum NFT blockchain sales volume fell to $51.3 million this week, marking a 23.07% decrease in the last seven days. The number of NFT buyers on the Ethereum blockchain grew to 42,157, showing a 31.45% increase. Source: Blockchains by NFT Sales Volume (CryptoSlam) Bitcoin maintained its second position despite a 25.67% decrease in the last seven days. According to the data, Bitcoin blockchain’s NFT volume stood at $44.63 million, with wash trading increasing by 46.05% to $1.57 million. Solana (SOL) secured the third position with $25.8 million, showing resilience with a 6.83% increase during the last seven days. Polygon (POL) jumped to fourth place with $13.5 million, displaying remarkable growth of 289.66% during the last seven days. Mythos Chain (MYTH) took the fifth position with $10.7 million in sales, showing a marginal decline of 0.71%. BRC-20 NFTs maintain market leadership BRC-20 NFTs continue to lead with $16.6 million in sales volume, despite a 41.39% decrease. MGGA Hat on Polygon secured…
Filed under: News - @ November 23, 2024 2:20 pm