NFT Sales Dip 40% This Week, As Ethereum & Solana Rival For NFT Market Dominance
The red-hot non-fungible token market has barely cooled off after a number of weeks of a bullish market rally. The latest market began in November following the resurgence of BRC-20 and Solana NFTs. On this article, we will discover the state of the NFT market up to now seven days.
NFT Gross sales Dip 40% This Week
Knowledge fetched by CryptoSlam.io, an on-chain information aggregator, signifies that the worldwide NFT market has barely declined in gross sales quantity this week. Up to now 24 hours, the worldwide NFT market has amassed a buying and selling gross sales quantity of $315 million, representing a 40% decline from the previous week.
Non-fungible token collections hosted on the Bitcoin blockchain community have been essentially the most traded NFT collections this final week of December. Bitcoin-based NFTs have amassed a buying and selling gross sales quantity of $133 million up to now seven days. Bitcoin NFTs have plunged 60% in gross sales from the previous week.
Digital collectibles hosted on Solana, a decentralized community that makes use of proof- of – stake consensus mechanism, have been the second most traded NFT assortment this final week of 2023. Solana-based NFTs have recorded a buying and selling gross sales quantity of $73 million up to now seven days.
Supply: CryptoSlam.io, NFT gross sales by blockchain networks
Ethereum-based NFT collections have been the third most traded NFT assortment this week. Ethereum-based NFTs have recorded a buying and selling gross sales quantity of $71 million up to now seven days. Ethereum and Solana have been in tight market rivalry to dominate the NFT market.
Polygon and Arbitrum have been the fourth and fifth most traded blockchain networks within the NFT ecosystem. Up to now seven days, Polygon-based NFTs have amassed a buying and selling gross sales quantity of $9.2 million, whereas Arbitrum-based NFTs have recorded a buying and selling gross sales quantity of $6.1 million.
Prime Promoting NFTs This Week:
Supply: CryptoSlam.io, high promoting NFTs this week
1. Bitcoin Ordinals ‘Uncategorized’ NFTs
Bitcoin Ordinal, the equal of non-fungible tokens created on the Bitcoin blockchain community utilizing satoshis, the smallest denomination on the chain, are the highest most-selling NFT assortment this final week of December. Bitcoin Ordinals has amassed a buying and selling gross sales quantity of $16 million up to now seven days. Nevertheless, Bitcoin Ordinals have decreased 48% in buying and selling gross sales quantity this week.
2. Froganas NFT Assortment
Froganas, an NFT assortment hosted on the Solana blockchain community, has been the second most-selling NFT assortment this final week of December 2023. Froganas NFT assortment has attracted a buying and selling gross sales quantity of $14 million up to now seven days. Throughout this era, Froganas NFT gross sales quantity elevated by 6,396%.
3. $SAIX BRC-20 NFTs
$SAIX, an NFT assortment created on the Bitcoin blockchain community utilizing the BRC-20 protocol, has been the third most-selling NFT assortment this final week of December. SAIX BRC-NFT assortment has amassed a buying and selling gross sales quantity of $7.3 million up to now seven days.
4. $RAT BRC-20 NFT Assortment
$RAT, an animal-inspired NFT assortment created on the Bitcoin blockchain community utilizing the BRC-20 protocol, has been the fourth most-selling NFT assortment this week. Up to now seven days, the $RAT BRC-20 NFT assortment has recorded a buying and selling gross sales quantity of $6.8 million.
5. $.ANT BRC-20 NFTs
$.ANT, a non-fungible token assortment created on the Bitcoin blockchain community utilizing the BRC-20 protocol, has been the fifth most-selling NFT assortment this week. Up to now seven days, $.ANT BRC-20 NFT assortment has recorded a buying and selling gross sales quantity of $6.3 million. Throughout this era, $.ANT BRC-20 NFT has elevated 135% in buying and selling gross sales quantity.
Supply: CryptoSlam.io, high promoting NFTs up to now seven days
6. $ORDI BRC-20 NFTs
$ORDI, one other NFT assortment created on the Bitcoin blockchain community utilizing the BRC-20 protocol, has been the sixth most-selling NFT assortment this week. The $ORDI BRC-20 NFT assortment has amassed a buying and selling gross sales quantity of $5.5 million up to now seven days. $ORDI has surged 236% in buying and selling gross sales quantity this week in comparison with the earlier week.
7. $SAT BRC-20 NFT Assortment
$SAT, one other NFT assortment created completely on the Bitcoin blockchain community utilizing BRC-20 ordinal protocol, has been the seventh most-selling NFT assortment this week. Up to now seven days, the $SAT BRC-20 NFT assortment has recorded a buying and selling gross sales quantity of $5.3 million. $SAT has plunged 49% in gross sales quantity this week from the previous week.
8. $PIIN BRC-20 NFTs
$PIIN, one other NFT assortment created on the Bitcoin blockchain community utilizing BRC-20 ordinal protocol, has been the eighth most traded NFT assortment this final week of December. Up to now seven days, $PIIN has recorded a buying and selling gross sales quantity of $4.8 million. $PIIN BRC-20 NFT gross sales have surged 85% this week in comparison with the previous week.
9. Sentry Node License NFTs
Sentry Node Licence, an NFT assortment hosted on the Arbitrum blockchain community, has been the ninth most-selling NFT assortment this final week of December. Up to now seven days, the Sentry Node Licence NFT assortment has recorded a buying and selling gross sales quantity of $4.8 million. The NFT assortment is up 109% in gross sales quantity this week in comparison with the previous week.
10. Gods Unchained NFT Assortment
Gods Unchained is an NFT assortment from the digital buying and selling card sport Gods Unchained hosted on the Immutable X blockchain community. Gods Unchained NFT assortment has amassed a gross sales quantity of 4.6 million up to now seven days, closing our ten top-selling NFT listing this week.
Most Costly NFTs Bought This Week
FrxETH Redemption #33 was the highest most-expensive NFT assortment this week, promoting for $638,433 six days in the past. Boogle #009 was the second most costly NFT assortment this week, promoting for $274,209 two days in the past. Lock Deal NFT #996 was the third most costly NFT assortment this week, promoting for $82,859 simply nineteen hours in the past.
Supply: CryptoSlam.io, the costliest NFT assortment bought up to now seven days
Prime NFT Information In The NFT Ecosystem This Week
1. Starbucks Launched Costa Rica NFT Journey
Earlier this week, Starbucks, the world-renowned espresso home, introduced freely giving an all-expense-paid journey to Costa Rica, amongst different rewards for high-ranked NFT holders of its Odyssey assortment. Starbucks anticipates utilizing the Costa Rica Journey to bridge the hole between the digital and actual world, marking a crucial turning level within the NFT panorama and probably indicating analogous ventures within the close to future.
Starbucks Odyssey (Starbucks’ NFT program) simply introduced a visit to Costa Rica for the highest 20 members.
Flight, resort, actions coated.
That is on high of 60K+ Stars given away, 10 Journeys, three Profit Choice Durations, and a number of other unique Discord friends.
All in 2023. pic.twitter.com/Fh6VGYZnLq
— Steve 🤙 (@NFTbark) December 27, 2023
2. Trump Cashed Out His NFT Earnings
Donald Trump, the Former United States President and crypto investor, lately cashed out a few of the Ether he made by way of promoting his digital buying and selling card NFTs, together with his affiliated crypto pockets transferring 1,075 Ether into the Coinbase crypto trade on December 8. Trump made the ETH from his NFT collections, which lately included his notorious mugshot that was captured when he surrendered himself to authorities in Georgia in August.
Seems like Donald Trump is promoting his ETH.
3 weeks in the past he began sending ETH to Coinbase after months of accumulating Trump NFT royalties. His peak stability was $4 million.
Based mostly on the deposits, to date he is bought 1,075 ETH for $2.4 million. pic.twitter.com/JZzA3cS2je
— Arkham (@ArkhamIntel) December 27, 2023
3. Kevin Rose Claimed Operating Moonbirds Made Him Sick
Kevin Rose, the crypto entrepreneur and the chief government officer of the Moonbirds NFT challenge, lately shared his management journey because the inception of the NFT challenge. In an interview, Rose famous that the challenge had made him develop medical problems, together with despair, as a result of its poor efficiency up to now 12 months.
Operating @moonbirds gave @kevinrose Anxiousness, IBS, Excessive Blood Stress, Mind Aneurysm and drove him to Ketamine
(supply: @tferriss podcast) pic.twitter.com/OmzX8HBJt9
— Robin Dubs.eth (@CryptoApe101) December 28, 2023
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