Bitcoin fell 4% in the last week, to $94,000. Ethereum also dropped to $3300.
The latest statistics from CryptoSlamThe NFT industry has experienced a major correction. Sales volume fell by 49.77% in just one week, to reach $152.7 million.
The market activity metrics reveal that traders, both new and old, are still interested despite the dramatic decline in trading volumes.
- NFT sales have increased 50.97%, to 531 208.
- NFT Sellers have risen by 46.14 % to 308,666
- NFT has decreased 13.26%, to 1 477 340 transactions
- NFT sales have dropped from last weeks’ levels $302.2 million in total sales
Ethereum, Bitcoins see sharp drops
Ethereum) (ETHNFT Blockchain has seen sales drop 62%, to $75.3 Million. The network still has 63,054 users, which represents a 42.9% increase. Wash trades have also declined by a significant 80.04%, to $21.6million.
Bitcoins (BTCThe NFT ecosystem shows a similar trend with sales dropping by 30% to $28.0 Million. The network, however, shows a significant increase in the number of users with 59.311 customers, which is a growth rate of 52.13% from the prior period.
Solana (SOL() retained its third place despite a decline of 58.71% to $13.9 millions in sales. It continues to be a network with strong engagement, as 180,111 users have purchased products, a rise of 68.43%.
Mythos Chain (also known as ImmutableX) and Mythos Chain are both available.IMXImmutable grew by 15.93%, to $8.1million in sales.
Pudgy Penguins lead market decline
Sales of Pudgy Penguins have plummeted 76.65%, to $12.6 Million. Project sales have dropped across the board, falling by 71.82% in transactions and 69.92% for buyer participation.
Azuki moved up from third to second with sales totaling $9.3 Million, showing a decline of 41.94%. BRC-20’s NFTs dropped to the third spot with sales of $6.5 million, a decline of 30.68%.
DMarket is ranked fifth, followed by Guild of Guardians Heroes. DMarket grew 8.96% in the last year and Guild of Guardians Heroes grew 22.23%.
This week’s notable individual sales include:
- Azuki 3535 sold for 427,000 dollars (125 ETH).
- CryptoPunks #6797 has been sold for $159792 (49 Ethereum).
- CryptoPunks 3017 sold for $156 815 (47 ETH).
- CryptoPunks No. 704 sold at $156,488 (4 ETH).
- CryptoPunks #5792 was sold for $155 949 (45.9849 Ethereum)
The global cryptocurrency market cap has dropped to $3.29 billion from $3.41 trillion the previous week. This shows a bearish market trend.
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Source: crypto.news
