NFT Sales Increased 22% This Month With $568 Million NFTs Sold Across 20 Blockchains – Markets & Prices Bitcoin News
Sales of non-fungible tokens (NFTs) show improvement as last month’s 30-day statistics showed NFT sales increased by 22.37% over the previous month. Over the past seven days, NFT sales have increased by 5.13% over the previous week. Moreover, in the last two days, the Bored Ape Yacht Club (BAYC) NFT’s low has managed to exceed the Cryptopunks NFT’s low by more than 4 Ethereum.
NFT Sales Improve in November, Exceeding October Sales by 22% — BAYC Floor Outperforms Cryptopunks
About two weeks ago Bitcoin.com News reported on two outstanding NFT collections, Cryptopunks and Bored Ape Yacht Club (BAYC) NFTs. At the time, Cryptopunks NFT outperformed BAYC NFT in terms of NFT floor values, but in the last two days, Bored Ape floor values have taken the reins again.
At the time of writing, the cheapest BAYC floor is 69.88 Ether while Cryptopunks has a floor of 65.94 Ether. BAYC’s lowest price has been above the lowest price associated with the Cryptopunks collection for two consecutive days.
Over the past 30 days, NFT’s sales for the last month were $568.19 million in digital collection sales, an increase of approximately 22.37% over the previous month. His number of NFT purchases last month decreased by 12.83% and NFT trading volume decreased by 27.09% from his NFT trading volume last month.
Of the $568.19 million NFT sales, $443.55 million worth of sales were from Ethereum-based NFTs. According to statistics recorded by cryptoslam.io, sales of Ethereum-based NFTs are up 45.99% from last month.
The largest month-on-month increase in NFT sales was attributed to Arbitrum blockchain NFT sales, as Arbitrum NFT sales increased by 46.83%. Falling short of his Ethereum- and Arbitrum-based NFT sales, Fantom’s sales increased him 43.58% over the previous month.
Blockchains that experienced significant month-over-month declines included Cardano NFT sales down 54.98%, BNB sales down 49.21%, Polygon NFT sales down 66.35%, and Ronin-based NFT sales down 54.76%. will be His Avalanche-based NFT sales were also down 49.32% from the previous month.
Last month’s best-selling NFT collection was BAYC, which earned $64,907,645 in the last 30 days. Art Gobblers earned his $57.18 million and his NFT of Mutant Ape Yacht Club (MAYC) his $29.14 million.
Among the top 40 NFT collections in terms of sales, Meebits’ NFT sales jumped 172.85% this month to $2.53 million, marking the largest increase for Meebits in 30 days. Last month’s highest NFT was Bored Ape Yacht Club #8,633, which sold for $953,000 12 days ago.
BAYC #8,633 was followed by BAYC #1,268, which sold for $923,000 six days ago, and BAYC #232, which sold for $908,000 six days ago. The top 5 most expensive NFTs sold in the last 30 days are BAYC NFTs, and the 6th biggest sale is Cryptopunk #8,191, which sold for $438,000 about 26 days ago.
What are your thoughts on the NFT market this past month and the 22% jump in sales over the previous month? Let us know your thoughts on the matter in the comments section below.
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NFT Sales Increased 22% This Month With $568 Million NFTs Sold Across 20 Blockchains – Markets & Prices Bitcoin News
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