The NFT market has pulled back with a weak crypto weakness, with bitcoin falling to $ 101,000 and the atherium has fallen to $ 3,200.
The latest coinmarketcap data suggests that the overall crypto market cap has slipped from $ 3.58 trillion to $ 3.5 trillion in the previous week.
As Cryptosalam Data, NFT sales quantity has fallen 29.45% this week. Despite the decline in total sales, market participation has increased, in which more traders have entered space.
Weekly Matrix tells a mixed story:
- NFT sales quantity fell from $ 198.1 million to $ 137.9 million
- NFT buyers rose 31.92% to 589,960
- NFT seller rose 33.23% to 425,135
- Transaction declined 4.35% to 1,412,615
Ethereum NFT sales drop, mythos chain sales growth
- Ethereum (Eth) NFT sales declined by 40.35% to $ 67.9 million, although the buyer number increased by 20.59% to 58,632. Wash trading fell 57.40% to $ 28.8 million.
- Bitcoin (BTC) NFTs saw 32.45% decline by $ 17.4 million, while the buyer’s participation rose by 35.12% to 46,714.
- The Mythos series reached third position with $ 13.6 million, rose 4.13%.
- Solana (Sol) came fourth with $ 12.4 million below 39.21%.
- Polygon (pole) entered the top five with an increase of 85.18% to $ 8.1 million.
NFT collection shows mixed results
Pudi Penguin gained 38.49%with $ 13.9 million in sales. Their bounce led to greater activity, with the transactions up to 106.21% and buyers up to 20.80%.
Dmarmet finished second with $ 8.5 million, increased 7.30% and maintained high volume with 307,776 transactions. Azuki fell 74.73%to third with $ 7.3 million.
A new entry on polygon, the courtyard claimed fourth place with $ 7.2 million, with an increase of 155.57%. Cryptopank excluded the top five with $ 5.7 million below 31.19%.
Top sales are included this week:
- Cryptopank #5473: $ 547,670 (162 Ath)
- Cryptopank #1925: $ 412,926 (125 Ath)
- Cryptopank #7162: $ 373,166 (112 Ath)
- Autoglifs #185: $ 348,295 (102.5 Ath)
- Autoglifs #328: $ 332,290 (105 wth)