• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
During the week sales volume of NFTs was $325.09 million

During the week sales volume of NFTs was $325.09 million

user avatar

by Max Nevskyi

2 years ago


The analytics service CryptoSlam recorded that in the past seven days (December 4-10, 2023), the NFT market's trading volumes reached $325.09 million, exceeding the current year's October figures of $308.23 million. During this period, there were 223.05 thousand unique buyers, less than the previous week's 335.41 thousand, but the number of transactions reached 2.07 million, the first time since August of this year.

Interestingly, the average NFT purchase cost last week was $156.36, significantly higher than the previously recorded $41.45. From December 1 to 11, 2023, the total NFT purchases amounted to $446.26 million. If this trend continues, the market's trading volumes could exceed $1 billion by the end of December, comparable to this year's February figures of $1.21 billion.

Among specific NFT collections, the leaders were SATS BRC-20 based on the Bitcoin blockchain with sales figures of $18.22 million and Sentry Node License on Arbitrum ($14.11 million), followed by Tensorians on Solana ($12.73 million). Meanwhile, Bored Ape Yacht Club (BAYC) only ranked 12th with trade volumes of $4.33 million, 54.8% less than last week's figures. CryptoPunks and Azuki also saw a decline, ranking 19th and 27th, respectively.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

South Korean Opposition Party Seeks to Abolish Cryptocurrency Tax

chest

The South Korean opposition party has introduced a bill to abolish the planned 22% capital gains tax on cryptocurrencies, arguing it creates unfair disparity compared to stock investors.

user avatarRajesh Kumar

Coinbase Expands Global Offerings with Stock Perpetual Futures

chest

Coinbase has launched stock perpetual futures for non-US traders, allowing 24/7 trading of major tech stocks as part of its strategy to integrate crypto and traditional assets.

user avatarGustavo Mendoza

Grayscale Moves to Launch HYPE ETF Following SEC Application

chest

Grayscale has submitted an S1 registration form for the Grayscale HYPE ETF, aiming to trade on NASDAQ under the GHYP symbol.

user avatarMiguel Rodriguez

UK Shuts Down Crypto Exchange Linked to Iranian Military

chest

The UK government has initiated a compulsory strikeoff against Zedxion Exchange Ltd due to false information and connections to Iran's Islamic Revolutionary Guard Corps.

user avatarLuis Flores

Altcoin Market Faces Prolonged Weakness Amid Declining Trading Volumes

chest

The altcoin market is experiencing prolonged weakness due to declining trading volumes and reduced investor participation.

user avatarArif Mukhtar

Bitcoin Faces Major Liquidation Event with 541 Million in Losses

chest

The crypto market experienced one of its worst single-day liquidation events, with Bitcoin leading the losses.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.