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NFT sales volume fell by 25% over the week
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NFT sales volume fell by 25% over the week

Mar 24, 2024

The NFT trading volume for the last week decreased by a quarter, reaching $235.08 million compared to $345.2 million the previous week. This marks the fourth consecutive week of declining sales volumes in this sector.

This week, the leader among NFT collections was Uncategorized Ordinals based on Bitcoin, with transactions amounting to $33.75 million, which is 43% less than in the previous reporting period. Following them are the legendary CryptoPunks on Ethereum with a transaction volume of $20.89 million, which is 190.35% higher than last week.

The sale of CryptoPunks #7804 for $16.38 million or 4850 ETH, significantly exceeding its previous value of 4200 ETH or $7.67 million in 2021, has attracted attention. This NFT depicts a character in dark glasses, a gray cap, and a brown smoking pipe.

Third place was taken by the NodeMonkes collection based on Bitcoin with sales volume of $14.48 million. Following is the Mad Lads collection on Solana with a result of $8.21 million, and closing the top five leaders are Bored Ape Yacht Club (BAYC) with $7.74 million.

Pudgy Penguins took seventh place with $5.66 million, and the top-10 was closed by the Pandora collection with $4.12 million. Mutant Ape Yacht Club (MAYC) ended up in eleventh place with $3.71 million, and Azuki showed the 32nd result with $1.51 million in sales volume.

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