While digital currencies suffered this past month, NFT sales dropped by 74.44% during the last 30 days.
Data shows that during the last seven days, NFT sales have slipped 17.33% lower than the sales recorded the week prior. NFT floor values for popular collections have rebounded this week in terms of ethereum value, but with ether’s exchange rate so low, blue chip NFTs are selling for a lot less than they did last month.Coinciding with the crypto bear market, NFT sales and interest have been dragging.
Solana took the second largest number of sales this past week with $22.31 million sold, up 3.56% higher than the week before. Binance Smart Chain was the third largest in terms of sales with $3.16 million, but BSC-based NFT sales slipped 32.45% lower this past week.Meanwhile, the NFT collection with the highest floor value is Bored Ape Yacht Club as the floor value is currently 90
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nifty News: Christie’s NFT expert to lead CryptoPunks, fake heiress launches NFT collectionYuga Labs co-founder “Gargamel” also said the full commercial rights would soon be turned over to CryptoPunks holders in the coming weeks, addressing the hold-up since the announcement in March.
Read more »
Scams in GameFi: How to identify toxic NFT gaming projectsWhen choosing a GameFi project, it is worth considering how actively the project is promoted, and what benefits the project’s token bestows upon its participants.
Read more »
NFT platforms in China grow 5X in four months despite government warningsDigital collectible's popularity touched new highs in China despite its regulatory risks. Over the past four months, NFT platforms grew from 100-to 500.
Read more »
Christie's NFT maven joins Yuga Labs to steward CryptoPunksThe announcement comes following a rapid rise in the CryptoPunk collection's floor price.
Read more »
An Intro to STEPN: The NFT Mobile Game That Pays You to Exercise | HackerNoon'An Intro to STEPN: The NFT Mobile Game That Pays You to Exercise' futureofgaming mobilegaming
Read more »
What Is NFT Ticketing and How Does It Work? | Binance BlogWhat problems does NFT ticketing solve? 🔸 Prevents forgery 🔸 Reduces cost 🔸 Faster production 🔸 Lowers chances of loss or damage And it doesn't stop there. Read more ⤵️
Read more »