Oh, darling, it seems the NFT market has taken a rather dramatic tumble, much like a diva in a poorly staged production! With Bitcoin now languishing at a mere $85,000 and Ethereum sulking at $2,200, one must wonder if the crypto gods are having a laugh at our expense. 😂
According to the ever-reliable CryptoSlam data, our beloved NFT sales have plummeted to a staggering $107.1 million, which is a 28.93% drop from last week. But fear not, for while the sales value has taken a nosedive, the number of traders seems to be growing—perhaps they enjoy a good tragedy? 🎭
The weekly metrics tell a rather mixed tale, akin to a farce:
- NFT sales volume has fallen from $152.9 million to a paltry $107.1 million.
- NFT buyers have increased by 36.02%, now totaling 456,874—clearly, they enjoy a good show!
- NFT sellers have also grown by 32.81%, reaching 314,871. A veritable cast of characters!
- NFT transactions have remained stable, with a slight rise of 0.86% to 1,566,183. Bravo!
Ethereum’s Dramatic Decline
Oh, the tragedy! Ethereum (ETH) sales have plummeted by 67.86% to a mere $25.3 million, though buyer numbers have risen by 20.27% to 50,056. Wash trading, however, has fallen dramatically by 92.83% to $2.7 million—what a scandal! 😱
In a delightful twist, Bitcoin (BTC) has gone against the tide, with sales up 16.73% to $24.3 million and buyer numbers growing by 30.71% to 30,203. A true hero in this tale!
Mythos Chain has fallen by 4.79% to $14.7 million but still holds third place. Polygon (POL) has jumped to fourth with a 45.35% rise to $14.2 million, while Solana (SOL) takes fifth with a modest 12.41% increase to $12.1 million. Quite the competition, wouldn’t you say?
Top Collections in a Sales Slump
Courtyard has claimed the top spot with $12.1 million in sales, up 39.55%. However, buyer numbers have taken a hit, falling by 24.05%. Oh, the irony!
Ordinal Maxi Biz (OMB) has surged to second place with a staggering 450.88% increase, now at $12.0 million, with buyer growth of over 2,000%. A true Cinderella story! 👑
DMarket has dropped to third with $9.5 million, down 6.30%. A newcomer, f(x) wstETH position, has taken fourth with $6.1 million, up 173.91%, while Guild of Guardians Heroes rounds out the top five with $3.1 million, growing 7.38%. What a motley crew!
Pudgy Penguins, once the belle of the ball, has plummeted to tenth place with sales of $1.6 million, a staggering 80.69% drop. Poor dears, they’ve lost their charm! 🐧💔
Notable sales this week included:
- Book.io – Dr. Jekyll and Mr. Hyde: $390,410 (600,000 ADA)
- Book.io – Dr. Jekyll and Mr. Hyde (second edition): $386,179 (600,000 ADA)
- CryptoPunks #1062: $177,517 (80 ETH)
- CryptoPunks #2948: $139,250 (52.5 ETH)
- Ordinal Maxi Biz (OMB): $110,374 (1.1442 BTC)
Alas, the overall crypto market cap has dropped to $2.84 trillion from last week’s $3.18 trillion. Ethereum is down over 20% in the past seven days. A tragic end to a once-gl
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2025-03-01 15:15