As a seasoned researcher with years of experience delving into the labyrinthine world of cryptocurrencies and non-fungible tokens (NFTs), I find myself constantly astounded by the dynamics at play. The recent surge in NFT sales volume to an eye-popping $178.8 million is a testament to the burgeoning interest in this space, with Ethereum leading the charge and Bitcoin maintaining its strong second position.
Despite Bitcoin reaching a record peak of $93,434.36, the market for Non-Fungible Tokens (NFTs) saw a significant increase, with sales climbing up by an impressive 94.1%, amounting to approximately $178.8 million.
The global cryptocurrency market capitalization has reached $3.03 trillion, marking a 4% increase over the last day. Bitcoin (BTC) has also retraced slightly, currently trading at $91,295.
Over the past seven days, the total sales volume for NFTs reached approximately $96.1 million. But fresh statistics from CryptoSlam show that these NFT transactions might almost have doubled in value.
- NFT sales volume skyrocketed to $178.8 million
- Ethereum (ETH) blockchain dominates with $67.5 million in sales (130% increase)
- Bitcoin maintains a strong second position with $59.2 million
- NFT buyers surged by 251.19% to 294,626
- NFT sellers increased by 236.89% to 189,367
Ethereum NFT sales up by 130%
This past week, sales volume for Non-Fungible Tokens (NFTs) on the Ethereum blockchain hit an impressive $67.5 million, representing a substantial 130% surge over the previous seven days. What’s more, the count of Ethereum NFT buyers swelled to 32,064, signifying a significant 48.03% growth.
In terms of the second spot, Bitcoin has firmly established itself, experiencing a significant surge of 139.46% over the past week.
According to Cryptoslam data, the Bitcoin blockchain’s NFT volume came at $59.2 million.
In the current ranking, Solana (SOL) holds the third spot, boasting a significant rise of approximately 94.65% over the past week, accumulating around $24.4 million.
In the past week, Mythos Chain (MYTH) has held its position as the fourth largest, dipping slightly by 0.48%, now valued at approximately $10.8 million.
In the fifth position, we find Immutable (IMX) boasting a 23.82% increase in Non-Fungible Token (NFT) sales volume, totaling approximately $4.75 million.
$?? BRC-20 NFTs retained their position
28.1 million dollars worth of BRC-20 NFTs were sold, demonstrating a significant surge of 207.87%.
CryptoPunks secured second place with $23.2 million in sales, marking a 688.74% increase.
The latest data shows that the following NFT collections topped the sales in the last week:
- CryptoPunks #8958 sold for $519,009 (169.69 ETH)
- CryptoPunks #6472 sold for $463,724 (149.5 ETH)
- CryptoPunks #1219 sold for $453,302 (140 ETH)
- BOOGLE #BC4biTu sold for $269,314 (1250.02 SOL)
- CryptoPunks #784 sold for $216,212 (70 ETH)
Read More
- We’re Terrible At Organizing Things.’ Tom Holland Reveals The Sweet Holiday Scheme He And Zendaya Are Going To Try Next Year
- Path of Exile 2: How To Find & Unlock the Realmgate
- NewsNation Taps Leland Vittert to Replace Dan Abrams
- Girls Frontline 2 Exilium tier list
- Million-Dollar Crypto Scandal: Abra Pays Up in SEC Settlement
- Chanel Showcases Apichatpong Weerasethakul’s Immersive Exploration of Memory and Light
- Joel McHale Joined Scream 7 And His Role Destroys A Popular Fan Theory
- Yarrow Slaps’ Distorted Celebrity Portraits Take Center Stage in New Video Game-Inspired Show
- Ilana Glazer, Clark Gregg Join Broadway Cast of George Clooney’s ‘Good Night and Good Luck’
- WATCH: Varun Dhawan’s moustache look catches attention during latest outing, is it for Border 2?
2024-11-16 20:24