NFTs: The Digital Gold Rush or Just Fool’s Gold? 🤑

Well, folks, it appears the NFT (Non-Fungible Token) market is taking a bit of a tumble. Despite crypto prices looking slightly perkier, with Bitcoin strutting at a cool $84,000 and Ethereum holding its own at $1,900, the NFT sales are singing the blues, dropping5.34% to a mere $100.9 million. 😲

But wait, there’s a twist! The global crypto market cap has nudged upwards to $2.77 trillion from last week’s $2.73 trillion. So, someone’s buying something somewhere. 🤔

According to CryptoSlam, those NFT sales have taken a nosedive, but don’t shed a tear yet—buyers and sellers are apparently multiplying like rabbits. Up70.97% for buyers and68.57% for sellers. It’s like a digital yard sale out there! 💸

The weekly metrics reveal:

  • NFT sales volume took a little dip to $100.9 million from $99.1 million. Oops!
  • NFT buyers skyrocketed70.97% to350,146. Party time!
  • NFT sellers jumped68.57% to225,465. Everyone wants a piece of the pie.
  • NFT transactions increased16.90% to1,696,996. Busy bees!

Bitcoin NFTs: The Big Losers 🤦‍♂️

Ethereum (ETH) NFTs are having a tough time, dropping13.03% to $27.7 million, but hey, more buyers showed up—42.17% more to be exact, clocking in at44,850. And less wash trading, down6.53% to $2.8 million. Hooray for cleaner trades!

Bitcoin (BTC), on the other hand, has taken a bit of a beating, down30.69% to $16.3 million. But don’t cry for them, Argentina; buyers are still flocking, up63.67% to31,251. 🎉

Mythos Chain decided to be the black sheep, climbing3.12% to $15.6 million and keeping its third-place spot. Meanwhile, Polygon (POL) slid5.81% to $13.3 million, and Solana (SOL) dropped5.25% to $9.4 million. It’s like watching a digital soap opera. 🍿

CryptoPunks: From Hero to Zero? 🧐

Courtyard is still king with $11.5 million in sales, despite a6.95% drop. And they’re busy, with transaction volume up4.76% to100,285. DMarket snuck into second place with $10.4 million, up4.44%, and a staggering333,211 transactions. Guild of Guardians Heroes is holding strong in third with $5.6 million, growing an astonishing159.46%.

Good Vibes Club is living up to its name, up264.67% to $4.0 million, while BRC-20 NFTs are falling from grace, down43.57% to $3.2 million. And poor CryptoPunks, once the darling of the NFT world, has slipped to sixth place with $2.6 million, a15.52% dip.

Notable sales this week included:

  • CryptoPunks #6634: $431,243 (222.5 ETH). Someone’s got deep pockets!
  • Azuki #641: $209,021 (110 WETH). Not too shabby.
  • Autoglyphs #166: $198,308 (103 ETH). Quite the catch.
  • Autoglyphs #275: $189,198 (100 WETH). Still impressive.
  • Autoglyphs #402: $188,475 (99.9 ETH). Just shy of100, but who’s counting?

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2025-03-22 15:50