The market has been a little bit bearish right now, but builders are still building, collectors are still collecting, and artists are still minting their pieces. Some noticeable data points are that this is the first time that Axie Infinity’s weekly revenue has gone below $100M’s in the last couple of months (last week was around $99.8M, still almost $100M).
Let’s quickly look at the data.
Big Sales of the Week
What Collectible Market Data is Telling Us
Top 4 Collectibles
CloneX made $135M in sales with a total of 2,842 buyers who transacted 4,828 times.
Axie Infinity made $68M in sales with a total of 137k buyers who transacted 404k times – a 31% decrease from last week.
RTFKT CloneX Mintvial made $50M in sales with a total of 797 buyers who transacted 1,963 times – a 224% increase in sales volume from last week.
BAYC made $29M in sales with a total of 110 buyers who transacted 118 times – a 14% decrease in sales volume from last week.
The biggest NFT markets or marketplaces where you can buy technically any NFT.
OpenSea made $630M in sales with 160k buyers, almost a 31% increase in sales volume last week.
Solanart made $6.52M in sales with 10k buyers, almost a 3.8% decrease in sales volume last week.
AtomicMarket made $5.45M in sales with 51k buyers, almost a 6% decrease in sales volume last week.
Rarible made $4.04M in sales with 1,500 buyers, a 28% increase in sales volume last week.
What CryptoArt is Telling Us
Let’s quickly break it down for perspective:
- October sold $95M
- November sold $66M
- December so far $148M (including Pak’s sale of $92M approx.)
Markets seem a little bearish, but the future is bright for everyone thinking long-term and adding value to the ecosystem.
*All investment/financial opinions expressed by NFT Plazas are from our site moderators’ research and experience and are intended as educational material only. Individuals are required to research any product before making any investment thoroughly.