Everything is slowing down in the crypto world and NFT land. There are some stealth launches that are making some good moves like the gmoney drop which went from free mint to 8 ETH floor price on average. But besides that everything is trending down.
Let’s quickly look at the data.
Big Sales of the Week
Top sales in the last 7 days by NonFungible.com
OpenSea made $217M in sales with 167k buyers, almost a 54% decrease in sales volume last week.
LooksRare made $75M in sales with 7,700 buyers, almost a 9% decrease in sales volume last week.
Magic Eden made $57M in sales with 113k buyers, almost a 20%decreasein sales volume last week.
Solanart made $76k in sales with 610 buyers, almost a 58%decrease in sales volume last week.
AtomicMarket made $971k in sales with 25k buyers, almost a 10% decrease in sales volume last week.
Rarible made $192k in sales with 626 buyers, a 72% decrease in sales volume last week.
Every week we see the interest in metaverse worlds growing; people just throw the word metaverse around without realizing that different “metaverse platforms” are being developed. So here we cover the top ones.
Otherside made $22M in sales with 1611 buyers.
The Sandbox made $1.3M in sales with 466 buyers.
Decentraland made $684k in sales with 225 buyers.
CryptoVoxels made $64k in sales with 28 buyers.
Somnium Space made $20k in sales with 4 buyers.
What Collectible Market Data is Telling Us
Top 4 collectibles by sales in the NFT space.
Otherdeed made $26M in sales with a total of 1,900 buyers – a 4% increase in sales volume from last
goblintown made $20M in sales with a total of 18k buyers – a 0% increase in sales volume from last
Bored Ape Yacht Club made $19M in sales with a total of 1834buyers – a 18% decrease in sales volume from last week.
chimpers made $17M in sales with a total of 4k buyers – a 0% increase in sales volume from last week.
Average Floor in the Last 7 Days for Top Collectibles
This section is brought to you by NFT Price Floor data feeds. They collect NFT floor prices every 5 minutes.
Otherdeed avg. floor of 2.7 ETH
goblintown avg. floor of 1.49 ETH
Bored Ape Yacht Club avg. floor of 90 ETH
chimpers avg. floor of 1.77 ETH
There are more games that promise great gameplay and a big community every week. Currently, Axie Infinity is number one in the P2E world by daily active users. Below are the top 3 games in volume in the last 7 days.
DeFi Kingdoms made $56M in volume.
Axie Infinity made $26M in volume.
The Sandbox made $16M in volume.
What CryptoArt is Telling Us
Let’s quickly break it down for perspective:
- January sold $61M
- February sold $45M
- March sold $57M
- April sold $58M
- May sold so far $[21.6]M (some data may be missing in cryptoart.io)
Markets seem slow, you should be careful with what you buy. Now is the time to reflect and learn from the crypto market. Start learning what to do and build something, be it content and/or code.
*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.