There are always new projects launching in the NFT space, everything is overhyped right now and projects are launching by the 100s. Just stick with what’s proven and never ignore the data. It might not give you that 100x, but it certainly will help you not get burned in this crazy space.
Let’s get started with the data rundown.
Big Sales of the Week
What Collectible Market Data is Telling Us
Top 4 Collectibles
Axie Infinity made $229M in sales with a total of 13k buyers who transacted 735k times – a 62% increase from last week.
CryptoPunks made $43M in sales with a total of 56 buyers who transacted 73 times – a 52% increase in sales volume from last week.
Farmers World made $28M in sales with a total of 4,373 buyers who transacted 78k times – a 41% increase in sales volume from last week.
ArtBlocks made $24M in sales with a total of 90 buyers who transacted 102 times – a 145% increase in sales volume from last week.
The biggest NFT markets or marketplaces where you can buy technically any NFT.
OpenSea made $328M in sales with 123k buyers, almost a 1% increase in sales volume last week.
AtomicMarket made $23M in sales with 62k buyers, almost a 14% increase in sales volume last week.
Solanart made $11M in sales with 12k buyers, almost a 14% decrease in sales volume last week.
Rarible made $2.45M in sales with 1,212 buyers, a 51% decrease in sales volume last week.
Top 4 New Collectibles in the Last 7 Days
This is our segment where we evaluate the 4 latest best-selling collectibles every 7 days, according to OpenSea rankings (we pick the first 4 with less than 7 days of data).
Edifice by Ben Kovach made $17M in sales.
Divine Anarchy made $11M in sales.
Cosmic Labs made $10M in sales.
Art Wars | AW made $6.6M in sales.
What CryptoArt is Telling Us
Let’s quickly break it down for perspective:
- September sold $75.68M
- October sold $95M
- November so far $31M
With the big sale of Beeple, CryptoArt sales are starting to catch up again, and people are buying more pieces, it looks like we are on track to match October sales.
This space is still making crazy numbers, but those trades and or buy and hold are hard to replicate, just stick with the general data and you’ll do decently.
*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.