Impact Theory Founders Key launch, NBA Top Shot drop gets postponed, and MekaVerse is rolling in drama. There is a lot of stuff always happening in the NFT space. Our job is to always pay attention and make the best decision possible with the information that we have available at that point in time. But the truth is always in the data. So let’s see how the blue chips are doing.
Big Sales of the Week
What Collectible Market Data is Telling Us
Top 4 Collectibles
Axie Infinity made $131M in sales with a total of 129k buyers who transacted 559k times – a 2% decrease from last week.
MekaVerse made $86M in sales with a total of 2,244 buyers who transacted 3,859 times – a 115% increase in sales volume from last week.
MutantCats made $22M in sales with a total of 99 buyers who transacted 111 times – a 59% increase in sales volume from last week.
ArtBlocks made $21M in sales with a total of 935 buyers who transacted 1,751 times – a 55% decrease in sales volume from last week.
The biggest NFT markets or marketplaces where you can buy technically any NFT standard on the Ethereum network are OpenSea and Rarible.
OpenSea made $600M in sales with 172k buyers, almost a 28% decrease in sales volume last week.
Rarible made $4.88M in sales with 3,170 buyers, a 42% 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).
Kaiju Kingz made $14M in sales.
Ether Orcs made $13M in sales.
Bamboozlers made $11M in sales.
Metasaurs made $10M in sales.
What CryptoArt is Telling Us
Let’s quickly break it down for perspective:
- August sold $88.81M
- September sold $75.68M
- October so far $46.6M
CryptoArt markets still looking solid and now even more with Sotheby’s Metaverse auction.
New projects are coming out every day, but in general old and established NFTs are doing pretty well in the markets. You should by careful while investing in new NFTs projects, but there are good projects out there, just remember to DYOR (do your own research).
*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.