NFT sales fall from 28.9% to $107 million, while Pudgy Penguins sales drop by 80%

The NFT market fell together with the broader crypto market, with Bitcoin falling to $85,000 and Ethereum falling to $2,200.

In response to knowledge from Cryptoslam, whole gross sales within the NFT market fell to $107.1 million, down 28.93% from the earlier week. Regardless of the pullback in gross sales worth, merchants’ participation continued to develop.

The weekly indicators inform combined tales:

NFT gross sales fell from $152.9 million to $107.1 million
NFT consumers elevated by 36.02% to 456,874
NFT sellers rose 32.81% to 314,871
NFT transactions remained steady, with 0.86% rising to 1,566,183

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Ethereum Gross sales Plunge

Ethereum (ETH) gross sales plummeted from 67.86% to $25.3 million, whereas consumers figures rose 20.27% to 50,056. Wash buying and selling fell 92.83% to $2.7 million.

Bitcoin (BTC) opposed the development, up 16.73% in gross sales to $24.3 million and consumers elevated 30.71% to 30,203.

Mythos Chain fell 4.79% to $14.7 million, however got here in third place. Polygon (POL) jumped to fourth place at $14.2 million, up 45.35%, whereas Solana (SOL) rose 12.41% to 12.41%.

NFT sales range from 28.9% to $107 million, Pudgy Penguins Sales Drope 80%-1

Supply: Blockchain based mostly on NFT gross sales quantity (Cryptoslam)

See the decline in gross sales within the high assortment

Courtyard took the highest spot with gross sales of $12.1 million, up 39.55%. The polygon-based mission noticed 139,249 transactions, however the variety of consumers fell by 24.05%.

Ordinal Maxi Biz (OMB) surged to second place at $1.2 million, an increase of 450.88% with greater than 2,000% consumers rising.

DMARKET fell 6.30% at $9.5 million, falling to 3rd place. The brand new F(X)WSTETH place got here in fourth, up 173.91%, at $6.1 million, whereas Guild of Guardians Heroes closed the highest 5 at $3.1 million, up 7.38%.

Beforehand market chief Pudgy Penguins fell to No. 10 with $1.6 million gross sales, with a pointy drop of 80.69% on all metrics.

Notable gross sales this week embody:

ebook.io – Dr. Jekyll and Mr. Hyde: $390,410 (600,000 ADA)
E-book.io – Dr. Jekyll and Mr. Hyde (2nd Version): $386,179 (600,000 ADA)
Cryptopunks #1062: $177,517 (80 ETH)
cryptopunks #2948: $139,250 (52.5 eth)
Order Maxibiz (OMB): $110,374 (1.1442 BTC)

General crypto market capitalization fell to $2.84 trillion from $3.18 trillion final week. Ethereum has dropped by greater than 20% over the previous seven days. See beneath.