The Weekly Rundown – NFT Sales May 1-6 2022

Bitcoin and other cryptocurrencies are performing well over the past week, but out of nowhere NFTs have rocketed up in value. What is happening? Let’s take a look at some of the major stories from this past week.

The “nft sales 2022” is a weekly report from NFTs Crypto that details the NFT sales for May 1-6.

The Markets NFT are slowing a bit, and regular news outlets are beginning to report some FUD. NFTs will continue to exist in the future, but which ones will thrive?

Let’s take a brief look at the numbers.

The Week’s Big Sales

NonFungible.com’s top sales in the past 7 days

Markets NFT

With 196k purchasers, OpenSea generated $1.38 billion in sales, almost a 97 percent increase over the previous week.

LooksRare generated $505 million in sales with 9k purchasers, over a 3% rise over the previous week.

Magic Eden sold $89 million to 16 thousand people last week, almost a 139 percent rise in sales volume.

Solanart generated $334k in sales with 1,000 purchasers, down over 20% from the previous week.

AtomicMarket sold $2.1 million to 34k purchasers, almost double its sales volume from the previous week.

Rarible earned $583k in sales with 786 purchasers, down 8% from the previous week’s volume.

Metaverse

Metaverse

Every week, we witness an increase in interest in metaverse worlds; individuals just use the term “metaverse” without comprehending that many “metaverse platforms” are being built. So these are the most important ones.

Otherside sold $937 million to 80831 people.

The Sandbox sold 708 copies for $3.1 million.

Decentraland sold $1.4 million to 212 people.

With 45 customers, CryptoVoxels earned $117,000.

Somnium Space sold $49k to seven bidders.

 

What Market Data on Collectibles Tells Us

Collectibles

In the NFT category, the top four collectibles by sales.

Otherdeed sold $791 million to 16,464 customers, a 0% rise in sales volume over the previous year.

Bored Ape Yacht Club sold $150 million to 325 customers, a rise of 80 percent over the previous week’s sales volume.

Mutant Ape Yacht Club sold $124 million to 1,134 customers, a 34 percent increase in sales volume from the previous week.

Beanz sold $71 million to 2,209 purchasers, a 401 percent increase in sales volume over the previous year.

Top collectibles’ average floor in the past 7 days

NFT Price Floor data streams are responsible for this part. Every 5 minutes, they gather NFT floor pricing.

In any case, the average floor is 3.3 ETH.

The average floor at Mutant Ape Yacht Club is 22 ETH.

The average floor at the Bored Ape Yacht Club is 106 ETH.

Beanz has an average floor of 4 ETH.

Cryptographic Games

CryptoGames

Every week, there are new games that promise fantastic gameplay and a large community. Axie Infinity is now the most popular P2E platform in terms of daily active users. The top three most popular games in the previous seven days are shown below.

The volume of DeFi Kingdoms was $64 million.

Axie Infinity’s volume was $58 million.

Alien Worlds grossed $9 million in volume.

What CryptoArt Is Trying to Tell Us

CryptoArt

Let’s break it down fast for clarity:

  • $61 million in January
  • $45 million in February
  • $57 million was sold in March. 
  • $58 million was sold in April.
  • $114 million has been sold in May.

Summary

NFTs seem to be back in style, so be cautious about what you purchase. Many frauds are being perpetrated.

 

The “top 10 most expensive nfts” is a list of the top 10 most expensive NFTs that were traded on May 1-6, 2022. The price and volume data was sourced from CoinMarketCap.

Related Tags

  • nft sales tracker
  • most expensive nft sold on opensea
  • top 10 nft artists
  • nft collapse reddit
  • nft marketplace

Leave a Comment

Your email address will not be published.

Most Recent

Categories

Share:

Share on facebook
Share on twitter
Share on pinterest
Share on linkedin
Scroll to Top