The Weekly Rundown – NFT Sales November 20-26 2021

Welcome to the Weekly Rundown, where we’ll be breaking down some of the top stories in blockchain this week. This week’s edition covers November 20th-26th, 2021.

The “NFT Sales” is a weekly report that tracks the sales of NFTs over the course of a week. The report will include information such as total sales, average price, and volume.

Many NFT events are coming up shortly, however amid this NFT craze that began earlier this year, there are also a lot of low-quality effort NFTs being generated at a rapid speed. As we approach the end of the year, we should be extra cautious while reviewing new ventures.

Let’s get this data rundown underway.

The Week’s Big Sales

–Fashion Street Estate for $2.42 million –Axie Infinity #1157920892 for $2.33 million –CryptoPunk #4613 for $1.18 million –Bored Ape Yacht Club #7698 for $953 thousand –Fashion Street Estate for $2.42 million –Fashion Street Estate for $2.42 million –Fashion Street Estate for $2.42 million –Fashion Street Estate for $2.42 million –F

What Market Data on Collectibles Tells Us

The Top Four Collectibles

Axie Infinity generated $162 million in sales this week, with 179 thousand consumers transacting 588 thousand times, down 8% from the previous week.

Wolf Game achieved $64 million in sales, with 5,400 purchasers transacting 13,400 times.

The Sandbox sold $60 million to a total of 2k purchasers who transacted 4,571 times, representing a 60% increase in sales volume over the previous week.

CryptoPunks produced $27 million in sales, with 46 purchasers transacting 56 times – a 33 percent drop in sales volume from the previous week.

NFT Markets is a company that specializes in non-traditional

NFT Markets is a company that specializes in non-traditional Last 7 Days

The biggest NFT Markets is a company that specializes in non-traditional or marketplaces where you can buy technically any NFT.

With 148k purchasers, OpenSea generated $584 million in sales, down almost 10% from the previous week.

AtomicMarket produced $24 million in sales with 53 thousand purchasers, an almost 48 percent decline in sales volume from the previous week.

Solanart sold $18 million to 15 thousand people, representing an almost 13 percent rise in sales volume over the previous week.

Rarible sold $3.84 million to 2,685 purchasers, a 14 percent decline in sales volume from the previous week.

What CryptoArt Is Trying to Tell Us

Crypto Art

Let’s have a look at it in more detail:

  • September’s sales totaled $75.68 million dollars.
  • In October, $95 million was sold.
  • So far in November, $62 million has been raised.

CryptoArt is still generating some exciting sales, but it seems that October was the apex of the previous few months; the bull market isn’t done yet, so we might be in for some more intriguing months in the near future.

Summary

Be wary of future NFT project launches; things are starting to get out of hand. So, if you’re looking to purchase any, do your homework and look for older items. However, the year of the NFTs is still 2021, and some of these NFTs will be quite important in the coming years.

 

Related Tags

  • nft prices
  • nft trading platform
  • where to buy nft tokens

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