What’s So Special About The NFT Meebits Collection?

Generated by a custom generation algorithm and placed on the Ethereum blockchain, the Meebits NFT Collection includes 20,000 unique 3D voxel characters.

Launched in May 2021, with a market cap of $832.8 million, the NFT collection represents 3.2% of the total NFT market cap of $23 trillion.

In addition, with an all-time trading volume of $9.73 billion, Meebits leads the market with a 19.37% market share in total trading volume of $61.22 billion. This earned it a spot in the NFT “Blue-Chip” collection.

According to data from Santiment, the Meebits NFT contract address has seen a spike in its interactions and transactions this week. Both indexes hit their highest levels since February.

According to data from CryptoSlam, with $6,035,899.79 in total sales over the past 29 days, the Meebits collection saw a 46% increase in sales from the $3,207.926.51 signed in June.

According to data from the NFT Floor Price, the floor price of the collection is 5.1 ETH at press time. During the 7-day window period, this number increased by 8%. In the past 24 hours, the Meebits floor price has increased by 15.25%.

Furthermore, over the past seven days, the number of purchases for Meebits totaled 367, according to data from NFTGo. During that period, $1.79 million was recorded in total sales.

With this number, the number of purchases or sales of NFT Meebits over the past seven days has increased by 40.08%.

Similarly, during the same period, data from NFTGo shows that the number of NFT sending or receiving transactions included in the Meebits collection recorded a 7.92% increase. A total of 218 transfers were recorded in the past seven days.

During the period under review, the blue-chip NFT collection managed a 27.03% increase in the number of unique addresses that purchased NFT at least once from the collection. In the past seven days, 171 unique addresses have obtained at least one Meebits.

In contrast, the number of unique addresses sold NFTs at least once from the Meebits collection also increased by 27.59% over the period considered.

Interestingly, although the number of NFT sellers and buyers increased over the past seven days, the number of unique addresses with at least one NFT from the collection has decreased by 0.11%.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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