NFT

NFT Weekly Sales Recap (March 5th- 11th, 2022)

Let’s start with the 1st episode of the NFT Weekly Sales Recap, markets are still irrational, but ETH is beginning to migrate to strong NFT projects with utility. Gary Vee’s Book Games, which is now on its second release with VeeFriends 2, is a good example of a project that is killing it.

NFT Weekly Sales Recap (March 5th- 11th, 2022) 6

Big Sales of the Week

BAYC #3666 for $637k

NFT Weekly Sales Recap (March 5th- 11th, 2022) 7

EST 1471 for $595k

NFT Weekly Sales Recap (March 5th- 11th, 2022) 8

EST 519 for $502k

NFT Weekly Sales Recap (March 5th- 11th, 2022) 9

Ͼ 445 for $412k

NFT Weekly Sales Recap (March 5th- 11th, 2022) 10

NFT Marketplaces in last 7 days

  • OpenSea made $412M in sales with 193k buyers, almost a 44% decrease in sales volume last week
  • LooksRare made $470M in sales with 4k buyers, a 16% decrease in sales volume last week
  • Magic Eden made $1.42M in sales with 9k buyers, almost a 80% decrease in sales volume last week
  • Solanart made $951k in sales with 5k buyers, almost a 22% decrease in sales volume last week
  • AtomicMarket made $3.18M in sales with 38k buyers, almost a 60% decrease in sales volume last week
  • Rarible made $290k in sales with 752 buyers, a 123% decrease in sales volume last week

Metaverse Sales in last 7 days

Every week we see the interest in metaverse worlds; people just throw the word metaverse around without realizing that different “metaverse platforms” are being developed. So here we cover the top ones.

Collectibles Sales in last 7 days

Top 4 collectibles by sales in the NFT space.

  • Invisible Friends made $43M in sales with a total of 1,409 buyers who transacted 2k times – a 38% increase in sales volume from last week.
  • WonderPals made $23.5M in sales with a total of 12k buyers who transacted 16k times.
  • 3Landers made $19.6M in sales with a total of 1,920 buyers who transacted 2,914 times- a 52% decrease in sales volume from last week.
  • Bored Ape Yacht Club made $18.3M in sales with a total of 59 buyers who transacted 61 times- a 8% decrease in sales volume from last week.

Crypto Games Volumn in last 7 days

There are more games that promise great gameplay and a big community every week. Currently, Axie Infinity is number one in the P2E world by daily active users. Below are the top 3 games in volume in the last 7 days.

Summary

Every aspect of the NFT and crypto markets is in a downtrend time. Many critical events are happening all around the world, which will keep the needs unstable for a few months. The best thing to do is study the research, but as you can see, various NFT markets have dropped by an average of 60% in volume over the last seven days. Stay tuned for more!

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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