NFTs notch a strong week but participation collapsed by 80%

PENGU trader flipped $10k to $3 on Pudgy Penguins tokens


The NFTS, or non -fascinated tokens, marked another strong week with an increase of 20.67% of sales to 122.6 million dollars, even if the participation of buyers and the seller has collapsed by more than 80%.

Ethereum has recovered the best blockchain spot with sales of $ 50 million, while Bitcoin went from sixth to second place in the wider summits of the cryptography market: BTC reach a new summit of all time of $ 117,000 and Ethn jumped 17% in the last seven days.

Despite the narrowing user base, the best collections such as F (X) Wsteth and the basswood penguins have seen explosive gains, driven by institutional activity and high value trades, including several six -digit autoglyph sales. The market paradox: arrow assessments, fewer hands.

Ethereum NFTS recovers domination

According to data from CryptoslamMarket participation has substantially contracted NFT buyers by deriving 89.08% to 88,157, and NFT sellers dropped from 82.62% to 56,817.

NFT transactions remained relatively stable, increasing 1.63% to 1,357,999.

Ethereum recovered its dominant position with $ 50 million in sales – a peak of 133.36% compared to the previous week. Ethereum washing trading has doubled, increasing by 101.59% to $ 3.9 million.

Bitcoin is now in second place with $ 15.5 million, an increase of 50.12%. This represents a significant improvement compared to its position of sixth place previous.

NFTs are booming - just without the crowd - 1
Source: Blockchains by nft Sales Volume (cryptoslam)

Polygon (Police) fell in third place, with $ 14.6 million, a drop of 41.86%. Blockchain trading increased by 59.20% to reach $ 914,413.

Mythos Chain has the fourth position with $ 14 million, down 2.43%. BNB channel (Bnb) ranks fifth with $ 7.8 million, representing a decrease of 17.74%. Immutable (IMX) has dropped considerably in sixth place, with $ 6.3 million, a drop of 28.74%.

The number of buyers has decreased in all block chains, Ethereum leading to 86.74%, followed by polygon to 88.87%and Bitcoin at 80.22%.

F (x) The Wsteth position took first place in collection rankings with sales of $ 15.8 million, with a overvoltage of 2,056.28%. This collection is dominated by institutional activity with only 26 buyers and 1 seller.

The Polygon Court fell in second place with $ 12.3 million, a decrease of 35.06%. The collection has experienced substantial decreases of buyers (32.75%) and sellers (14.59%).

Dmarket is third place with $ 8.9 million, a decrease of 3%. Bitcoin NFT BRC-20s climbed into fourth row with $ 4.3 million, which represents an increase of 74.64%.

Grassouillant people have entered the first five with $ 3.2 million, increasing by 130.49%. The collection has doubled its transactions (100%), given the growth of buyers (146.43%) and sellers (107.89%).

Guild of Guardians Heroes, who dominated the previous weeks, has completely disappeared from the upper collections.

This week’s high value notable sales include:

  • Autoglyphs # 195 sold for 95 ETH ($ 283,623)
  • Other expanded # 7 Sold for 100 weth ($ 278,128)
  • Autoglyphs # 194 sold for 215,000 USDC ($ 215,000)
  • Autoglyphs # 139 sold for 75 Weth ($ 189,994)
  • Boogle sold for 1,150.02 soil ($ 174,304)

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