NFT sales plummet 28.9% to $107m, Pudgy Penguins sales drop 80%

The NFT market fell alongside a larger crypto sale, Bitcoin going to $ 85,000 and Ethereum falling to $ 2,200.

According to Cryptoslam Data, NFT markets have seen the total volume of sales fall to $ 107.1 million, marking a drop of 28.93% compared the previous week. Despite the decline in sales value, traffic participation continued to grow.

Weekly measures tell a mixed story:

• NFT sales volume fell to $ 107.1 million, compared to $ 152.9 million
• NFT buyers increased by 36.02% to 456,874
• NFT sellers increased by 32.81% to 314,871
• NFT transactions remained stable with an increase of 0.86% to 1,566,183

Ethereum dirty plunge

Ethereum (Ethn) Sales dropped from 67.86% to $ 25.3 million, although the number of buyers increased by 20.27% to 50,056. The washing trading dropped from 92.83% to 2.7 million dollars.

Bitcoin (BTC) moved against the trend with sales up 16.73% to $ 24.3 million and the number of buyers increasing by 30.71% to 30,203.

The mythos chain fell 4.79% to $ 14.7 million but held third place. Polygon (Police) jumped fourth with $ 14.2 million, up 45.35%, while Solana (GROUND) took the fifth with $ 12.1 million, up 12.41%.

Top collections see lower sales

Courtyard claimed first place with $ 12.1 million in sales, up 39.55%. The polygon -based project experienced 139,249 transactions, although the number of buyers dropped by 24.05%.

Ordinal Maxi Biz (OMB) reached second place with $ 12.0 million, having an increase of 450.88% with buyers’ growth of more than 2,000%.

Dmarket fell in the third with $ 9.5 million, down 6.30%. A newcomer, F (X) Wsteth, took fourth with $ 6.1 million, up 173.91%, while the heroes of Guard of Guardians completed the first five with $ 3.1 million, up 7.38%.

Pudgy Penguins, previously a market leader, plunged into tenth place with sales of 1.6 million dollars, falling 80.69% with a drop in a sharp drop in all measures.

This week’s notable sales included:

• Book.io – Dr Jekyll and M. Hyde: $ 390,410 (600,000 ADA)
• Book.io – Dr Jekyll and M. Hyde (second edition): $ 386,179 (600,000 ADA)
• Cryptopunks # 1062: $ 177,517 (80 ETH)
• Cryptopunks # 2948: $ 139,250 (52.5 ETH)
• Ordinal Maxi Biz (OMB): $ 110,374 (1.1442 BTC)

The global market capitalization of cryptography fell to 2.84 billions of dollars compared to 3.18 dollars of last week. Ethereum is down more than 20% in the last seven days. See below.