November 6, 2023

NFT Sales Increased over 1st Week of November

Collections of NFTs

Collections of NFTs

The NFT sales over the past week witnessed an increase, as they went up by around 21% at the time of writing, according to Cryptoslam.

Over the past seven days, the NFT sales amounted to more than $108.242 million, over 62.568 million of which were from the Ethereum blockchain, around 11.40% up from the previous week. 

Out of the top 20 blockchains, Ethereum had the lion’s share of the NFT sales seven days ago, accounting for around 58% of the total sales. 

Again, Bitcoin became in second place in terms of NFT sales for the past week, accounting for over 11% of the total sales ($12.619 million), a 129% increase from the previous week. 

Most of the blockchains over the past week saw a growth in sales except BNB Chain and Mythos Chain. Blockchains of Solana, Mythos Chain, Immutable X, Polygon, Flow, and BNB Chain followed Bitcoin regarding the total sales over the past week, respectively. 

Most of the NFT collections witnessed an increase in their sales, topped by YOU THE REAL MVP (256.91%), $SATS BRC-20 NFTs (197.33%), and The Captainz (113.89%). 

Regarding the NFT price floor, BAYC is still in second place in terms of the highest floor value at 28.150 ETH, following CryptoPunks, whose floor was just 46.87 ETH, according to data from nftpricefloor.com.

Last week, The most expensive NFT was Bored Ape Yacht Club #6022, which sold for over $303,00. The following top expensive NFTs sold over the past seven days were sold from $56,000 and downwards. 

As for the NFT marketplaces, Blur leads the NFT marketplaces, followed by OpenSea. Blur’s sales over the past week reached $69.03 million, while the sales on OpenSea were $16.57 million (-18.72%). 

Tags :
Author profile

UPYO employs a team of expert technical writers to create engaging stories about technology and its evolution. Our team is a group of NFT enthusiasts with a knack for all things Web3. They write with the goal of educating our clients to understand the complex and often confusing concepts of cryptography and NFT. We want our readers to extract knowledge from our blog and help them make informed decisions in the NFT market.