DMarket Dominates Despite a Tiny Dip in NFT Sales

DMarket Dominates Despite a Tiny Dip in NFT Sales

Uh Oh! A Small Slip in NFT Sales

So, it seems we’ve hit a mini-speed bump in the NFT universe. Sales volume dipped just a smidgen, down by 0.47%, settling at a cool $65.58 million—down from last week’s lively $67.76 million. But hey, let’s not panic just yet!

Buyers and Sellers Partying Hard!

Here’s the silver lining: the number of NFT buyers did a little victory dance, jumping by 26% to a whopping 292,030! Sellers got in on the action too, increasing by 24% to around 205,205. Transactions? They took a minor hit, only slipping about 0.95% to 869,747.

DMarket Steals the Spotlight!

In the grand theater of collections, DMarket on the Mythos blockchain stood tall and proud, reclaiming the top throne with an impressive $5.32 million in sales! That’s a jaw-dropping 72% boost from last week’s $3.09 million. The hustle was real, with 142,989 transactions carried out by approximately 10,681 buyers and 9,007 sellers.

Courtyard and BRC-20 Making Moves

Coming in hot at second place is Courtyard on Polygon, raking in $4.99 million—a tidy 66.58% increase from last week’s $2.97 million! They had over 67,000 transactions and around 10,039 buyers with 2,192 sellers showing up for the party.

Then, the BRC-20 NFTs on Bitcoin crashed the top-three bash with $3.45 million—up a staggering 335.14%! They saw over 2,000 transactions, with no shortage of buyers (822) and sellers (602). Looks like Bitcoin is totally vibing in the NFT space!

CryptoPunks and Milady Maker: A Tale of Two Outcomes

Meanwhile, the legendary CryptoPunks are still shining, snatching the fourth spot with $2.51 million, up 68.62% from last week’s $1.77 million. They weren’t very active though—clocking in only 30 transactions.

In a twist of fate, Milady Maker took a nosedive to fifth place, down by 42%, slipping from $3.68 million to a mere $2.26 million. Ouch! They only managed 130 transactions with an almost non-existent two buyers and one seller. Yikes!

YES BOND Holds Steady

Don’t count out YES BOND on BNB; they held their own in sixth place with a modest growth of 0.25%, hitting $2.15 million. Up from $2.12 million last week, the collection registered around 1,643 transactions. Not too shabby!

Ethereum Reigns Suprem**e

On the larger scale, Ethereum maintained its crown, generating a total of $20.88 million in sales, albeit down 23.92% from last week’s $28.06 million. A significant $3.55 million of that was attributed to wash trading, escalating the total figure to $24.43 million. The number of buyers spiked by 37.19%, totaling 19,798. Yay for Ethereum!

Bitcoin’s Bright Spark

Bitcoin didn’t miss out on the fun either, jumping to second place with $12.12 million—a fantastic rise of 70.52% from last week’s $7.38 million. The blockchain also saw a sprinkle of $45,552 in wash trading, while buyers rose by a cheerful 44.08%.

BNB and Polygon Take Turns

But wait, BNB Chain slipped to third place with $7.77 million, down by 18.84% from $9.62 million. It’s still not the end of the world, as buyers happily increased by 41.76%.

Polygon danced its way to fourth with $6.06 million, climbing 44.33% from last week’s $4.12 million, thanks to wash trading that pushed the total to $16.65 million and a 31.63% rise in buyers to 56,606.

Mythos Chain Reaches New Heights

Rounding out the leaderboard, Mythos Chain soared to fifth place at $5.46 million, marking a solid 71% increase from the previous week’s $3.22 million. With 27,248 buyers now on board, it’s clear they’re catching on!

Immutable and Solana: A Competitive Duo

In the sixth and seventh spots, we have Immutable with $3.20 million—a slight drop from last week’s $3.19 million, but still showing a rise in buyers by 38.96% to 5,079. Solana, meanwhile, reported $2.93 million, dipping down 23% from last week’s $3.96 million. But good news: its buyers went up by 29.43%.

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