NFT Market Overview

So, here’s the scoop: the NFT market clocked up a rather yawning $61.5 million in sales last week. That’s like a teeny weeny bump of 1.52% from the prior week. But hold your horses! The plot thickens when you take a peek at the real action in the marketplace.

Buyers Are Back, Baby!

NFT buyers decided to throw a party, increasing by a whopping 120.90%, reaching a fab total of 134,743. Meanwhile, sellers weren’t having a FOMO (Fear of Missing Out) moment either, with their numbers jumping by 98.69% to 111,756. Talk about a good ol’ game of musical chairs!

The Crypto Whirlwind

In the background, Bitcoin has apparently decided to take a victory lap, bouncing back to the grand stage with a price tag of around $95,000. Meanwhile, Ethereum is flaunting its new $3,200 outfit – looking sharp, eh?

As for the overall crypto market cap? It’s strutting at a hefty $3.22 trillion, up from last week’s $3.09 trillion. That’s some serious ticket sales!

Ethereum Takes the Lead

Ethereum is leading the charge with a killer $29.05 million in NFT sales. That’s a delightful 13.51% bump just over the past week! And guess what? The Ethereum network saw a mind-blowing 420.94% spike in buyers, totaling 17,389. Just adding a sprinkle of wash trading worth $3.88 million to the mix!

Bitcoin’s Close Second

Coming in hot, Bitcoin isn’t lagging too far behind with $9.33 million in sales even if it did take a slight 12.69% tumble from its last week’s performance. The buyer count, however, jumped 202.69% to 5,185. Looks like everyone’s jumping on the Bitcoin bandwagon!

BNB Chain Rises Up

And in the third corner, BNB Chain clocked in at $7.73 million in sales, which is an exciting 10.24% increase! It evidently lured in 14,728 buyers, climbing by a staggering 422.27%. Talk about a sidekick!

Leading Collections That Make Waves

In the battle of collections, YES BOND on BNB Chain led the charge with $3.26 million in sales, boasting a 19.35% increase over the week. CryptoPunks still have their charm, sitting at second place with $2.73 million, despite taking a 23.81% hit. The blue-chip NFTs didn’t let that stop them, completing 28 transactions (talk about determination!).

Ape.bond Bonds also snagged a respectable third place, soaring 43.47% to $2.48 million. Meanwhile, Panini America settled for $2.26 million with a slight downturn of 9.05%. Guild of Guardians Heroes crept in with $2.16 million, while Good Vibes Club on Ethereum jumped to $2.09 million, riding high with a 349.52% surge!

Big Spenders Drop Cash

And let’s not forget the heavy hitters! The week saw major sales, with the $X@AI BRC-20 NFTs on Bitcoin stealing the spotlight. The most outrageous sale hit a whopping $1.10 million (that’s 12.0247 BTC for those counting). Another $X@AI piece wasn’t far behind at $898,131 (or 9.8453 BTC). Both of these jaw-dropping transactions went down three days ago!

In the end, CryptoPunks snagged three spots in the top five sales just to remind everyone who the real MVPs are in the NFT world.