Over the past seven days, non-fungible token (NFT) sales have dipped once again, sliding 7.91% compared to the previous week. The number of NFT buyers has taken a notable hit, plummeting 73.46%, and sellers are following suit, down 61.18% from last week.

NFT Sales Total $74.86M in a Week Marked by Buyer Decline

In the past seven days, NFT sales totaled $74.86 million, marking a 7.91% dip from last week’s figures. Ethereum dominated the blockchain sales volume, pulling in $27.25 million. However, sales of ether-based NFTs slipped by 9.73%. Bitcoin claimed the second spot, collecting $14.89 million—an increase of 31.01% this week—while Solana followed with $12.47 million, experiencing a 12.31% decline compared to the previous week.

This week’s top performer was Cryptopunks, pulling in $5.39 million, a 9.45% boost from last week. Right behind, Bitcoin BRC20 NFTs claimed the second spot with $3.45 million—a whopping 475% increase. In third place was Immutable X’s Guild of Guardians (GoG), which brought in $3.28 million, rising 4%. Ether’s Sorare followed closely, earning $2 million with a 9.99% uptick, while BNB’s Luxemarathoner also raked in $2 million but dipped 22%.

The priciest NFT sale of the week was Cryptopunk #9368, which fetched $1.27 million five days ago. Solana’s Boogle #025 went for $143,070 just three days ago, and BNB’s Paraluni Perpetual Bond sold for $129,337 five days ago. The latest data paints a picture of a market that’s shifting, yet top collections continue to shine despite recent drops in sales and participation.

Source : Bitcoin News - Sep 14, 2024