NFT Sales Slide Continues: Crypto enthusiasts, brace yourselves for another week of declining
NFT sales. Despite the crypto market's record-breaking trading volumes, the NFT space is experiencing a
fourth consecutive week of decline.
Bitcoin and Ethereum Take a Hit: Even the mighty Bitcoin couldn't escape the downward trend, with
$66.67 million in NFT sales but a
17.99% drop from the previous week. Ethereum followed suit with
$63.98 million, down by 8.89%.
Uncategorized Ordinals and Bored Ape Yacht Club Shine: Amidst the gloom, some collections managed to stand out. The enigmatic
Uncategorized Ordinals led the pack with a whopping
$21.11 million in sales, while the beloved
Bored Ape Yacht Club claimed second place at
$6.68 million.
Noteworthy Sales: Last week's highest-priced NFT was a jaw-dropping
BNB Lockdeal, fetching an impressive
$651,963. Meanwhile, BAYC #591 found a new owner for a cool
$301,563, and Bitcoin Shroom #173 sprouted up at
$216,657.
The NFT market may be facing headwinds, but as history has shown us, this digital art revolution is full of surprises. Keep an eye on those collections and who knows what treasures await in the next auction!
