Mutant Ape Yacht Club, CryptoPunks Among This Week’s Recording-breaking NFT SalesThe bear market is not stopping generative art and blue chip NFTs sales.
The NFT ecosystem has been waning in terms of monthly trade volumes since May’s crypto market downtown, and especially compared to all-time highs in January of this year.
However, this week in particular saw some significant trading activity, and Wednesday takes the cake for the highest daily volume of NFTs sales, measured in ether (ETH), in September and in the past 30 days.
Sept. 28 saw 12,565 ETH, or $16.6 million, transacted that day. While Sept. 20 recorded a lower volume amount in ETH — 12,549 ETH — the USD amount of $17 million was higher due to the fluctuating price of ether.
This week’s spike can likely be attributed to a $16.75 million generative art sale, a $1.3 million Mutant Ape Yacht Club (MAYC) lending deal and a $4.45 million CryptoPunks sale.
META & NFT WORLD
