The non-fungible token market has finally returned to its initial positive trend after experiencing a downward spiral for more than two months. The global NFT market began to plummet in early March after the initial market hype that fueled the revival faded. The NFT market is up 1.75% this week.
NFT sales are up 1.75% over the past 7 days
Data collected by cryptoslam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, shows that the non-fungible token market has finally broken through its resistance level and showed some positive growth this week. Over the past seven days, the NFT market has amassed a trading sales volume of $128 million, which represents an increase of 1.75% from the past week. During this time, crypto investors purchasing NFTs increased 27% to 1.15 million.
Ethereum is the most traded blockchain network in the NFT ecosystem this week. Over the past seven days, Ethereum-based non-fungible token collections have recorded a trading sales volume of $37 million, which represents an increase of 7.03% from the past week.
Bitcoin is the second most traded blockchain network in the NFT market this week. Over the past seven days, the Bitcoin-based non-fungible token collection has amassed a trading sales volume of $31 million. Nevertheless, Bitcoin NFT sales volume is down 9.12% over the past week.
Solana and Polygon are the third and fourth most traded NFT blockchain networks this week. Over the past seven days, the Solana-based NFT collections have recorded a trade sales volume of $19 million, while the Polygon-based NFT collections have amassed a sales volume of $16 million. Solana and Polygon NFT sales increased 3.83% and 6.68% respectively.
Five best-selling NFTs this week
1. Guild Of Guardians NFT Collection
Guild of Guardians, a non-fungible token collection of Guild of Guardians, a mobile NFT RPG, was this week’s top-selling NFT collection. Over the past seven days, the Guild of Guardians NFT collection has attracted $6.9 million in trade sales volume. Guild of Guardians NFT sales are up 22% in the past week.
2. Moon Girl NFT Collection
Moon Girl, a non-fungible token collection created on Polygon, an Ethereum scaling solution network with a limited edition of 10,000 NFT collections, is this week’s second best-selling NFT collection. In the last seven days, Moon Girl has recorded a trade sales volume of $4.9 million. Moon Girl NFT sales are up over 1000% this week.
3. Bored Ape Yacht Club NFT Collection
Bored Ape Yacht Club, an all-time best-selling NFT collection from digital asset firm Yuga Labs with a limited edition of 10,000 NFTs hosted on the Ethereum blockchain network, is this week’s third best-selling NFT collection. In the last seven days, Bored Ape Yacht Club has amassed a trading volume of $4.9 million. Bored Ape NFT sales volume is up 85% this week compared to last week.
4. DMarket NFT collection
DMarket, a non-fungible token collection from the virtual asset market platform DMarket hosted on Mythos Chain, is the fourth best-selling NFT collection this week. Over the past seven days, the DMarket NFT collection has recorded a trade sales volume of $4.8 million. DMarket NFT sales are down 9.4% over the past week.
5. Bitcoin Puppets NFT Collection
Bitcoin Puppets, a non-fungible token collection created on the Bitcoin blockchain network using the Ordinal protocol, is the fifth most sold NFT collection this week. Over the past seven days, Bitcoin Puppet has amassed $4.1 million in trade sales volume, closing out our five best-selling NFT collections this week.
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