The markets are still playing tricks, and most participants are starting to feel exhausted. Different platforms like LooksRare are incentivizing users more aggressively so they participate in their economy. But it seems that some of those incentives only work for some time.
Let’s quickly look at the data.
Big Sales of the Week
Top sales in the last 7 days by NonFungible.com
NFT Markets
OpenSea made $898M in sales with 208k buyers, almost a 93% increase in sales volume last week.
LooksRare made $663M in sales with 6,591 buyers, almost a 51% increase in sales volume last week.
Magic Eden made $4.82M in sales with 16k buyers, almost a 12% decrease in sales volume last week.
Solanart made $2.2M in sales with 3,600 buyers, almost a 64% increase in sales volume last week.
AtomicMarket made $2.22M in sales with 36k buyers, almost a 34% decrease in sales volume last week.
Rarible made $1.17M in sales with 819 buyers, a 37% decrease in sales volume last week.
Metaverse
Every week we see the interest in metaverse worlds growing; people just throw the word metaverse around without realizing that different “metaverse platforms” are being developed. So here we cover the top ones.
The Sandbox made $2.7M in sales with 399 buyers.
Decentraland made $1.5M in sales with 163 buyers.
Somnium Space made $60k in sales with 14 buyers.
CryptoVoxels made $91k in sales with 20 buyers.
What Collectible Market Data is Telling Us
Top 4 collectibles by sales in the NFT space.
Moonbirds made $394M in sales with a total of 11,300 buyers who transacted 14,994 times.
Mutant Ape Yacht Club made $71M in sales with a total of 610 buyers who transacted 817 times- a 192% increase in sales volume from last week.
MurakamiFlowers made $61M in sales with a total of 2,433 buyers who transacted 3,500 times.
Bored Ape Yacht Club made $47M in sales with a total of 122 buyers who transacted 175 times- a 87% increase in sales volume from last week.
Crypto Games
There are more games that promise great gameplay and a big community every week. Currently, Axie Infinity is number one in the P2E world by daily active users. Below are the top 3 games in volume in the last 7 days.
Axie Infinity made $136M in volume.
DeFi Kingdoms made $60M in volume.
Mobox made $32M in volume.
What CryptoArt is Telling Us
Let’s quickly break it down for perspective:
January sold $61M
February sold $45M
March sold $57M
April has sold so far $49M
Summary
It’s getting more “savage” out there. So you have to be super careful with what NFT or crypto you buy. Just remember to do your research before putting any of your hard-earned money into anything. In the meantime, contribute to the community, build and create content, and help educate newcomers to the space. Have a great weekend!
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*All investment/financial opinions expressed by NFT Plazas are from our site moderators’ research and experience and are intended as educational material only. Individuals are required to research any product before making any investment thoroughly.
Entrepreneur. Software Engineer. NFTs enthusiast. #NFT
