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HomeNFTSNFT sales continue to slide amid record cryptocurrency trading volume, marking a...

NFT sales continue to slide amid record cryptocurrency trading volume, marking a fourth week of decline

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Over the past week, sales of irreplaceable tokens (nft) have once again declined on a year-over-year basis, falling 13.72%. This slump marks the fourth consecutive week of declining NFT sales, and stands in stark contrast to the record-breaking performance of the rest of the industry in March. During this period, the trading volume brilliance did not extend to digital collectibles.

NFT sales slumped 13.72% from the previous week

Trading volumes on both centralized and decentralized cryptocurrency exchanges peaked in March, but the market for purchasing irreplaceable tokens (nft) declined for a week. This trend continued for the seven-day period from March 29 to April 5, 2024, with sales dropping 13.72 percent as the six leading blockchains for NFT sales declined each week. Despite the 17.99% decline from the previous week, Bitcoin-centered NFT sales still accumulated $66.67 million.

Ether took second place with $63.98 million in sales, down 8.89 percent. Following Ether, Solana was down 12.70 percent, Mythos was down 4.36 percent, and Polygon was down 19.7 percent, completing the top five blockchain platforms in NFT sales. According to cryptoslam, unclassified Ordinals ranked first in the NFT series, amassing $2.11 million, while Bored Ape Yacht Club’s (BAYC) series came in second this week with $6.68 million. Input and output data.

Dmarket collectibles from Mythos generated $6.63 million in sales this week, with Bitcoin’s Nodemonkes slightly behind at $6.3 million. Mad Lads grossed $5.52 million, albeit down 27% from the previous week. The highest priced NFT sold last week was a digital collectible from BNB Lockdeal, which sold for $651,963. It was closely followed by bayc# 591 at $301,563. About five days ago, bitcoin mushroom# 173 was purchased for $216,657.

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