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<p>The non-fungible token market has faced a brutal meltdown in recent weeks, with the majority of floor prices dropping below 20 ether, a 90% decline from their all-time high in 2022. The NFT market downtrending despite its fellow crypto market being on the rally, going contrary to its initial bull run. However,&nbsp; the number of investors buying NFTs has risen 25% this week from the past week.</p>
<h2 id="the-state-of-nfts-in-the-past-7-days">The State Of NFTs In The Past 7 Days</h2>
<p>Data fetched by <a href="https://www.cryptoslam.io/" rel="noopener noreferrer nofollow">CryptoSlam.io</a>, an on-chain market data aggregator, indicates that the global non-fungible token trading sales volume has plunged again for the fourth consecutive week. In the past seven days, the NFT market has amassed a sales volume of $231 million, representing a 17% drop from the previous week.</p>
<p><img decoding="async" class="alignnone  wp-image-497859" src="https://insidebitcoins.com/wp-content/uploads/2024/03/NFT-sales-in-the-past-7-days-300x88.png" alt="NFT sales in the past 7 days" width="839" height="246" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/NFT-sales-in-the-past-7-days-300x88.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/NFT-sales-in-the-past-7-days-1024x302.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/03/NFT-sales-in-the-past-7-days-768x226.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/03/NFT-sales-in-the-past-7-days.png 1154w" sizes="(max-width: 839px) 100vw, 839px"></p>
<p>Source: Cryptoslam.io, NFT sales in the past 7 days</p>
<p>During this period, the number of investors buying and selling non-fungible token collections has increased this week. In the past seven days, NFT buyers have increased 25% to 690,198, while NFT sellers have surged 21.78% to 456,023. These trading activities have pushed the number of NFT transactions up 12.65% to 1.8 million.</p>
<p>Bitcoin, the same blockchain network powering the flagship crypto Bitcoin, has been the top-traded blockchain network in the non-fungible token market. In the past seven days, the Bitcoin-based NFT collection has amassed a trading sale volume of $81 million. Bitcoin NFT sales have plunged 7.73% from the past week.</p>
<p><img decoding="async" class="alignnone  wp-image-497862" src="https://insidebitcoins.com/wp-content/uploads/2024/03/NFT-sales-by-blockchain-network-300x126.png" alt="NFT sales by blockchain network" width="843" height="354" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/NFT-sales-by-blockchain-network-300x126.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/NFT-sales-by-blockchain-network.png 619w" sizes="(max-width: 843px) 100vw, 843px"></p>
<p>Source: CryptoSlam.io, NFT sales by blockchain networks</p>
<p>Ethereum, the blockchain network hosting most of the blue-chip non-fungible token collections, is this week’s second most-traded blockchain network in the NFT ecosystem. In the past seven days, the Ethereum-based NFT collection has recorded a sales volume of $72 million. The Ethereum NFT sale volume has dropped 28% from the past week.</p>
<p>Solana, a decentralized blockchain network and Polygon, an Ethereum scaling solution, are the third and fourth most-traded blockchain networks in the NFT ecosystem. In the past seven days, Solana-based NFT collections have recorded a trading sales volume of $46 million. The Solana NFT sales have dropped 14%. During this time, Polygon NFTs have amassed a sales volume of $7.4 million.</p>
<h2 id="10-top-selling-nft-collections-this-week">10 Top Selling NFT Collections This Week</h2>
<p><img decoding="async" class="alignnone  wp-image-497865" src="https://insidebitcoins.com/wp-content/uploads/2024/03/top-selling-nfts-1-8-300x131.png" alt="top selling nfts 1" width="840" height="367" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/top-selling-nfts-1-8-300x131.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/top-selling-nfts-1-8.png 662w" sizes="(max-width: 840px) 100vw, 840px"></p>
<p>Source: CryptoSlam.io, top selling NFTs in the past 7 days</p>
<h3 id="1-bitcoin-ordinals-collection">1. Bitcoin Ordinals Collection</h3>
<p>Bitcoin Ordinal, a non-fungible token collection created on the Bitcoin blockchain network using Satoshi Nakamoto’s Ordinal protocol, is this week’s most-selling NFT collection. In the past seven days, the Bitcoin Ordinal collection has amassed a sales volume of $20 million.</p>
<h3 id="2-brc-20-nft-collection">2. $?? BRC-20 NFT Collection</h3>
<p>The Question??, a non-fungible token collection created on the Bitcoin blockchain network using a BRC-20 token standard protocol, is this week’s second most-selling NFT collection. In the past seven days, the?? BRC-20 NFT collection has recorded a trading sales volume of $12 million. Its trading sale volume has surged 788% from the past week.</p>
<h3 id="3-mad-lads-nft-collection">3. Mad Lads NFT Collection</h3>
<p>Mad Lads, a non-fungible token collection from the Solana development project Coral featuring a limited edition of 10,000 hosted on the Solana blockchain network, is this week’s third most-selling NFT collection. In the past seven days, the Mad Lads NFT collection has recorded a sales volume of $7.7 million. Mad Lads NFT sales volume has declined 22% from the past week.</p>
<h3 id="4-jigo-brc-20-nft-collection">4. $ JIGO BRC-20 NFT Collection</h3>
<p>The $JIGO, a non-fungible token collection created on the Bitcoin blockchain network using a BRC-20 token standard protocol, is this week’s fourth most-selling NFT collection. In the past seven days, the $JIGO BRC-20 NFT collection has recorded a sales volume of $7.5 million. The trading sale volume for $JIGO NFTs has surged 295% from the past week.</p>
<h3 id="5-dmarket-nft-collection">5. DMarket NFT Collection</h3>
<p>DMarket, a non-fungible token collection from the DMarket, a digital market platform enabling millions of gamers and esports fans to trade virtual in-game items using a comprehensive set of advanced game tech and fintech features, is this week’s fifth most-selling NFT collection. In the past seven days, the NFT collection has recorded a trading sales volume of $6.9 million.</p>
<p><img decoding="async" class="alignnone  wp-image-497868" src="https://insidebitcoins.com/wp-content/uploads/2024/03/top-selling-nfts-2-8-300x120.png" alt="top selling nfts 2" width="835" height="334" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/top-selling-nfts-2-8-300x120.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/top-selling-nfts-2-8.png 655w" sizes="(max-width: 835px) 100vw, 835px"></p>
<p>Source: CryptoSlam.io, top selling NFTs in the past 7 days</p>
<h3 id="6-bored-ape-yacht-club-nft-collection">6. Bored Ape Yacht Club NFT Collection</h3>
<p>Bored Ape Yacht Club, an all-time top-selling NFT collection from the digital asset firm Yuga Labs featuring a limited supply of 10,000 apes hosted on the Ethereum blockchain network, is this week’s sixth most-selling NFT collection. In the past seven days, the Bored Ape Yacht Club NFT collection has attracted a trading sales volume of $6.8 million.</p>
<h3 id="7-nodemonkes-nft-collection">7. NodeMonkes NFT Collection</h3>
<p>NodeMonkes, an NFT collection featuring a limited supply of 10,000 pixilated NFTs hosted on the Bitcoin blockchain network, is this week’s seventh most-selling NFT collection. In the past seven days, the NodeMonkes NFT collection has raised a trading sales volume of $6.2 million.</p>
<h3 id="8-froganas-nft-collection">8. Froganas NFT Collection</h3>
<p>Froganas, a non-fungible token collection featuring a limited set of 5,555 unique, frog-themed digital collectibles built on the Solana blockchain network, is this week’s eighth most-selling NFT collection. In the past seven days, the Froganas NFT collection has amassed a trading sales volume of $4.9 million.</p>
<h3 id="9-gods-unchained-nft-collection">9. Gods Unchained NFT Collection</h3>
<p>Gods Unchained, a non-fungible token collection hosted on the Immutable X blockchain network, enabling holders to play in the digital trading card game Gods Unchained, is this week’s ninth most-selling NFT collection. In the past seven days, the Gods Unchained NFT collection has attracted a trading sales volume of $4 million.</p>
<h3 id="10-pandora-nft-collection">10. Pandora NFT Collection</h3>
<p>The Pandora, an NFT collection of 10,000 Replicants bound to the first tokens built on ERC404, an experimental token standard enabling persistent liquidity and semi-fungibility for Ethereum NFTs, is this week’s tenth most-selling NFT collection. In the past seven days, the Pandora NFT collection has recorded a trading sales volume of $3.8 million, closing our ten top-selling NFTs.</p>
<h2 id="top-nft-sales-this-week">Top NFT Sales This Week</h2>
<p><img decoding="async" class="alignnone  wp-image-497871" src="https://insidebitcoins.com/wp-content/uploads/2024/03/top-nft-sales-in-the-past-7-days-300x82.png" alt="top nft sales in the past 7 days" width="842" height="230" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/top-nft-sales-in-the-past-7-days-300x82.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/top-nft-sales-in-the-past-7-days-768x209.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/03/top-nft-sales-in-the-past-7-days.png 966w" sizes="(max-width: 842px) 100vw, 842px"></p>
<p>Source: CryptoSlam.io, top nft sales in the past 7 days</p>
<p>Arcade.xyz is this week’s most expensive non-fungible token sold, selling for $346,089 just four days ago. A Bitcoin Ordinal collection is this week’s second most-costly NFT collection sold, selling for $276,665 seven days ago. The TurboVerse #3174 is this week’s third-most-expensive NFT sold, selling for $245,587.</p>
<h4>Related NFT News:</h4>
<ul>
 <li><a href="https://insidebitcoins.com/news/nfts-are-down-bad-but-still-worth-investing-heres-the-10-top-selling-nfts-this-week" rel="noopener noreferrer nofollow">NFTs Are Down Bad, But Still Worth Investing – Here’s The 10 Top Selling NFTs This Week</a></li>
 <li><a href="https://insidebitcoins.com/news/bitbrawl-partners-with-animoca-brands-to-boost-its-nft-gaming-experience" rel="noopener noreferrer nofollow">BitBrawl Partners With Animoca Brands To Boost Its NFT Gaming Experience</a></li>
 <li><a href="https://insidebitcoins.com/news/stay-safe-heres-a-new-phishing-scam-targeting-nft-influencers-and-founders" rel="noopener noreferrer nofollow">Stay Safe! – Here’s A New Phishing Scam Targeting NFT Influencers And Founders</a></li>
</ul>
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Investors Buying NFTs Increase 25% This Last Week Of March – Analysis

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