Solana

DMarket

Bitcoin

Gods Unchained

<p>The non-fungible token market has recorded another week of negative gain, with non-fungible tokens hosted on Bitcoin and Solana leading on the flip side. The NFT market crash has happened for a variety of reasons, including increased wash trading and the broader market shift to other digital assets like memecoins.</p>
<h2 id="nft-sales-fell-by-18-last-week">NFT Sales Fell By 18% Last Week</h2>
<p>Data compiled by <a href="https://www.cryptoslam.io/" rel="noopener noreferrer nofollow">CryptoSlam.io</a>, an on-chain multi-chain non-fungible token explorer, shows that the global non-fungible token market has recorded another negative gain this past week. In the past seven days, the global NFT market has recorded a trading sales volume of $195 million, representing an 18% decline from the previous week.</p>
<p><img decoding="async" class="alignnone  wp-image-513942" src="https://insidebitcoins.com/wp-content/uploads/2024/04/NFT-sales-past-week-300x85.png" alt="NFT sales past week" width="844" height="239" srcset="https://insidebitcoins.com/wp-content/uploads/2024/04/NFT-sales-past-week-300x85.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/04/NFT-sales-past-week-1024x291.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/04/NFT-sales-past-week-768x218.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/04/NFT-sales-past-week.png 1139w" sizes="(max-width: 844px) 100vw, 844px"></p>
<p>Nonetheless, the number of traders and collectors buying the NFT dip has increased this past week. In the past seven days, the global NFT market has seen nearly 1 million collectors buying NFTs, representing 37% increase from the previous week. During this period, the number of collectors who sold their NFTs also increased by 30%.</p>
<p>Ethereum, the blockchain network renowned for powering the majority of non-fungible tokens, was the top-traded blockchain network in the NFT ecosystem this past week. In the past seven days, Ethereum-based NFT collections have amassed a sales volume of $69 million, representing a 39% spike from the previous week.</p>
<p><img decoding="async" class="alignnone  wp-image-513946" src="https://insidebitcoins.com/wp-content/uploads/2024/04/blockchain-NFT-sales-1-300x125.png" alt="blockchain NFT sa" width="839" height="350" srcset="https://insidebitcoins.com/wp-content/uploads/2024/04/blockchain-NFT-sales-1-300x125.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/04/blockchain-NFT-sales-1.png 655w" sizes="(max-width: 839px) 100vw, 839px"></p>
<p>Bitcoin, the blockchain network powering the flagship crypto Bitcoin, was the second most-traded blockchain network in the NFT ecosystem this past week. In the past seven days, the Bitcoin-based NFT collection has recorded a sales volume of $58 million. The Bitcoin-based NFT sales have dropped 50% from the previous week.</p>
<p>Solana, a public, open-source blockchain that supports smart contracts, including non-fungible tokens and a variety of decentralized applications, was the third most-traded blockchain network in the NFT ecosystem last week. In the past seven days, the Solana-based NFT collections have amassed a trading sale volume of $32 million, a decrease of 2.89% from the previous week.</p>
<p>Polygon, an Ethereum scaling blockchain network, was the past week’s fourth traded blockchain network in the NFT ecosystem. In the past seven days, Polygon-based NFT collections have raised a trading sales volume of $17 million. Polygon NFT sales volume rose 14.96% from the previous week.</p>
<h2 id="top-selling-nft-collections-this-past-week">Top Selling NFT Collections This Past Week</h2>
<p><img decoding="async" class="alignnone  wp-image-513948" src="https://insidebitcoins.com/wp-content/uploads/2024/04/top-selling-NFTs-1-5-300x133.png" alt="top-selling NFTs 1" width="841" height="373" srcset="https://insidebitcoins.com/wp-content/uploads/2024/04/top-selling-NFTs-1-5-300x133.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/04/top-selling-NFTs-1-5.png 700w" sizes="(max-width: 841px) 100vw, 841px"></p>
<p>Source: top selling NFTs in the past 7 days</p>
<h3 id="1-bitcoin-ordinals-nft-collections">1. Bitcoin Ordinals NFT Collections</h3>
<p>Bitcoin ordinals, a non-fungible token collection created on the Bitcoin blockchain network using the ordinal protocol, was the past week’s most-selling NFT collection. In the past seven days, the Bitcoin Ordinals, which features various ordinal collections, including runestones, has recorded a trading sales volume of $32 million, down 20% from the previous week.</p>
<h3 id="2-cryptopunk-nft-collection">2. CryptoPunk NFT Collection</h3>
<p>CryptoPunk, a non-fungible token collection previously from the digital asset firm Larva Labs featuring a limited set of 10,000 NFT collections hosted on the Ethereum blockchain network, was the past week’s second most-selling NFT collection. In the past seven days, the Cryptopunk NFT collection has recorded a trading sales volume of $14 million. The Cryptopunk NFT sales have surged 326% from the previous week.</p>
<h3 id="3-bored-ape-yacht-club-nft-collection">3. Bored Ape Yacht Club NFT Collection</h3>
<p>Bored Ape Yacht Club, an NFT collection from the digital asset firm Yuga Labs that features a fixed supply of 10,000 NFTs hosted on the Ethereum blockchain network, was past week’s third most-selling NFT collection. In the past seven days, the Bored Ape Yacht Club NFT collection has raised a trading sales volume of $7.9 million. The Bored Ape NFT sales volume has surged 79.80% from the previous week.</p>
<h3 id="4-dmarket-nft-collection">4. DMarket NFT Collection</h3>
<p>DMarket, a non-fungible token collection hosted on the Mythos Chain blockchain network, was last week’s fourth most-selling NFT collection. In the past seven days, the DMarket NFT series has recorded a trading sales volume of $5.9 million. The DMarket NFT sales volume has fallen 6.46% from the previous week.</p>
<h3 id="5-nodemonkes-nft-collection">5. NodeMonkes NFT Collection</h3>
<p>NodeMonkes, a non-fungible token collection featuring a limited edition of 10,000 NFTs created on the Bitcoin blockchain network, was past week’s fifth most-selling NFT collection. In the past seven days, NodeMonkes NFT collection has raised a trading sales volume of $4.8 million. The NodeMonkes NFT sales have fallen 21% from the previous week.</p>
<p><img decoding="async" class="alignnone  wp-image-513952" src="https://insidebitcoins.com/wp-content/uploads/2024/04/top-selling-NFTs-2-6-300x110.png" alt="top-selling NFTs 2" width="843" height="309" srcset="https://insidebitcoins.com/wp-content/uploads/2024/04/top-selling-NFTs-2-6-300x110.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/04/top-selling-NFTs-2-6.png 701w" sizes="(max-width: 843px) 100vw, 843px"></p>
<p>Source: cryptoslam.io, top selling NFTs in the past 7 days</p>
<h3 id="6-wzrd-brc-20-nft-collection">6. $WZRD BRC-20 NFT Collection</h3>
<p>The $WZRD, a non-fungible token collection created on the Bitcoin blockchain network using the BRC-20 protocol, was past week’s sixth most-selling NFT collection. In the past seven days, the $WZRD NFT collection has recorded a trading sales volume of $4.7 million. The $WZRD NFT sales volume has fallen 76% from the previous week.</p>
<h3 id="7-mutant-ape-yacht-club-nft-collection">7. Mutant Ape Yacht Club NFT Collection</h3>
<p>Mutant Ape Yacht Club, another non-fungible token collection from the digital asset firm Yuga Labs featuring a limited edition of 20,000 NFT collections, was past week’s seventh most-selling NFT collection. In the past seven days, the Mutant Ape Yacht Club has attracted a trading sales volume of $4.3 million. The Mutant Ape Yacht Club NFT sales surged 15% last week from the previous week.</p>
<h3 id="8-mad-lads-nft-collection">8. Mad Lads NFT Collection</h3>
<p>Mad Lads, an NFT collection from the Solana framework development project Coral featuring a limited set of 10,000 NFTs hosted on the Solana blockchain network, was past week’s eighth most-selling NFT collection. In the past seven days, the Mad Lads NFT collection has amassed a trading sales volume of $3.9 million. The Mad Lads NFT sales have fallen 6.7% this past week from the previous week.</p>
<h3 id="9-dokyo-nft-collection">9. Dokyo NFT Collection</h3>
<p>Dokyo, an NFT collection on Avalanche blockchain with a limited supply of 5,555 NFTs, was past week’s ninth most-selling NFT collection. In the past seven days, the Dokyo NFT collection has recorded a trading sales volume of $3.5 million. Dokyo NFT sales have fallen 43% this week compared to the previous week.</p>
<h3 id="10-gods-unchained-nft-collection">10. Gods Unchained NFT Collection</h3>
<p>Gods Unchained, an NFT collection from the digital trading card game Gods Unchained hosted on the Immutable X blockchain network, was past week’s tenth most-selling NFT collection. In the past seven days, the Gods Unchained NFT collection has recorded a trading sales volume of $3.1 million, closing our ten top-selling NFT collections this past week.</p>
<h2 id="top-nft-sales-volume-last-week">Top NFT Sales Volume Last Week</h2>
<p>The Crypto Punks #635 was the most expensive NFT collection sold last week, selling for over $12 million four days ago. The $PUPS BRC-20 NFT collection was the second most-traded NFT collection sold last week, selling for $259,192 five years ago. The LockDeal NFT #57419 was the third most expensive NFT collection sold last week, selling for $176,056 five days ago.</p>
<p><img decoding="async" class="alignnone  wp-image-513955" src="https://insidebitcoins.com/wp-content/uploads/2024/04/mst-exp-NFTs-1-300x83.png" alt="most expensive NFT sold last week" width="842" height="233" srcset="https://insidebitcoins.com/wp-content/uploads/2024/04/mst-exp-NFTs-1-300x83.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/04/mst-exp-NFTs-1-768x213.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/04/mst-exp-NFTs-1.png 966w" sizes="(max-width: 842px) 100vw, 842px"></p>
<p>Source: cryptoslam.io, most expensive NFTs sold in the past seven days</p>
<h2 id="nft-market-prediction-this-week">NFT Market Prediction This Week</h2>
<p>Earlier last month, many crypto traders and collectors neglected the non-fungible token market and made a drastic shift to the memecoins and crypto market, which was overly hyped following the highly anticipated Bitcoin halving event.&nbsp; Since the crypto market operates in seasons, the global NFT market will likely boom again this year in sales once the current memecoins season fades out.</p>
<h4>Related NFT News:</h4>
<ul>
 <li><a href="https://insidebitcoins.com/news/the-azuki-nft-creator-chiru-labs-is-looking-for-people-with-nft-knowledge" rel="noopener noreferrer nofollow">The Azuki NFT Creator Chiru Labs Is Looking For People With NFT Knowledge</a></li>
 <li><a href="https://insidebitcoins.com/news/nft-sales-volume-pumps-70-today-after-another-cryptopunk-sold-for-over-12m" rel="noopener noreferrer nofollow">NFT Sales Volume Pumps 70% Today, After Another CryptoPunk Sold For Over $12M</a></li>
 <li><a href="https://insidebitcoins.com/news/magic-eden-sets-to-launch-its-base-nft-marketplace-today-heres-more-details" rel="noopener noreferrer nofollow">Magic Eden Sets To Launch Its Base NFT Marketplace Today – Here’s More Details</a></li>
</ul>

NFT Sales Fell 18% Last Week – Here’s What You Should Expect In The NFT Market This Week

Table of Contents

Inside Bitcoins

Other articles published on Apr 29, 2024

Bitcoin Solo Miner Wins 3.125 BTC Lottery with Valid Block

Solana Price Prediction: SOL Slumps 6% As Traders Turn To This Solana Meme Coin After A $1 Millio...

Bitcoin Price Dropped to $62,000 While All Eyes Turned to the FED Interest Rate Decision! Analyst...

Lambro 2.0 gears up to redefine cryptocurrency on the AgaSwap DEX

Premarket Movers: Tesla, Paramount Global, and Southwest Airlines

OpenAI’s New Partnership with The Financial Times and Possibly Worldcoin

Join our free newsletter for daily crypto updates!