Ethereum

Guild of Guardians

DMarket

Bitcoin

Gods Unchained

<p>The non-fungible token market has suffered another rough month, marked by a plunge in sales volume and floor price values. The global non-fungible token market sales volume has dropped more than 50% this ending month, the lowest trading sales volume since October 2023. In this article, we shall assess the full state of the non-fungible token market in May 2024.</p> 
<h2 id="nft-sales-fall-by-54-this-month">NFT Sales Fall By 54% This Month</h2> 
<p>Data compiled by <a href="https://www.cryptoslam.io/">cryptoslam.io</a>, an on-chain crypto assets market aggregator and a multi-chain non-fungible token explorer, shows that the global non-fungible token market has tanked again this month. In the past 30 days, the global NFT market has raised a trading sales volume of $625 million, representing a 54.71% drop from the past month.</p> 
<p><img decoding="async" class="alignnone wp-image-528364" src="https://insidebitcoins.com/wp-content/uploads/2024/05/NFT-sales-vol-300x87.png" alt="NFT sales vol" width="838" height="243" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/NFT-sales-vol-300x87.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/NFT-sales-vol-1024x296.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/05/NFT-sales-vol-768x222.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/05/NFT-sales-vol.png 1055w" sizes="(max-width: 838px) 100vw, 838px"></p> 
<p>Bitcoin, the blockchain network renowned in the NFT market for powering Ordinals and BRC-20 non-fungible token collections, is this month’s most-traded blockchain network in the NFT ecosystem. In the past 30 days, the Bitcoin-based NFT collections have recorded a sales volume of $181 million. Bitcoin NFT sales volume has dropped 68% this month from the past month.</p> 
<p><img decoding="async" class="alignnone wp-image-528365" src="https://insidebitcoins.com/wp-content/uploads/2024/05/NFT-sales-by-chain-in-past-30-days-300x182.png" alt="NFT sales by chain in past 30 days" width="843" height="512" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/NFT-sales-by-chain-in-past-30-days-300x182.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/NFT-sales-by-chain-in-past-30-days.png 620w" sizes="(max-width: 843px) 100vw, 843px"></p> 
<p>Source: cryptoslam.io, NFT Sales by blockchain in the past 30 days</p> 
<p>Ethereum, the blockchain network powering Ether and renowned in the NFT market for hosting most blue-chip non-fungible token collections, has been this month’s second top-traded NFT blockchain network. In the past 30 days, the Ethereum-based NFT collections have recorded a trading sales volume of $165 million. Ethereum NFT sales have plunged 55% from the past month.</p> 
<p>Solana, a public, open-source blockchain that supports smart contracts, including non-fungible tokens and various decentralized applications, has been this month’s third most-traded NFT blockchain network. In the past 30 days, the Solana-based NFT collections have recorded a trading sales volume of $93 million. Solana NFT sales have dropped 48% from the past month.</p> 
<p>Blast, an Ethereum Layer Two blockchain network from the Blur NFT market platform team, and Polygon, an Ethereum scaling solution, were May’s fourth and fifth most-traded NFT blockchains. In the past 30 days, the Blast-based NFTs have amassed a sales volume of $55 million, while Polygon-based NFTs have raised a trading sale volume of $50 million.</p> 
<h2 id="ten-top-selling-nfts-in-may-2024">Ten Top Selling NFTs In May 2024</h2> 
<p><img decoding="async" class="alignnone wp-image-528366" src="https://insidebitcoins.com/wp-content/uploads/2024/05/NFT-sales-In-the-past-30-days-2-300x129.png" alt="top selling NFTs In the past 30 days 2" width="835" height="359" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/NFT-sales-In-the-past-30-days-2-300x129.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/NFT-sales-In-the-past-30-days-2.png 642w" sizes="(max-width: 835px) 100vw, 835px"></p> 
<p>Source: cryptoslam.io, top selling NFTs in the past 30 days</p> 
<h3 id="1-bitcoin-uncategorized-nfts">1. Bitcoin Uncategorized NFTs</h3> 
<p>Bitcoin Uncategorized, an ordinal collection that contains a diverse assortment of digital assets on the Bitcoin blockchain that have not yet been identified as part of an established collection, has been this month’s top-selling NFT collection. In the past 30 days, the Uncategorized NFT collections have recorded a trading sales volume of $74 million, but the sales volume has tanked 70% this month.</p> 
<h3 id="2-fantasy-top-nft-collection">2. Fantasy Top NFT Collection</h3> 
<p>Fantasy Top, a non-fungible token collection from Fantasy Top, the NFT SocialFi trading card game built on the new Ethereum Layer 2 blockchain, Blast, has been this month’s second most-selling NFT collection. In the past 30 days, the Fantasy Top NFT collection has raised a trading sales volume of $51 million.</p> 
<h3 id="3-dmarket-nft-collection">3. DMarket NFT Collection</h3> 
<p>DMarket, a non-fungible token collection from the virtual asset market platform DMarket hosted on Mythos Chain, has been this month’s third most-selling NFT collection. In the past 30 days, the DMarket NFT collection has recorded a trading sales volume of $24 million. DMarket NFT sales have plunged 13.55% from the past month.</p> 
<h3 id="4-nodemonkes-nft-collection">4. NodeMonkes NFT Collection</h3> 
<p>NodeMonkes, a non-fungible token collection featuring a limited supply of 10,000 NFTs created on the Bitcoin blockchain network using the ordinal protocol, has been this month’s fourth most-selling NFT collection. In the past 30 days, the NodeMonkes NFT collection has raised a sales volume of $21 million. NodeMonkes NFT sales volume has plunged 33% from the past month.</p> 
<h3 id="5-guild-of-guardians-nft-collection">5. Guild Of Guardians NFT Collection</h3> 
<p>Guild of Guardians, a non-fungible token collection from Guild of Guardians, a mobile NFT RPG where players take teams of heroes through challenging dungeons to collect resources, has been this month’s fifth most-selling NFT collection. In the past 30 days, the Guild of Guardians NFT collection has attracted a trading sales volume of $17 million. The Guild of Guardians NFT sales have surged 63% in the past month.</p> 
<p><img decoding="async" class="alignnone wp-image-528369" src="https://insidebitcoins.com/wp-content/uploads/2024/05/top-selling-NFTs-in-the-past-30-days-300x123.png" alt="top selling NFTs in the past 30 days" width="841" height="345" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/top-selling-NFTs-in-the-past-30-days-300x123.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/top-selling-NFTs-in-the-past-30-days.png 655w" sizes="(max-width: 841px) 100vw, 841px"></p> 
<p>Source: cryptoslam.io, top selling NFTs in the past 30 days</p> 
<h3 id="6-cryptopunks-nft-collection">6. CryptoPunks NFT Collection</h3> 
<p>CryptoPunks, a non-fungible token collection previously from Larva Labs but now owned by the digital asset firm Yuga Labs and features a limited supply of 10,000 NFTs, has been this month’s sixth most-selling NFT collection. In the past 30 days, the CryptoPunks NFT collection has raised a sales volume of $15 million. CryptoPunks NFT sales have tanked 41% from the past month.</p> 
<h3 id="7-bored-ape-yacht-club-nft-collection">7. Bored Ape Yacht Club NFT Collection</h3> 
<p>Bored Ape Yacht Club, an all-time top-selling NFT collection from the digital asset incubation studio Yuga Labs that features a limited edition of 10,000 NFTs hosted on the Ethereum blockchain network, has been this month’s seventh most-selling NFT collection. In the past 30 days, the Bored Ape Yacht Club has amassed a trading sales volume of $11 million. Bored Ape NFT trading sales volume has tanked 54 % this month from the past month.</p> 
<h3 id="8-gods-unchained-nft-collection">8. Gods Unchained NFT Collection</h3> 
<p>Gods Unchained, a non-fungible token collection from the digital trading card game Gods Unchained hosted on the Immutable X, has been this month’s eighth most-selling NFT series. In the past 30 days, the Gods Unchained NFT collection has recorded a trading sales volume of $10 million. Gods Unchained NFT sales volume has dropped 22% from the past month.</p> 
<h3 id="9-mad-lads-nft-collection">9. Mad Lads NFT Collection</h3> 
<p>Mad Lads, a non-fungible token collection from the Solana infrastructure development project Coral that features a limited edition of 10,000 NFTs, has been this month’s ninth most-selling NFT collection. In the past 30 days, the Mad Lads NFT collection has recorded a trading sales volume of $10 million. Mad Lads NFT sales volume has plunged 44% from the past month.</p> 
<h3 id="10-dogezuki-nft-collection">10. DogeZuki NFT Collection</h3> 
<p>DogeZuki, a non-fungible token collection with a fixed edition of 2,800 Shiba Inu-inspired NFT items hosted on the Solana network, has been the tenth most-selling NFT collection. In the past 30 days, the DogeZuki NFT collection has raised a trading sales volume of $9.8 million. DogeZuki NFT sales volume has surged 127% from the past month.</p> 
<h4>Related NFT News:</h4> 
<ul> 
 <li><a href="https://insidebitcoins.com/news/nfts-are-retesting-positive-trend-again-nft-sales-jump-20-today">NFTs Are Retesting Positive Trend Again – NFT Sales Jump 20% Today</a></li> 
 <li><a href="https://insidebitcoins.com/news/nft-sales-drop-7-41-again-this-week-what-went-wrong">NFT Sales Drop 7.41% Again This Week – What Went Wrong?</a></li> 
 <li><a href="https://insidebitcoins.com/news/football-superstar-cristiano-ronaldo-drops-a-new-nft-collection-on-binance">Football Superstar Cristiano Ronaldo Drops A New NFT Collection On Binance</a></li> 
</ul>

NFT Sales Fall By 54% This Month – Records The Lowest Trading Volume Since Oct 2023

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