Check out the NFT Sales Highlights ranking between July 24th and 31st
A 100 ETH Yolo Bunny stands out in this weeks list of the most interesting NFT sales in the previous seven days as tracked by DappRadar. While generative crypto art pieces on the Art Blocks platform continue to change hands for thousands of dollars.
Yolo Bunny is a sophisticated scam project where an individual or a group of hackers use various wallets to create and purchase NFT collections. They artificially pump the trading volume to suggest demand, essentially stealing money from NFT collectors taking a chance.
The most expensive NFT to change hands in the last seven days was CryptoPunk#6874 for 300 ETH, or around $515,000. In the 4th and 5th positions, we see Hitus from the CyberBrokers V3 NFT collection sold for 128.5 ETH, or around $220,000, and Meebit #14295 changed hands for 115 ETH or just under $200,000.
Yolo Bunny
However, this week’s most noticeable trend is the rise of the relatively new Yolo Bunny collection. The first batch of white list private NFT mints happened at 10:00 EST on July 15th, with the public mint happening on 20th July 2022. Yolo Bunny is an NFT avatar launched by Muverse, a music metaverse platform committed to building a music platform for musicians through the Web3.0 infrastructure, utilizing NFTs.
Similar to the last few weeks, we also see several generative crypto art pieces selling through the Art Blocks platform. The most valuable was Ringers #174 for 65 ETH, or around $113,000. Last week we also took a look into one of the wallets held by 3 Arrows Capital to uncover more than 450 NFTs worth around $20 million.
Check out the complete list of NFT Sales Highlights below:
- CyberBrokers V3 Hitus – 128.5 ETH / $219,190 – Buyers wallet
- Meebit #14295 – 115 ETH / $176,974 – Buyers wallet
- Azuki #5070 – 105 ETH / $179,200 – Buyers wallet
- YOLO BUNNY#9555 – 100 ETH / $161,490 – Buyers wallet
- Hertz #1 – 100 ETH / $152,340 – Buyers wallet
- YOLO BUNNY#3839 – 100 ETH / $143, 360 – Buyers wallet
- PROOF Collective – 71.98 ETH / $126,720 – Buyers wallet
- Ringers #174 – 65 ETH / $113,390 – Buyers wallet
- Lady Apes #4309 – 50 ETH / $86,010 – Buyers wallet
- Stray Dog #2055 – 56.65 ETH $80,310 – Buyers wallet
Attitudes towards NFTs around the world
In a recent DappRadar report, we dived into the industry’s state after Terra’s unfortunate collapse. With a close eye on the performance of NFTs, we see that at the end of 2021, they generated $44 billion for artists and traders. However, NFTs have been a very polarizing subject inside and outside the crypto community. There are plenty of lovers and haters with strong opinions on both sides.
The research found that, among the most NFT-friendly countries, Montenegro takes the number one spot with 86.2% positive tweets. Bosnia, Herzegovina, and Luxembourg share a close second place with 78% positive sentiment. Cuba takes the third spot with 71% approval.
On the other end of the spectrum, Poland ranks as the most NFT apprehensive country, with 23% negative posts. It is followed very closely by Nicaragua with 22% and Belize in third place with 19.3%. You can dive into the full report here.
NFTs still bending the rules
The NFT space has felt the hit of the recent crypto bear trends, yet some projects manage to defy the odds. Well-established blue-chip collections like CryptoPunks and BAYC have kept the attention of NFT enthusiasts, and DappRadar will continue monitoring these collections as they grow to new heights.
To learn more about the NFT space and get the most up-to-date sales data, check out DappRadar PRO. PRO gives you access to exclusive content and community channels on Discord and NFT sales data from as little as the last 15 minutes.
DappRadar will continue monitoring the NFT space as it evolves and brings a new era of crypto investing to the table. To get the latest NFT news and updates, follow DappRadar on Twitter, and join our Discord server.
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