Check out the NFT Sales Highlights ranking between August 8th and August 14th
This week’s NFT sales highlights feature a Pixel Apepe YC #4755 and several NFTs from the CryptoPunks and BAYC collections. Like the previous week, CryptoPunks and Bored Ape Yacht Club NFTs dominate the sales volume.
The highest value NFT sale in the last seven days was for Pixel Apepe YC #4755, which changed hands for 350 WETH, or around $696.647. Further diving into its owner´s wallet, reveals an NFT collection worth an estimated $1.53 million.
In the second place, selling for 344 ETH, or about $ 654.184, we have Bored Ape Yacht Club #7863, which features a black-furred bored ape with beam eyes sporting a pimp coat. The owner´s wallet shows an NFT collection worth an estimated $ 1.42 million with predominantly BAYC, Bored Ape Chemistry, and Otherdeed for Otherside NFTs.
A raft of CryptoPunks and Bored Ape Yacht Club collectibles is changing hands. More interestingly, the floor price of CryptoPunks is up to more than 14%, while BAYC is up 16% in the last seven days, with the average price of both increasing by %17 for CryptoPunks and 25 % for Bored Ape Yacht Club, respectively.
Pixel Apepe and Bored Ape Yacht Club are in the top two spots
This article was made using the NFT Collection Explorer. This tool makes finding, analyzing, and purchasing NFTs simple. From a central hub, DappRadar users can explore upcoming and available NFTs using the most accurate market data, and take action.
SUREAL Aethereian Neighbors in Decentraland
Apart from the more established BAYC and CryptoPunk collection sales, various NFT sales highlights are worth a deeper look. Perhaps the SUREAL Aetherian Neighbors Decentraland NFT land plot sale is the most interesting.
Decentraland land sales have gone up since July 18th, making 37.1% of all sales on both Sandbox and Decentraland. According to Dune, the popular metaverse has accumulated approx. $444,540,170 in virtual real estate sales volumes and is second only to Yuga Lab´s Otherside, which tops the rank at approx. $815,204,820.
Check out the complete list of NFT Sales Highlights below:
- – Pixel Apepe YC #4755 350 WETH /696.647 $ – Buyers wallet
- – Bored Ape Yacht Club #7863 344 ETH /654.164 $ – Buyers wallet
- – CryptoPunks #9400 300 ETH /591.999 $ – Buyers wallet
- – CryptoPunks #8576 199 ETH /339.341 $ – Buyers wallet
- – CryptoPunk #8374 165 ETH /322.000 $ – Buyers wallet
- – CryptoPunk #1703 165 ETH /312.988 $ – Buyers wallet
- – CryptoPunk #608 165 ETH / 312.000 $ – Buyers wallet
- – Bored Ape Yacht Club #1833 150 ETH /289.156 $ – Buyers wallet
- – SUREAL Aetherian Neighbors #940 189K MANA/207.900 $ – Buyers wallet
NFTs expand despite the bear market
As a result of the bearish trends, many users have decided to liquidate their investments in the NFT market, parking their assets for better times until the wild bear is finally tamed.
The trading volumes measured in USD show that the market is contracting, with a decrease of 25% MoM. Also, the number of traders has decreased by 8% MoM but still increased by 40% from July 2021.
However, the long-anticipated Ethereum merge could bring some enthusiasm to the crypto community, which might positively affect the NFT market.
Moreover, the NFT marketplace landscape is expanding with new entrants. For example, Gamestop NFT Marketplace, Nickelodeon’s NFT marketplace, Uniswap´s acquisition of Genie – the first NFT marketplace aggregator, marrying DeFi with NFTs, and most interestingly, Social Media Platforms adopting NFTs.
Read our blockchain industry report from July 2022 to get a clearer picture and analysis of the NFT´s market current state.
With the explosion of avatar blue-chip NFT collections like BAYC, CryptoPunks, and CloneX, we can only imagine the immense value social media could unlock for web3.
For more insights on NFTs and the crypto industry, check out our latest interview with Tim Haldorsson, CEO of Lunar Strategy, here.