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NFT Sales Rise by 11% This Week as Buyers Surge 95% in Latest Data; ETH Dominates With $85.43 Million in Sales

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NFT Sales Rise by 11% This Week as Buyers Surge 95% in Latest Data; ETH Dominates With $85.43 Million in Sales

In the most recent data, non-fungible token (NFT) sales for this week have experienced a rise of 11.60% compared to the previous week. Moreover, the number of individual buyers purchasing NFTs in the past seven days has jumped 95.20%, reaching a total of 664,096 buyers.

This Week’s NFT Sales See a Modest Rise of More Than 11%, Bitcoin-NFTs Still Hold Second Position

According to data from cryptoslam.io on June 20, 2023, the past week has seen a modest increase in NFT sales, with a recorded total of just over $146 million. This marks an approximate rise of 11.60% compared to the previous seven days.

Despite a slight dip of 1.99% in the number of NFT transactions, which amounted to 2,271,293 last week, there has been a surge of over 95% in the number of NFT buyers. Statistics show approximately 664,096 buyers have been recorded in the past seven days.

Out of the total NFT sales amounting to $146 million, a significant portion of $85.43 million was attributed to ETH-based NFTs, while $21.38 million came from BTC-centric NFTs. It is worth noting that Bitcoin-based NFTs have consistently maintained their second position among blockchains in terms of sales for several consecutive weeks.

Notably, ETH-based NFT sales experienced a spike of 18.11% within a week, whereas BTC-based NFT sales saw a jump of 10.84% compared to the previous week. Rounding out the top five blockchains for weekly NFT sales, we have Solana, BNB Chain, and Mythos following behind ETH and BTC.

This week, the leading position for NFT sales belongs to the collection called Uncategorized ordinals, which amassed $12.18 million in sales. Following closely behind is the Grails II collection sold by the luxury auction house Sotheby’s, which generated approximately $7.67 million in sales.

Completing the roster of the top five collections include the Bored Ape Yacht Club (BAYC), Dmarket, and Gods Unchained NFT card sales. Mutant Ape Yacht Club (MAYC) and Azuki are right on the heels of the top five contenders.

Additionally, among the five most expensive NFT sales this week, two noteworthy NFTs from Sotheby’s Grails II collection secured spots on the list, with the top sale reaching $5.4 million. Additionally, two NFTs originated from the Uncategorized ordinals collection, while one NFT emerged from the BNB chain.

What are your thoughts on the 11% rise in NFT sales and the surge in buyers this past week? Share your thoughts and opinions about this subject in the comments section below.

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