The Non-Fungible Token (NFT) market saw a decline in sales volume on OpenSeaan NFT marketplace for buying and selling items.
The highly anticipated Coinbase Global Inc. PIECE OF MONEY The NFT market got off to a slow start, but could attract more people into the industry, including players Bill Murray.
Bill Murray picked up #NFT which correspond to his roles in the films.
— Benzinga (@Benzinga) July 13, 2022
Video game retailer GameStop Corp. EMG recently launched its highly anticipated NFT Marketplace and saw sales volume surpass Coinbase in two days.
After a price decline of Ethereum ETH/USDthe second-largest cryptocurrency is now up 31% in the past seven days, which could boost the value of many USD-based NFT collections.
Each week, Benzinga reviews the top 10 NFT projects by sales volume, as reported by CryptoSlam. Here are the top ten NFT collections from the past week (Monday to Sunday).
CryptoPunks: $27.6 million, +159.6%
Bored Ape Yacht Club: $10.9 million, -27.8%
Other act for Other: $8.6 million, +29.3%
Art Blocks: $7.1M +30.3%
So rare: $6.9 million, -9.8%
Mutant Ape Yacht Club: $5.5 million, -23.8%
Super cool world: $4.5 million, so
Invoice from Mathias Isaksen: $2.9 million, so
Bored and dangerous: $2.6 million, so
Meebits: $2.3 million, +139.5%
Related Link: Top 10 NFTs by Weekly Sales Volume: Bored Ape Yacht Club and CryptoPunks Lead
What happened: The biggest story of the week continued to be increased sales volume and big sales for CryptoPunks, considered by many to be the OG of NFTs. CrytoPunks topped the list for the first time in a long time, beating Bored Ape Yacht Club.
Two major sales contributed to the sales volume, with Punk #4156 selling for $3.3 million and Punk #4456 selling for $2.6 million. The two sales rank fourth and sixth respectively on the list of all-time Punk transactions based on Ethereum value.
Bored Ape Yacht Club was the only other collection to reach $10 million in sales volume for the week, with $10.9 million and a drop from first to second place.
Otherdeed for Otherside ranked third for the week, up from fifth place. The collection of Yuga Laboratories hit the $1 billion mark in sales volume last week, becoming the seventh collection to do so.
Art Blocks, Sorare and Mutant Ape Yacht Club placed fourth, fifth and sixth respectively and all made the list after also placing in the top 10 of the previous list.
Three new collections joined the top 10, which had not happened for several weeks.
Super Cool World is a collection of 5,080 NFTs designed by Nina Chanel Abney with a collage-like approach. The collection has a floor price of 0.37 ETH at the time of writing.
Factura is a generative art collection from Mathias Isaksen from gm.studio with 999 pieces. The collection has a floor price of 3.74 ETH at the time of writing.
Bored & Dangerous is an NFT collection from “The Writer’s Room” by Jenkin the Valet. Neil Strauss’ book “Bored & Dangerous” features licensed Bored Ape Yacht Club NFTs and Mutant Ape Yacht Club NFTs. The collection has a floor price of 0.3 ETH at the time of writing.
Meebits, also from CryptoPunks founder Larva Labs, ranked 10th on the list with a 139.5% increase in sales volume.
Yuga Labs previously acquired the rights to CryptoPunks from Larva Labs, giving the company five of the top 10 projects by sales volume for the week.
goblintown ranked 11th with a 110% increase in sales volume.
CloneX and doodles came out of the top 10, placing 12th and 14th respectively.
ENSWhere Ethereum Name Services, ranked fifth in last week’s list with high interest in domain name registrations and resales. ENS ranked 15th for the week with sales volume of $1.9 million, down 67%.
Photo: Courtesy of opensea.io