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Home»NFT»NFT Sales Hit $95.42M With Ethereum Dominating, but Market Participation Shrinks
NFT

NFT Sales Hit $95.42M With Ethereum Dominating, but Market Participation Shrinks

2024-08-10Updated:2024-08-10No Comments2 Mins Read
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Between Aug. 3 and Aug. 10, 2024, non-fungible token (NFT) gross sales skilled a 6.29% enhance from the earlier week, hitting a complete of $95.42 million. Nonetheless, the variety of members within the NFT market noticed a pointy decline, with consumers dropping by 86.34% and sellers by 77.25%.

NFT Market Sees 6.29% Development

This previous week, NFT gross sales climbed by 6.29% in comparison with the earlier week. Out of the $95.42 million generated, Ethereum-based NFTs took the lead with $32.46 million in gross sales, marking a slight 0.06% uptick. Solana NFTs adopted with $19.52 million in quantity, boasting an 11.08% enhance. In third place was Bitcoin, with BTC NFTs bringing in $14.69 million in gross sales, although this marked a ten.03% drop.

The highest NFT assortment for the week was Mythos’ Dmarket, holding onto its crown from the earlier week. Dmarket garnered $7.22 million in gross sales, a large 334.87% leap. Immutable X’s Guild of Guardians assortment secured the second spot with $3.6 million, up 7.28% from the earlier week. Rounding out the highest three, Sorare NFTs generated $3.34 million in gross sales, although this represented an 11.39% lower.

As for this week’s priciest NFT gross sales, Autoglyphs #172 led the pack, promoting for $207,500 six days in the past. Scorching on its heels was a BNB Lockndeal NFT, which fetched $136,959, additionally six days in the past. The third highest sale was an Arbitrum NFT referred to as GUSD Locked, which went for $123,840 on Aug. 4. NFTs from Bitcoin, Solana, and Polygon adopted intently behind within the rankings of the week’s costliest gross sales.

See also  11 classic memes that have been sold as NFTs

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95.42M dominating Ethereum Hit market NFT participation sales shrinks
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