NFT collection, Guild of Guardians, remains the leader of the NFT market in terms of the weekly volume of sales, collecting an impressive amount of $18.93 million. Nevertheless, this is a massive reduction of 20.80% in comparison to last week.
Even with the loss, the NFT project based on the game maintains a comfortable position, having more than 2282 buyers and 3868 purchases. This strength when volume declines, shows that it has an underlying strong base of users, though market fatigue could be approaching.
Courtyard and DMarket See Steady Gains
Second in rank is Courtyard which boasts of a week of sales of $17.53 million and an excellent 11.67 percent increase during the current week.
With more than 18,743 buyers and a staggering 104,686 transactions, Courtyard seems to gather speed, possibly because of heightened utility or new NFT releases.
DMarket, in the meantime, holds the 3rd place with the weekly sales worth of $9.03 million and a rather modest growth of 1.04 percent.
But it tops the charts in terms of user activity, signing up a towering 19,591 buyers and a massive 287,460 trades, which underscores its wide popular audience and subsequent trading habits.
Gods Unchained Surges with Over 31% Growth
Gods Unchained experienced the largest increase in the velocity of the top-line collections, jumping 31.10 percent to total $6.63 million in sales. Although the number of buyers is average at 698, this trading card game is gaining popularity, effectively due to new gameplay mechanics or community rewards.
The collection has risen through the charts by 1,248 transactions, indicating a possible explosion of potential within the NFT-gaming niche.
Panini and SuperRare Stun with Triple-Digit Growth
This week the largest surprises occurred with Panini and SuperRare. Panini NFTs posted an impressive 671.03 percent gain, having netted $1.85 million in sales through just 880 buyers and 25,295 transactions.
SuperRare was the most impressive on the list as its sales surged by an astonishing 2,675 percent to $1.25 million. Although only 19 buyers were involved in 60 sales, the rise hints at a number of high-ticket sales or the emergence of a new drop to appeal to high-net-worth collectors.
DogeZuki Gains Community Momentum
The DogeZuki, meme-based NFT project, also posted a 13.75 percent increase up to 1.35 million weekly volume. DogeZuki has the largest number of buyers of any collection (23,447) and 25,418 sales, demonstrating that meme coins and their NFT equivalents still exercise control over retail investors.
Established Collections Struggle as Market Rotates
Unlike emerging stars, some of the most iconic collections in the market crashed. The CryptoPunks fell by 9.69 percent to $2.88 million with just 13 buyers exchanging 22 sales.
Bored Ape Yacht Club (BAYC) did not perform better, declining by 39.26 percent to only $938.89K traded by 23 buyers and 30 sales.
Milady Maker also dropped 9.55% to make a total of 874.33K with 55 buyers. By far the largest downward adjustment was to Pudgy Penguins which fell by a margin of 47.32 per cent to rest at 871.36K.
Mutant Ape Yacht Club was humbly resilient, with a rise of 3.35% to 808.41K to remain within the top 12 by volume, with 178 sales.
from Crypto News: Bitcoin, Ethereum & Price Data | BlockchainReporter https://ift.tt/GcqbY34
via IFTTT
