🚀 NFT Market Experiences Significant Decline in Weekly Trading Volume
#NFT #Market #TradingVolume #WeeklyDecline #PANews #CryptoSlam #CryptoPunks #HighValueSales #KnownOrigin #KnownOrigin88512 #CryptoPunks5898 #CryptoPunks843 #CryptoPunks9721 #CryptoPunks490 #Ethereum #Polygon #MythosChain #BNBChain #Bitcoin #Solana #ETH #BTC #SOL
According to PANews, recent data from CryptoSlam reveals a notable 22.65% decrease in NFT market trading volume over the past week, amounting to $104.5 million. This marks one of the largest weekly declines in recent months. Despite this drop, the number of NFT buyers increased by 14.89% to 622,535, and sellers rose by 16.25% to 447,821. However, the total number of NFT transactions fell by 3.07% to 1,699,318.
Ethereum network trading volume reached $37.7 million, a decrease of 29.88% from the previous week. Polygon network saw a 17.43% decline to $15.7 million. Mythos Chain's trading volume slightly decreased by 1.73% to $10.1 million. BNB Chain experienced a 23.59% drop to $9.5 million, while Bitcoin network trading volume fell by 32.40% to $7.8 million. Solana network's trading volume decreased by 6.81% to $5.1 million.
This week’s high-value sales included CryptoPunks #5898, sold for 100 ETH ($445,786), CryptoPunks #843 for 90.1 ETH ($403,268), CryptoPunks #9721 for 81 ETH ($361,995), CryptoPunks #490 for 80 ETH ($345,757), and Known Origin #88512 for 70 ETH ($307,384).#NFT #Market #TradingVolume #WeeklyDecline #PANews #CryptoSlam #CryptoPunks #HighValueSales #KnownOrigin #KnownOrigin88512 #CryptoPunks5898 #CryptoPunks843 #CryptoPunks9721 #CryptoPunks490 #Ethereum #Polygon #MythosChain #BNBChain #Bitcoin #Solana #ETH #BTC #SOL
🚀 NFT Market Experiences Significant Decline in Weekly Trading Volume
#NFTMarket #TradingVolume #NFTDecline #Ethereum #Bitcoin #BaseNetwork #NFTTransactions #CryptoPunks #KnownOrigin #CryptoNews #NFTBuyers #NFTSellers #Blockchain #ETH #BTC
According to PANews, the NFT market has seen a substantial decrease in trading volume over the past week, with figures dropping by 39.93% to $94.91 million, as reported by Crypto.news. Despite this decline, the number of NFT buyers increased by 33.14% to 509,798, while sellers rose by 21.04% to 413,225. However, the total number of NFT transactions fell by 7.63%, reaching 1,543,392.
The Ethereum network recorded a trading volume of $36.75 million, marking a 62.46% decrease from the previous week. In contrast, the Bitcoin network saw a 15.57% increase in trading volume, reaching $13.07 million. The Base network experienced a decline of 34.8%, with a trading volume of $9.24 million.
Notable high-value transactions this week included the sale of Known Origin #264609 for $246,984.31 (63.8 ETH), CryptoPunks #7839 for $174,846.97 (44.99 ETH), CryptoPunks #7378 for $173,119.61 (45 ETH), and CryptoPunks #7461 for $167,646.53 (42 ETH).#NFTMarket #TradingVolume #NFTDecline #Ethereum #Bitcoin #BaseNetwork #NFTTransactions #CryptoPunks #KnownOrigin #CryptoNews #NFTBuyers #NFTSellers #Blockchain #ETH #BTC