This week, CryptoKitties and Octane gained a lot of attention. Monero also saw increased trading volume for the last few weeks before IOP reached its monthly low on November 27th. Neo achieved the highest market cap in October with $1 billion, but there were some changes to make it less centralized than intended by design.

The “nft sales” is a weekly breakdown of the NFT market.

The Weekly Rundown – NFT Sales November 27

It seems that the space is resuming its upward trajectory or that the amount of FOMO is growing. I’ve seen a lot of interest in NFTs images, so maybe it will become the next trend in the following weeks? Also, Nifty Gateway has a Paks Merge drop with a wonderful OE methodology.

Let’s get this data rundown underway.

The Week’s Big Sales

–BookLocal – Hotel Booking Marketplace for $1.08M –CryptoPunk #8295 for $715k –CryptoPunk #2006 for $611k –Bored Ape Yacht Club #9449 for $1.17M –Bored Ape Yacht Club #9449 for $1.17M –Bored Ape Yacht Club #9449 for $1.17M –Bored Ape Yacht Club #9449 for $1.17M

What Market Data on Collectibles Tells Us

Collectibles Market - Dec 3

The Top Four Collectibles

Axie Infinity achieved $129 million in sales this week, with 168k consumers transacting 550k times, down 20% from the previous week.

The Sandbox produced $50 million in sales, with 2,000 purchasers transacting 4,964 times — a 17 percent drop in sales volume from the previous week.

BAYC sold $29 million to a total of 111 purchasers who transacted 122 times, representing a 9 percent increase in sales volume over the previous week.

CryptoPunks produced $18 million in sales, with 38 purchasers transacting 45 times — a 31% decline in sales volume from the previous week.

NFT Markets is a company that specializes in non-traditional

NFT Markets is a company that specializes in non-traditional Dec 3

The biggest NFT Markets is a company that specializes in non-traditional or marketplaces where you can buy technically any NFT.

With 157k purchasers, OpenSea generated $611 million in sales, about a 5% increase over the previous week.

AtomicMarket produced $16.78 million in sales with 59k purchasers, down almost 31% from the previous week.

Solanart produced $8.52 million in sales with 10,000 purchasers, down about 53% from the previous week.

Rarible achieved $3.58 million in sales with 2,685 purchasers, down 6% from the previous week.

What CryptoArt Is Trying to Tell Us

Crypto Art - Dec 3

Let’s have a look at it in more detail:

  • September’s sales totaled $75.68 million dollars.
  • In October, $95 million was sold.
  • In November, $66 million was sold.
  • So far in December, $97 million has been raised (including Pak’s sale).

Paks seems to want to reintroduce Available Editions and is holding a large release on Nifty Gateway, which has already sold over $95 million at the time of writing and will remain open for another 30 hours, making it the largest CryptoArt sale to date.

Summary

NFTs seem to be making a comeback, so be cautious about what you purchase. There are several frauds being perpetrated.

 

Related Tags

  • nft trading platform
  • selling nft
  • where to buy nft tokens