NFT sales drop to $138m, Pudgy Penguins sales soar 39% week-over-week
The NFT market has pulled back alongside broader crypto weakness, with Bitcoin falling to $101,000 and Ethereum dropping to $3,200.
Latest CoinMarketCap data shows that the overall crypto market cap has slipped to $3.5 trillion from last week’s $3.58 trillion.
According to CryptoSlam data, NFT sales volume has fallen 29.45% to $138 million this week. Despite the drop in total sales, market participation has grown, with more traders entering the space.
The weekly metrics tell a mixed story:
- NFT sales volume fell to $137.9 million from $198.1 million
- NFT buyers rose 31.92% to 589,960
- NFT sellers increased 33.23% to 425,135
- Transactions declined 4.35% to 1,412,615
Ethereum NFT sales drop, Mythos Chain sales rise
- Ethereum ( ETH ) NFT sales dropped 40.35% to $67.9 million, though buyer numbers grew 20.59% to 58,632. Wash trading fell 57.40% to $28.8 million.
- Bitcoin ( BTC ) NFTs saw a 32.45% decline to $17.4 million, while buyer participation rose 35.12% to 46,714.
- Mythos Chain jumped to third place with $13.6 million, rising 4.13%.
- Solana ( SOL ) fell to fourth with $12.4 million, down 39.21%.
- Polygon ( POL ) entered the top five with $8.1 million, posting an 85.18% increase.
Source: Blockchains by NFT Sales Volume (CryptoSlam)
NFT collections show mixed results
Pudgy Penguins took the lead with $13.9 million in sales, up 38.49%. Their surge brought more activity, with transactions rising 106.21% and buyers up 20.80%.
DMarket held second place with $8.5 million, growing 7.30% and maintaining high volume with 307,776 transactions. Azuki dropped to third with $7.3 million, falling 74.73%.
Courtyard, a new entrant on Polygon, claimed fourth place with $7.2 million, surging 155.57%. CryptoPunks rounded out the top five with $5.7 million, down 31.19%.
Top sales this week included:
- CryptoPunks #5473: $547,670 (162 ETH)
- CryptoPunks #1925: $412,926 (125 ETH)
- CryptoPunks #7162: $373,166 (112 ETH)
- Autoglyphs #185: $348,295 (102.5 ETH)
- Autoglyphs #328: $332,290 (105 WETH)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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