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Home»NFT»Bored Ape Yacht Club leads the most expensive NFT sale of the week despite general market dip
NFT

Bored Ape Yacht Club leads the most expensive NFT sale of the week despite general market dip

2024-08-31No Comments2 Mins Read
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While non-fungible token (NFT) sales saw a 24% increase the week before, there was a 4.3% decline over the past seven days. Meanwhile, the number of NFT buyers increased by 31.48%, while the number of sellers also increased by 25.86%.

NFT sales fell 4.3%, but buyer and seller participation increased

This past week, NFT sales were quite lackluster, dropping 4.3% compared to the week before. Total sales amounted to $90,678,150, with Ethereum-based NFTs leading the charge at $32,195,968, although this figure represents a decline of 8.26% according to cryptoslam.io data.

Solana claimed the second spot with revenue of $19.4 million, up 6.39% from the previous week. Bitcoin rounded out the top three with $13.7 million in sales, a gain of 12.39%.

The top collection of the week was Ethereum’s Cryptopunks, which raked in $5.43 million, although sales fell 29.01% compared to last week. Solana’s Monkey NFTs raked in $3.36 million, taking second place and rising 52.16% in sales this week.

The third most active NFT collection was Immutable

The most expensive NFT of the week was Bored Ape Yacht Club #7,398, which fetched $325,387 a day ago. Close behind was an Arbitrum GUSDC Locked Deposit, which sold for $184,956 five days ago, followed by a Bitcoin-based Ordinal Maxi Biz NFT, which went for $82,819 yesterday.

This week’s NFT market activity paints a picture of a dynamic and evolving landscape, where despite some decline in sales, interest from buyers and sellers remains vibrant. The varied performance across platforms and collections suggests a market is still finding its footing.

See also  Can stacks (STX) defy the decline of the wider market after this outbreak?

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Ape Bored Club Dip Expensive General leads market NFT sale week Yacht
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