Many NFTs events are coming up soon, but there are also lots of low-quality effort NFTs being created at a high pace in this NFT trend that started earlier this year. We are getting close to the end of the year, so we should be more careful at evaluating new projects.
Let’s get started with the data rundown.
Big Sales of the Week
What Collectible Market Data is Telling Us
Top 4 Collectibles
Axie Infinity made $162M in sales with a total of 179k buyers who transacted 588k times – an 8% decrease from last week.
Wolf Game made $64M in sales with a total of 5,400 buyers who transacted 13k times.
The Sandbox made $60M in sales with a total of 2k buyers who transacted 4,571 times – a 60% increase in sales volume from last week.
CryptoPunks made $27M in sales with a total of 46 buyers who transacted 56 times – a 33% decrease in sales volume from last week.
The biggest NFT markets or marketplaces where you can buy technically any NFT.
OpenSea made $584M in sales with 148k buyers, almost a 10% decrease in sales volume last week.
AtomicMarket made $24M in sales with 53k buyers, almost a 48% decrease in sales volume last week.
Solanart made $18M in sales with 15k buyers, almost a 13% increase in sales volume last week.
Rarible made $3.84M in sales with 2,685 buyers, a 14% decrease in sales volume last week.
What CryptoArt is Telling Us
Let’s quickly break it down for perspective:
- September sold $75.68M
- October sold $95M
- November so far $62M
CryptoArt is still making some interesting sales, but it looks like October was the peak of the last couple of months; the bull market is not over, so we might see more interesting months soon.
Be careful of new NFT projects launches; everything is getting out of hand. So if you want to buy some, do your research and go for more old stuff. But it is still 2021, the year of the NFTs and some of these NFTs will be really valuable in the next couple of years.
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*All investment/financial opinions expressed by NFT Plazas are from our site moderators’ research and experience and are intended as educational material only. Individuals are required to research any product before making any investment thoroughly.
Entrepreneur. Software Engineer. NFTs enthusiast. #NFT