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The Weekly Rundown – NFT Sales November 27

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It seems like the space is starting an uptrend again or increasing its level of FOMO. I see a lot of interest for NFTs pictures so maybe that could be the new trend in the upcoming weeks? Also, check out Paks Merge drop on Nifty Gateway with great OE mechanism.

Let’s get started with the data rundown.

Big Sales of the Week

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

What Collectible Market Data is Telling Us

Collectibles Market - Dec 3

Top 4 Collectibles

Axie Infinity made $129M in sales with a total of 168k buyers who transacted 550k times – a 20% decrease from last week.

The Sandbox made $50M in sales with a total of 2k buyers who transacted 4,964 times – a 17% decrease in sales volume from last week.

BAYC made $29M in sales with a total of 111 buyers who transacted 122 times – a 9% increase in sales volume from last week.

CryptoPunks made $18M in sales with a total of 38 buyers who transacted 45 times – a 31% decrease in sales volume from last week.

NFT Markets

NFT Markets Dec 3

The biggest NFT markets or marketplaces where you can buy technically any NFT.

OpenSea made $611M in sales with 157k buyers, almost a 5% increase in sales volume last week.

AtomicMarket made $16.78M in sales with 59k buyers, almost a 31% decrease in sales volume last week.

Solanart made $8.52M in sales with 10k buyers, almost a 53% decrease in sales volume last week.

Rarible made $3.58M in sales with 2,685 buyers, a 6% decrease in sales volume last week.

What CryptoArt is Telling Us

Crypto Art - Dec 3

Let’s quickly break it down for perspective:

  • September sold $75.68M
  • October sold $95M
  • November sold  $66M
  • December so far $97M (including Pak’s sale)

It looks like Paks wants to put back Open Editions out there and is doing a big release on Nifty Gateway,  already selling more than $95M at the time of writing and sales are open for another 30 hours, the biggest CryptoArt sale so far.

Summary

It looks like NFTs are back on, so be careful with what you buy out there. Lots of scams are being created.

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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.




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