NFT Sales Pump 5.4% To $178M This Last Week Of April - Here’s What Fueling This Uptrend

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Data market analysis confirms that the number of trading sales volume for non-fungible tokens has slightly pumped high this month, despite the general crypto bear market and regulatory uncertainty surrounding the entire crypto industry. Total NFT sales have jumped by 5.4% in the past seven days.

NFT Sales Pump 5.4% This Week

According to CryptoSlam, an on-chain market data aggregator, the non-fungible token has experienced a sharp increase in trading sales this week, surging more than 5% in the past seven days. The NFT market has attracted a trading sales volume of more than $178 million.

Ethereum-based NFT products dominated the NFT market, attracting trading sales revenue of more than $100 million. However, its sales have plummeted by 14.13%. Solana NFTs distantly followed, raking in just $38 million in the past seven days. Its trading sales volume has soared by 1.2%.

Non-fungible tokens hosted on Polygon, an Ethereum scaling solution network, have raised $7.4 million in the past seven days. Nonetheless, Polygon NFTs have fallen short in trading sales volume, flipping more than 51% this week. The remaining percentage has been shared among other networks, including Immutable X, BNB Chain, and Cardano.

Total NFT Buyers Rise 33% In The Past 7 Days

The number of investors who bought non-fungible tokens has risen this week, soaring more than 33% in the past seven days. The global non-fungible token market recorded a total of 371,355 buyers during this period.

Polygon has experienced a short spike in NFT buyers, taking the top spot this week. Its total NFT buyers grew over 47% to 162,059 in the past seven days. Ethereum network followed closely, recording 127,527 NFT buyers. Ethereum NFT buyers have increased by 15% during this period.

Over the same period, the total number of buyers of Solana-base non-fungible tokens has increased by more than 45% to 62,059. The number of NFT buyers across the network, including Immutable X, Cardano, Arbitrum, and BNB Chain, surged during this period.

Top Five NFTs In Sales In The Past 7 Days

1. Mad Lads

Mad Lads, an NFT collection featuring a limited edition of 19950 NFTs on the Solana blockchain, was the top-selling NFT collection, recording over $17 million in the past seven days. The NFT collection pumped 1,622% in Sales this week.

During the same period, the Mad Lads NFT collection attracted more than 3,500 buyers and over 6,000 sellers. Total NFT sellers skyrocketed by 608,300%, while the number of buyers fell by more than 50%. Its transactions rose 113% to $13,912.

2. Bored Ape Yacht Club NFTs

Bored Ape Yacht Club, an NFT collection from the digital asset incubation firm Yuga Labs, has underperformed this week, falling more than 10% in sales. The NFT collection has recorded a trading sales volume of $10 million in the past seven days.

The NFT collection, which features a limited edition of 10,000 NFTs on the Ethereum network, has also fallen short in NFT transactions, falling 34% this week. The number of NFT sellers fell by 35%, while NFT buyers dropped by 42% in the past seven days.

3. Blocklords Banners NFTs

Blocklords banners are a tradable NFT collection from the medieval strategy-based massively multiplayer online (MMO) game Blocklords. The NFT collection has raised $4.3 in trading sales volume in the past seven days, taking the third position this week.

Blocklords banners NFT collection surged 2% in sales this week. The NFT collection saw a short transaction spike, surging 8.23 % to 1,419. Total sellers for Blocklords NFTs increased by 50%, while NFT buyers soared by 49% in the past seven days.

4. Mutant Ape Yacht Club NFTs

Mutant Ape Yacht Club, another NFT collection from Yuga Labs featuring a fixed set of 20,000 NFTs, has recorded poor performance, falling more than 20% in sales this week. The NFT collection has raised $3.9 million in sales, ranking fourth this week.

The NFT collection also experienced a decline in trading operations, with its transactions dropping by 22% this week. The total number of Mutant Ape Yacht Club NFT sellers has shrunk by 31%, while NFT buyers plummeted by 31% during this period.

5. The Captainz NFTs

The Captain is an NFT collection featuring a fixed set of 9,999 utility-enabled PFP NFTs on the Ethereum network. In the past seven days, the NFT collection has recorded a sales volume of $3.7 million, taking the fifth spot this week.

Over the same period, The Captainz NFT collection plunged 13% in its trading sales volume. The NFT collection has experienced reduced transactions, recording 171 transactions this week. Total NFT buyers have reduced by 36%, while NFT sellers decreased by 46% this week.

The most expensive NFT collection in the past seven days was Bored Ape Yacht Club #7403, which sold for $390,496 on the Blur NFT marketplace four days ago. CryptoPunks #2356 followed, selling 373,474 on its market platform three days ago, while Bored Ape Yacht Club 3275 sold for 368,392 on the X2Y2 NFT market platform.

The State Of NFTs Right Now

The non-fungible token collections are taking a breather after experiencing a short rally in the past few hours. Since NFT collections are intertwined with crypto, they seem to react to the recent price spike. The flagship crypto “Bitcoin” is up 0.9% after retesting a short rally in the past few hours. Bitcoin is consolidating around $29,300. He’re three top-selling NFTs right now:

1. Wrapped CryptoPunks NFTs

The wrapped CryptoPunks, an NFT collection from digital asset firm Larva Labs, takes the first position in our five top-selling NFT collections today. The NFT collection has amassed a trading sales volume of 1824 ETH. It has a market capitalization of $108 million and a floor price of $142,476.

2. MineablePunks

MineablePunks is another NFT collection from Larva Labs featuring randomly generated NFTs on the Ethereum network. In the past 24 hours, the NFT collection has attracted a sales volume of 1,600 ETH. It has a market capitalization of $788,596 and a floor price of $190.

3. Azuki NFTs

Azuki is an NFT collection from Chiru Labs featuring a limited set of 10,000 NFTs on the Ethereum network. The NFT collection has attracted a 24-hour sales volume of 1,574 ETH, taking third place today. Azuki NFT collection has a market cap of $291 million and a floor price of $29,113.

New NFT Launchpad Raises $145K From Its Token Presale

Launchpad is a new non-fungible project offering insight into the web3 sectors. The new project has gained mainstream adoption just a few days after launch. The platform allows users to search all the items offered on every possible marketplace and determine digital assets in the highest demand.

Moreover, Launchpad allows users to find out which newly released items have the potential for the most growth and curate an NFT collection in an NFT gallery. The new NFT project is in its first stage and has already raised more than $145,000 from its token “LPX” presale. Grab your new crypto asset now before its price spike.