NFT Sales Rise 36% To $217 Million This Week – Bitcoin NFTs Explode 260% ByDominic KimaniPRO INVESTOR Updated: 14 May 2023 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage The market data shows that the global trading volume of non-fungible tokens has jumped higher this week, despite the recent hype surrounding shitcoins. The NFT market has pumped 36%, recording over $217 million in the past seven days. Bitcoin NFTs Pump 260% This Week According to CryptoSlam, an on-chain market data aggregator, Ethereum-based NFTs products have attributed the greatest market share, attracting more than $112 million in the past seven days. During this period, Ethereum NFTs have pumped 15% from last week. Bitcoin NFTs have followed the second streak this week. The NFT collections have exploded 260% to $56 million in the past seven days. The Mythos Chain, a permissioned EVM blockchain and gaming ecosystem that operates on the MYTH utility token, has taken third place outperforming popular chains like Polygon and Solana. Mythos-based NFTs have recorded a sales volume of $11 million this week. Non-fungible tokens hosted on Solana have plummeted slightly this week. Solana NFTs are down 21%, recording just $9 million in trading sales volume in the past seven days. Polygon NFTs take the fifth position this week, recording $7.5 million. Top Five NFT Collections In Trading Sales Past 7 Days 1. Bitcoin NFTs Bitcoin NFTs “uncategorized” emerged as the top-selling NFTs this week, amassing $15 million in trading sales volume. In the past seven days, Bitcoin NFT buyers have increased by more than 240%, while NFT sellers increased by 247%. 2. Bored Ape Yacht Club NFTs Bored Ape Yacht Club is another non-fungible token that significantly increased this week. The NFT collection from Yuga Labs, which features a limited edition of 10,000 NFTs, has recorded a trading sales volume of $14 million this week. 3. $ORD BRC-20 BRC-20, an experimental token standard for the Bitcoin blockchain, takes the third position this week. The NFT collection inspired by Ethereum’s ERC-20 has recorded a trading sales volume of $12 million. BRC-20 NFTs have pumped more than 120% this week. 4. DMarket DMarket is in-game digital assets hosted on the Mythos network. The NFT collection has jumped 65% this week, recording $11 million in trading sale volume in the past seven days. Nonetheless, these NFTs have fallen short in a number of buyers and sellers this week. 5. Milady Maker NFTs Milady Maker is an NFT collection from digital asset incubation firm Remilia, featuring a limited edition of 10,000 generative PFP NFTs. In the past seven days, the NFT collection has recorded a sales volume of 10 million. It has pumped 120% this week. Space Pepes was the most expensive NFT collection in the past seven days, selling for $4.5 million six days ago. Different Bitcoin NFTs have sold for head-scratching sums, with the most expensive selling for $4.4 million two days ago. Elon Musk Launched NFT Rocket This Week The weather in NFTs has been perfect this week, with good news from established projects, hot tech, a bit of money in traders’ pockets from trading meme coins like Pepe, and a well-timed tweet from the CEO of Twitter, Billionaire Elon Musk. Mid this week, Twitter Boss Elon Musk created a short frenzy within the non-fungible token market after sharing a meme containing the instantly recognizable avatar of the popular Milady Maker NFT collection. pic.twitter.com/4s6HwnCY74 — Elon Musk (@elonmusk) May 10, 2023 Milady Maker’s NFT collection exploded more than 50%, carrying the rest of the NFT market with them to a height of $217 million in sales volume this week. Even though Milady Maker NFT collection is consolidating around -6%, the NFT market appears in an upside trajectory. Binance Created Short NFT Frenzy Binance, one of the leading blockchain ecosystems for digital assets and non-fungible tokens, has created a short frenzy around NFTs this week. The crypto exchange integrated Bitcoin NFTs into their marketplace, giving Ordinals a new way to reach the masses without needing to be a technical wizard to trade them. Bitcoin Ordinal NFTs are coming to the Binance NFT marketplace! ? Register now to benefit from exclusive benefits using the form below. — Binance NFT (@TheBinanceNFT) May 11, 2023 NFTs on the flagship blockchain “Bitcoin” have been red hot following the evolution of a new flavour of Ordinal called BRC-20s. BRC-20s are Bitcoin’s version of Ethereum’s meme coins, but they’re also like an NFT collection at their core. Discover the Best NFTs With Launchpad.XYZ Launchpad is a new platform helping collectors to explore NFT with a high potential of giving higher returns. The new platform offers users analytics and insights necessary before making investment decisions. The new platform is in its second stage and has already raised over $380,000 from its LPX token presale. Related NFTs News: Trademark Applications For Metaverse And NFTs Remain Down Over 50% From 2022 Top Selling NFTs This Week – Milady Maker NFTs Pump 50% In Daily Trading Volume NFT Sales Surge 5.8% Past Week – Blur Dominates NFT Market, Taking 70% Of NFT Trading Wall Street Memes - Next Big Crypto Rating Early Access Presale Live Now Established Community of Stocks & Crypto Traders Featured on BeInCrypto, Bitcoinist, Yahoo Finance Rated Best Crypto to Buy Now In Meme Coin Sector Team Behind OpenSea NFT Collection - Wall St Bulls Tweets Replied to by Elon Musk Learn More Join Our Telegram channel to stay up to date on breaking news coverage