Top Selling NFTs This Week – The NFT Market Turns Red Following SEC’s Attack On Crypto

The non-fungible token market has reacted sharply to the recent United States Securities and Exchange Commission stepped-up attacks against the crypto industry. The recent news about crypto exchange Binance freezing its United States crypto assets and that of USD withdrawal has attracted short fear among NFT traders.

Since the crypto clampdown began, NFT traders have either started liquidating NFTs or sitting on the sidelines. Either way, it’s clear we’re entering another new phase of the NFT bear market, as traders are being over-cautious. Below we have listed some of the top-selling NFTs this week:

Top Selling NFTs This Week: Daily Trading Sales Volume: CoinGecko.com

1. Bored Ape Yacht Club NFTs

Bored Ape Yacht Club, an NFT collection from digital asset firm Yuga Labs, has continued dominating our top-selling NFT list despite the recent uncertainty of the crypto market. In the past 24 hours, the NFT collection has attracted a trading sales volume of 8,675 ETH. It has a market cap of $797 million and a floor price of $79,702.

2. Wrapped CryptoPunks NFTs

Wrapped CryptoPunks is an NFT collection featuring original CryptoPunks wrapped with Ethereum standard tokens “ERC-721.”In the past 24 hours, the NFT collection has amassed a trading sales volume of 1,906 ETH. The NFT collection has a market capitalization of $80 million and a floor price of $105,876.

3. Mutant Ape Yacht Club NFTs

Mutant Ape Yacht Club is another NFT collection from Yuga Labs, featuring a limited edition of 20,000 NFTs on the Ethereum network. In the past 24 hours, the NFT collection has recorded a sales volume of 1,290 ETH, ranking third in our ten top-selling NFT list this week. The NFT collection has a market capitalization of $316 million and a floor price of $16,248.

4. Azuki NFTs

Azuki, an NFT collection from digital asset firm Chiru Labs, takes the fourth spot in our ten top-selling NFT list this week. In the past 24 hours, the blue-chip NFT collection has a trading sales volume of 1,131 ETH. The NFT collection has a market capitalization of 297 million and a floor price of $29,744.

5. The Captainz

The Captain, an NFT collection featuring a limited edition of 9,999 on the Ethereum network, takes fifth place in our ten top-selling NFT list this week. In the past 24 hours, the NFT collection has recorded a trading sales volume of 321ETH. The Captainz has a market cap of $157 million and a floor price of $15,747.

6. DeGods NFTs

DeGods, an NFT collection featuring a limited edition of 10,000 NFTs previously hosted on Solana and now on Ethereum, ranks sixth this week. In the past 24 hours, the NFT collection has attracted a trading sales volume of 296 ETH. It has a market capitalization of $143 million and a floor price of $16,411.

7. The Potatoz NFTs

The Potatoz is another NFT collection featuring a fixed set of 9,999 utility-enabled PFPs hosted on the Ethereum network. In the past 24 hours, the NFT collection has amassed a trading sales volume of 178 ETH, taking seventh position this week. The NFT collection has a market capitalization of $42 million and a floor price of $4,216.

8. Bored Ape Kennel Club NFTs

Bored Ape Kennel Club is another NFT collection from NFT pioneer Yuga Lab featuring a limited edition of 9,602 outlandish cartoon dogs on the Ethereum blockchain. In the past 24 hours, the NFT collection has recorded a trading sales volume of 171 ETH, ranking eighth this week. The NFT collection has a market cap of $68 million and a floor price of $6,997.

9. Milady Makers NFTs

Milady Makers is an NFT collection from digital asset firm Remilia, featuring a fixed set of 10,000 NFTs. In the past 24 hours, the NFT collection has attracted a trading sales volume of 163 ETH. Milady Makers NFT collection has a market capitalization of $47 million and a floor price of $4,844.

10. Otherdeed For Otherside NFTs

Otherdeed is an NFT collection from Yuga Labs’ metaverse game venture Otherside, featuring a limited set of 100,000 digital deeds. In the past 24 hours, the NFT collection has attracted a sales volume of 156ETH, closing our ten top-selling NFT list this week. It has a market capitalization of $92 million and a floor price of $1,610.

Despite the recent regulatory pressure, ordinals are on the rise. Wall St Bulls is another NFT collection attracting attention among investors. The ordinal collection was launched late last month by the Wall St Memes. The Instagram crypto group came into the spotlight in 2021 after launching an NFT collection, which sold in a record time of just 32 minutes. The team also has a meme token presale, which has already raised nearly $7 million in less than two weeks.

Related NFT News:

• Kraken NFT Marketplace Gains Traction Days After Official Launch – Here’s What You Need to Know
• Trademark Applications For NFTs And The Metaverse Drop Over 50% From 2022 – Analysis
• NFTs Feel The Crypto Regulatory Heat – Drop 17% In Sales Vol In The Past 7 Days

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