The Weekly Rundown – NFT Sales March 26-31 2022

Fri, 01 Apr 2022 12:06:47 +0000

NFTs markets are stabilizing right now, and high-quality collections keep showing more traction and growth. It seems like the NFT gaming market is becoming more active by the day, and that’s where the biggest sales volumes are happening (most PFPs have games planned in their roadmaps).

Let’s quickly look at the data.

Big Sales of the Week

• • Fidenza #893 for $777k
  • PUNK #7971 for $734k
  • PUNK #4985 for $732k
  • wPUNK #416 for $685k

Top sales in the last 7 days by NonFungible.com

NFT Markets

OpenSea made $610M in sales with 182k buyers, almost a 2.65% increase in sales volume last week.

Magic Eden made $5.84M in sales with 19k buyers, almost a 57% increase in sales volume last week.

Solanart made $5.93M in sales with 7k buyers, almost a 222% increase in sales volume last week.

AtomicMarket made $2.44M in sales with 35k buyers, almost a 23% decrease in sales volume last week.

Rarible made $372k in sales with 629 buyers, a 35% decrease in sales volume last week.

LooksRare made $614M in sales with 5k buyers, almost a 1.68% increase in sales volume last week.

Metaverse

Every week we see the interest in metaverse worlds growing; people just throw the word metaverse around without realizing that different “metaverse platforms” are being developed. So here we cover the top ones.

Decentraland made $3.2M in sales with 386 buyers.

The Sandbox made $3.1M in sales with 343 buyers.

CryptoVoxels made $235k in sales with 53 buyers.

Somnium Space made $31k in sales with 1 buyer.

What Collectible Market Data is Telling Us

Top 4 collectibles by sales in the NFT space.

World Of Women Galaxy made $71M in sales with a total of 8,700 buyers who transacted 13,583 times.

Azuki made $56.7M in sales with a total of 572 buyers who transacted 891 times – a 60% increase in sales volume from last week.

Bored Ape Yacht Club made $44M in sales with a total of 103 buyers who transacted 117 times- a 30% decrease in sales volume from last week.

Mutant Ape Yacht Club made $35.2M in sales with a total of 388 buyers who transacted 481 times- a 23% decrease in sales volume from last week.

Crypto Games

There are more games that promise great gameplay and a big community every week. Currently, Axie Infinity is number one in the P2E world by daily active users. Below are the top 3 games in volume in the last 7 days.

DeFi Kingdoms made $382M in volume.

Axie Infinity made $166M in volume.

StartSharks made $11M in volume.

What CryptoArt is Telling Us

Let’s quickly break it down for perspective:

• January sold $61M
• February sold $45M
• March has sold so far $57M ($41M from Nifty Gateway sales)

Summary

NFTs are here for the long term. Not every project will be a success, but we are starting to get more clarity on who the possible winners are. The best approach here is to explore and learn about different projects and look at the community and data. At the end of the day they are just products, so buy what you like.

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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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