{"id":16009,"date":"2022-12-31T21:22:09","date_gmt":"2022-12-31T21:22:09","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/nft-sales-continue-to-decline-with-eth-based-nfts-seeing-a-20-drop-in-the-past-week-markets-and-prices-bitcoin-news\/"},"modified":"2022-12-31T21:22:09","modified_gmt":"2022-12-31T21:22:09","slug":"nft-sales-continue-to-decline-with-eth-based-nfts-seeing-a-20-drop-in-the-past-week-markets-and-prices-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/nft-sales-continue-to-decline-with-eth-based-nfts-seeing-a-20-drop-in-the-past-week-markets-and-prices-bitcoin-news\/","title":{"rendered":"NFT Sales Continue to Decline, With ETH-Based NFTs Seeing a 20% Drop in the Past Week \u2013 Markets and Prices Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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Non-fungible token (NFT) sales over the last seven days are ending the year 13.97% lower than the week prior. During the last week, statistics show that $147,054,554 in NFT sales were recorded across 334,668 NFT buyers.<\/strong><\/p>\n

NFT Sales Continue to Slip: 13.97% Decrease in Last Seven Days<\/h2>\n

NFT sales are down this week, 13.97% lower than last week according to cryptoslam.io metrics<\/a>. 2022 hasn\u2019t been a good year for NFTs as sales and NFT values have slid dramatically over the last 12 months. Out of the $147.05 million in NFT sales this past week, NFTs that derived from Ethereum (ETH<\/a>) represented $113.86 million of the aggregate sold in seven days. However, ETH-based NFT sales slipped by 20.4% during the past week.<\/p>\n

\"NFT
Seven-day sales according to cryptoslam.io stats on Dec. 31, 2022.<\/figcaption><\/figure>\n

Solana NFT sales jumped 91.36% higher this week as the chain saw $23.64 million in seven-day sales. While Solana\u2019s increase was large, Waves-based NFT sales increased by 302.59% but only sold $7,609 worth of NFTs. Theta\u2019s NFT sales jumped by 132.29% over the last week but only sold $358 worth of digital collectibles.<\/p>\n

Bored Ape Yacht Club (BAYC) was this week\u2019s top collection in terms of seven-day sales as it raked in $12.59 million. However, the $12.59 million over 144 sales is 47.05% lower than BAYC\u2019s sales last week. BAYC is followed by Otherdeeds, Mutant Ape Yacht Club (MAYC), Azuki, and Cryptopunks, respectively. Cryptopunks managed to jump 94.71% higher in terms of sales this week compared to last week\u2019s sales.<\/p>\n

The Solana NFT project Degods, which plans to transition the NFTs to the Ethereum chain, saw sales climb 253.80% higher than Degods\u2019 sales last week. Data shows the most expensive digital collectible sold over the past seven days was Azuki #4,690 which sold three days ago for $216K. Azuki #4,690 was followed by Azuki #2,311, Azuki #9,446, and Bored Ape Yacht Club #193.<\/p>\n

The top three most expensive floor value prices for NFTs today include BAYC, Cryptopunks, and Mutant Ape Yacht Club. BAYC has a floor value of 69.49 ETH<\/a> according to nftpricefloor.com, while the Cryptopunks floor value is currently 65.47 ETH<\/a>.<\/p>\n

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\nTags in this story
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2022<\/a>, Azuki<\/a>, Azuki Sales<\/a>, BAYC sales<\/a>, Blockchain<\/a>, Blue-Chip NFTS<\/a>, Bored Ape<\/a>, Bored Ape Yacht Club<\/a>, cryptopunks<\/a>, cryptoslam.io<\/a>, Digital Collectibles<\/a>, Floor Values<\/a>, Google Trends NFT<\/a>, Interest<\/a>, nft<\/a>, NFT collections<\/a>, NFT industry<\/a>, NFT interest<\/a>, NFT owners<\/a>, NFT sales<\/a>, NFT sales volume<\/a>, nftpricefloor.com<\/a>, NFTs<\/a>, Traders<\/a><\/div>\n<\/div>\n

What\u2019s your opinion on the NFT sales this week? Do you predict that 2023 will be a better year for NFTs? Share your thoughts on this topic in the comments section below.<\/strong><\/em><\/p>\n

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\nJamie Redman <\/h6>\n

\nJamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

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