NFT gross sales drop however Pudgy Penguins gross sales soar 39% in every week

The NFT market has pulled again alongside broader crypto weak point, with Bitcoin falling to $101,000 and Ethereum dropping to $3,200.

Newest CoinMarketCap knowledge reveals that the general crypto market cap has slipped to $3.5 trillion from final week’s $3.58 trillion.

In line with CryptoSlam knowledge, NFT gross sales quantity has fallen 29.45% to $138 million this week. Regardless of the drop in whole gross sales, market participation has grown, with extra merchants getting into the house.

The weekly metrics inform a combined story:

NFT gross sales quantity fell to $137.9 million from $198.1 million
NFT patrons rose 31.92% to 589,960
NFT sellers elevated 33.23% to 425,135
Transactions declined 4.35% to 1,412,615

Ethereum NFT gross sales drop, Mythos Chain gross sales rise

Ethereum (ETH) NFT gross sales dropped 40.35% to $67.9 million, although purchaser numbers grew 20.59% to 58,632. Wash buying and selling fell 57.40% to $28.8 million.
Bitcoin (BTC) NFTs noticed a 32.45% decline to $17.4 million, whereas purchaser participation rose 35.12% to 46,714.
Mythos Chain jumped to 3rd place with $13.6 million, rising 4.13%.
Solana (SOL) fell to fourth with $12.4 million, down 39.21%.
Polygon (POL) entered the highest 5 with $8.1 million, posting an 85.18% improve.

Supply: Blockchains by NFT Gross sales Quantity (CryptoSlam)

NFT collections present combined outcomes

Pudgy Penguins took the lead with $13.9 million in gross sales, up 38.49%. Their surge introduced extra exercise, with transactions rising 106.21% and patrons up 20.80%.

DMarket held second place with $8.5 million, rising 7.30% and sustaining excessive quantity with 307,776 transactions. Azuki dropped to 3rd with $7.3 million, falling 74.73%.

Courtyard, a brand new entrant on Polygon, claimed fourth place with $7.2 million, surging 155.57%. CryptoPunks rounded out the highest 5 with $5.7 million, down 31.19%.

Prime gross sales this week included: