Bitcoin’s BRC-20 NFTs secured the top sales volume over the past seven days, generating $15.6 million in revenue. Despite a 45.76% decrease in sales, the collection saw 10,978 transactions involving 5,350 buyers. However, seller participation dropped by 38.69%, highlighting shifting dynamics in market activity.
MGGA Hat Collection Shines on Polygon
The MGGA Hat collection on Polygon emerged as 2nd ranked key player, with sales reaching $11 million. This collection registered 4,271 transactions involving an equal number of buyers, showcasing a concentrated but effective market presence. Notably, the collection maintained a stable activity level without significant fluctuation.
Ethereum-based CryptoPunks ranked third, generating $9.4 million in sales from 66 transactions. However, sales activity dropped by 60.87%, reflecting a notable reduction in buyer interest. With only 44 buyers and sellers, the collection exhibited relatively stable participation amidst broader declines in activity.
NFT Growth and Trends Over the Past Week
DMarket on the Mythos blockchain maintained its upward trajectory, reporting $5.7 million in sales. The platform demonstrated strong engagement with 215,045 transactions involving over 14,800 buyers. Additionally, a modest 2.38% growth in sales volume indicates steady market expansion.
Immutable-ZK’s Guild of Guardians registered $5.5 million in sales, with a 47.16% increase in sales volume. The collection recorded 6,928 transactions involving over 4,000 buyers, emphasizing its growing influence within the NFT space. Bitcoin’s uncategorized NFTs surged with a trading volume of $5.52 million, marking an impressive 276.4% increase. However, its transaction counts dipped by 34.48%, highlighting a nuanced market behavior.
Ethereum-backed Bored Ape Yacht Club (BAYC) maintained a $4.76 million volume but faced a slight 2.98% increase. Pudgy Penguins excelled with a 36.15% trading spike, maintaining consistent user engagement. Bitcoin Puppets and Milady Maker stood out for mixed trends. While Bitcoin Puppets had a 42.49% trading decline, Milady Maker saw a 37.54% surge, signaling varied investor preferences.
Source: https://blockchainreporter.net/top-nft-collections-by-weekly-sales-volume/