NFT Sales Soar, Surpass $325.09 Million in a Week
Date: 2023-12-11 Author: Dima Zakharov Categories: BLOCKCHAIN
Breaking Down the Numbers:
Between December 4th and 10th, 2023, NFT transactions reached an unprecedented $325.09 million, outperforming October's $308.23 million. Despite a decrease in unique buyers from 335.41k to 223.05k, the total number of transactions surpassed 2 million, a milestone unseen since late August.
Average Purchase Values:
While average NFT purchase costs were $41.45 in August, they soared to $156.36 last week. Notably, investors spent a total of $446.26 million from December 1st to 11th, hinting at a potential market surge, possibly surpassing $1 billion by December's end.
Top Collections:
Leading the market were SATS BRC-20 NFTs on the Bitcoin blockchain, reaching $18.22 million in sales. Sentry Node License on Arbitrum and Tensorians on Solana followed closely with $14.11 million and $12.73 million, respectively.
Shifting Tides for Established Collections:
Surprisingly, Bored Ape Yacht Club (BAYC) dropped to the 12th position with a 54.8% decline to $4.33 million. CryptoPunks ranked 19th with $2.81 million, while the once-popular Azuki digital collection fell to 27th place with $2.19 million.
