While digital currencies suffered this past month, NFT sales dropped by 74.44% during the last 30 days.
Data shows that during the last seven days, NFT sales have slipped 17.33% lower than the sales recorded the week prior. NFT floor values for popular collections have rebounded this week in terms of ethereum value, but with ether’s exchange rate so low, blue chip NFTs are selling for a lot less than they did last month.Coinciding with the crypto bear market, NFT sales and interest have been dragging.
Solana took the second largest number of sales this past week with $22.31 million sold, up 3.56% higher than the week before. Binance Smart Chain was the third largest in terms of sales with $3.16 million, but BSC-based NFT sales slipped 32.45% lower this past week.Meanwhile, the NFT collection with the highest floor value is Bored Ape Yacht Club as the floor value is currently 90
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