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NFT Sales Dip 3.86% in the Past Week, Ethereum Dominates With $32M Revenue

NFT Sales Dip 3.86% in the Past Week, Ethereum Dominates With M RevenueOver the past week, non-fungible token (NFT) sales declined by 3.86% compared to the previous week. Leading the market, Ethereum-based NFT sales reached $32.81 million, which was approximately 10.06% lower than the previous week’s revenue. Weekly Digital Collectibles Sales Slide Following an 8% increase last week, sales of digital collectibles have declined. This week, NFT […]

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown

NFT Sales Rise 8% Higher Amid Broader Crypto Market Downturn

NFT Sales Rise 8% Higher Amid Broader Crypto Market DownturnOver the past week, non-fungible token (NFT) sales have increased despite the significant decline in the broader crypto market. Approximately $109 million in NFT sales were recorded, marking an 8.1% rise from the previous week. NFT Transactions Surge 45.57% as Weekly Sales Hit $109M NFT sales rebounded in the past seven days, climbing 8.1% to […]

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown

NFT sales fell 44% as crypto dipped, memecoins steal ‘mind share’ in Q2

Several PolitiFi and animal-themed memecoins continued to soar in the second quarter despite the broader market downfall, which NFTs were a part of.

A recent flood of celebrity, political, and animal-themed memecoins, along with a crypto market downturn, may have contributed to a 44% fall in the sale of non-fungible tokens (NFTs) in Q2, according Apollo Crypto’s investment chief. 

Data from CryptoSlam shows NFT sales fell from $4.14 billion in Q1 to $2.32 billion in Q2 as part of a broader market downfall.

“Q2 was a difficult market with Bitcoin declining by 15% and many altcoins performed significantly worse than that,” Henrik Andersson, chief investment officer at Apollo Crypto, told Cointelegraph.

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Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown

NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95%

NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95%Non-fungible token (NFT) sales increased by 10.95% this week compared to the previous week, marking the second consecutive week of gains. Despite a 76.7% drop in the number of buyers, blockchain-issued digital collectibles achieved $141.73 million in sales. NFT Market Trends: Bitcoin and Ethereum Lead Sales Volume In the previous week, NFT sales had risen […]

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown

Rising NFT Sales Highlight Market Recovery: $133M in Weekly Sales Recorded

Rising NFT Sales Highlight Market Recovery: 3M in Weekly Sales RecordedDuring the week of June 1-8, 2024, non-fungible token (NFT) sales experienced an increase compared to the previous week. NFT sales reached $133.19 million, a rise of 7.51%. NFT Market Gains 7.51% This Week This week’s NFT sales showed a 7.51% increase after several weeks of decline. The seven-day sales totaled $133.19 million, involving nearly […]

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown

Bitcoin Blockchain Records $3.82 Billion in NFT Sales, Secures Fourth-Largest Spot

Bitcoin Blockchain Records .82 Billion in NFT Sales, Secures Fourth-Largest SpotSince the launch of Ordinal inscriptions, Bitcoin-based non-fungible tokens (NFTs) have proliferated, with the blockchain documenting $3.82 billion in NFT sales across more than 3 million transactions. Bitcoin has now ascended to the fourth-largest blockchain by total NFT sales. From Counterparty to Ordinal: Bitcoin NFTs Hit $3.82 Billion in Sales In the first week of […]

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown

NFT Sales Dip Again: Ethereum Leads as Market Declines by 7.03%

NFT Sales Dip Again: Ethereum Leads as Market Declines by 7.03%Over the past week, non-fungible token (NFT) sales have declined again, slipping 7.03% compared to the previous week. During this period, $122.3 million in sales were recorded, with Ethereum-based NFTs taking the lead. 7-Day NFT Sales Slide 7.03% This week witnessed another seven days of subdued NFT sales, with Ethereum maintaining the lead and Bitcoin […]

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown

May Shatters Bitcoin Transaction Records, Highlighting a Year of Unparalleled Achievements

May Shatters Bitcoin Transaction Records, Highlighting a Year of Unparalleled AchievementsAccording to recent data, May has set new records for milestones within the Bitcoin network. Following the record-breaking number of transactions confirmed on April 23, four of the top five days with the highest transaction counts settled on the Bitcoin blockchain occurred in May. 2024: A Banner Year for Bitcoin Records The year 2024 has […]

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown

Ethereum Dominates NFT Sales Despite Overall Market Drop

Ethereum Dominates NFT Sales Despite Overall Market DropOver the past week, non-fungible token (NFT) sales declined by 8.99%, amounting to approximately $137 million. Ethereum topped the charts with $43 million in sales, marking a 20.26% increase from the previous week. NFT Market Shrinks by 8.99%, Ethereum and Bitcoin Lead in Sales NFT sales experienced a decline this week, falling by 8.99% compared […]

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown

Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions

Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See ReductionsBetween May 10 and May 17, non-fungible token (NFT) sales totaled $150.56 million, marking an 8.97% decline from the previous week’s figures. NFT sales have consistently decreased on a weekly basis, as four out of the top five blockchains by sales volume experienced reductions during this period. NFT Market Sees Consistent Decline In February, from […]

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown