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NFTs start December with a 7M weekly sales volume

NFTs start December with a $187M weekly sales volume

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Source: Coin Telegraph

Pudgy Penguins recorded $25 million in sales, while CryptoPunks had a weekly volume of $16.5 million.

Non-fungible tokens (NFTs) started strongly in December, with Ethereum leading the top digital collectible blockchains in sales. 

On Dec. 8, NFT data tracker CryptoSlam showed that digital collectibles recorded a weekly sales volume of over $187 million in the first week of December, continuing an upward trend since October. The starting week in December surpasses digital collectibles’ strongest week in November when NFTs had a sales volume of $181 million. 

Since March, NFT volumes decreased before reaching their lowest point in September, when NFTs saw their lowest monthly sales volume since 2021. However, the asset class recovered in October. This was followed by a 57% month-on-month increase as NFTs saw volumes of over $562 million in November. 

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Author: Ezra Reguerra