The Weekly Rundown – NFT Sales July 1-8 2022

Crypto lending companies keep imploding and that’s having a big effect on the crypto market and NFT market, but crypto is here to stay.

Let’s quickly look at the data.

Big Sales of the Week

Top sales in the last 7 days by NonFungible.com

NFT Markets

OpenSea made $109M in sales with 175k buyers, almost a 13% decrease  in sales volume last week.

LooksRare made $6.6M in sales with 4k buyers, almost a 6% decrease  in sales volume last week.

Magic Eden made $14M in sales with 77k buyers, almost an 28% decrease in sales volume last week.

Solanart made $30k in sales with 414 buyers, almost a 34% increase in sales volume last week.

AtomicMarket made $700k in sales with 22k buyers, almost a 27% decrease in sales volume last week.

Rarible made $42k in sales with 387 buyers, a 73% decrease in sales volume last week.

What Collectible Market Data is Telling Us

Top 4 collectibles by sales in the NFT space.

Bored Ape Yacht Club made $11.7M in sales with a total of 93 buyers – a 8% decrease in sales volume from last week.

Sorare made $7.8M in sales with a total of 17k buyers – a 57% increase in sales volume from last week.

ENS made $7.3M in sales with a total of 6k buyers – a 195% increase  in sales volume from last

Otherdeeds made $6M in sales with a total of 739 buyers – a 38% decrease in sales volume from last

Average Floor in the Last 7 Days for Top Collectibles

This section is brought to you by NFT Price Floor data feeds. They collect NFT floor prices every 5 minutes.

Bored Ape Yacht Club avg. floor of 90 ETH

Sorare avg. floor of 0.017 ETH

Otherdeeds avg. floor of 2.83 ETH

Crypto Games

There are more games that promise great gameplay and a big community every week. Currently, Axie Infinity is number one in the P2E world by daily active users. Below are the top 3 games in volume in the last 7 days.

Axie Infinity made $46M in volume.

DeFi Kingdoms made $1.2M in volume.

The Sandbox made $39M in volume.

Summary

Markets keep doing their thing, but crypto and NFTs are here to stay. Ignore the noise, educate yourself and contribute to the ecosystem. Be part of this tech revolution that is going on. Do you want to be the guy that participated in the movement or the one that was just looking around?

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*All investment/financial opinions expressed by NFT Plazas are from our site moderators’ research and experience and are intended as educational material only. Individuals are required to research any product before making any investment thoroughly.