NFT Market Thrives Amid Crypto Price Dip
The NFT market is showing strength despite the crypto market’s downturn. Bitcoin has fallen to $96,000, and Ethereum is stuck around $2,600. The global crypto market cap has dropped to $3.18 trillion, according to coinmarketcap.
However, NFT sales volume has surged to $152.9 million, a 19.60% increase from the previous week, as per CryptoSlam data. This growth is evident across all metrics.
- NFT sales volume rose to $152.9 million from $112.7 million.
- NFT buyers increased 64.53% to 335,666.
- NFT sellers grew 49.30% to 237,123.
- NFT transactions climbed 4.73% to 1,574,998.
Ethereum NFT sales jumped 42.71% to $79.1 million. Bitcoin NFT sales, though down 26.59%, still reached $20.6 million. Mythos Chain, Solana, and polygon also saw growth in NFT sales.
DMarket leads with $10.2 million in sales. Doodles took second place with $9.9 million. Notable sales include CryptoPunks #7685 for $166,289.
For more details, check the CryptoSlam data.
