December 1, 2022

NFT Sales in November Improved, 14.46% Up Compared to October

NFT Sales

NFT Sales

The sales of NFTs in November showed some advancement compared to the prior month, as it witnessed an increase of %14.64%, recording
$547.73 million at the time of writing, Bitcoin News reported.

According to Cryptoslam.io, NFT sales went up 4.63% over the past seven days, as well as the NFT buyers by %13.80. However, the number of NFT buyers last month plunged 32.26% over the past 30 days and the quantity of NFT transactions went down 22.68% lower than last month’s number of NFT transactions.

Out of the $547.73 million in NFT sales, $423.61 million worth of those sales were Ethereum-based NFTs. Ethereum-based NFT sales are up 32.10% higher than last month, according to Cryptoslam’s figures.

The blue-chip NFTs were Bored Ape Yacht Club (BAYC) NFTs, which recorded sales worth $63.78 million, with an increase of %104.73, and CryptoPunks. The floor prices of BAYC and CryptoPunks during this period were 62.63 ether and 65.94 ether, respectively.

BAYC topped the NFTs collections in terms of sales over the past 30 days at the time of writing. Art Globbers NFTs followed BAYC NFTs in November, hitting $37.14 million in terms of sales with a jump of %84.25. BAYC and Art Globbers saw a remarkable rise in their transactions and buyers.

The top six NFTs, which saw an increase whether in sales or transactions or the number of buyers or sellers are Ethereum-based NFTs.

The blockchains that saw significant month-over-month declines include Cardano NFT sales down 58.39%, BNB shed 57.73%, Polygon NFT sales down by 67.33%, and Ronin-based and Avalanche-based NFT sales have dropped by 57.67% and %41.10 lower than the month prior, respectively.

The most expensive NFT sold over the past 30 days was Bored Ape Yacht Club #8,633 as it sold for $953,056 14 days ago, followed by BAYC #1,268, which sold eight days ago for $923,870 BAYC #232 which sold for $908,670 eight days ago. While the most expensive CryptoPunk NFT was #8,191 which sold for $438,158 28 days ago.

Tags :
Author profile

Whether you want to learn about NFT, Blockchain, Web3.0, Metaverse, or any other emerging technologies, we have the vital resources that will enlighten and help you make an informed decision.