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Digital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month Prior

While digital currencies suffered this past month, non-fungible token (NFT) sales dropped by 74.44% during the last 30 days. Data shows that during the last seven days, NFT sales have…

Continue ReadingDigital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month Prior

Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink

Non-fungible token (NFT) sales are down a great deal, as 30-day statistics show NFT sales recorded last month saw just over $4.6 billion settled but today, sales are down 65.43%…

Continue ReadingMonthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink

Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million

A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has recorded $22.85 million in sales this week surpassing Otherdeed’s $20.73 million. At the…

Continue ReadingFree-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million

Bored Ape and Cryptopunk Values Wobble — During the Last Month, Blue-Chip NFT Floor Values Dropped Over 50%

While the crypto economy has dropped considerably in value during the last few weeks, seven-day statistics indicate non-fungible token (NFT) sales are down 17.32% lower than last week. Data also…

Continue ReadingBored Ape and Cryptopunk Values Wobble — During the Last Month, Blue-Chip NFT Floor Values Dropped Over 50%

Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion

Statistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen different blockchains, has officially surpassed $36 billion. While there are…

Continue ReadingCumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion

Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy

The effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the…

Continue ReadingTrust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy

Crypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down 64%

As markets slid in value during the past week, non-fungible token (NFT) floor values have dropped considerably. Blue-chip NFT collections like Bored Ape Yacht Club (BAYC), Cryptopunks, and more have…

Continue ReadingCrypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down 64%

Crypto Downturn Shakes Digital Collectible Markets as NFT Sales Slip 42% Lower Than Last Week

Non-fungible token (NFT) markets are starting to feel the pain from the crypto market carnage that’s taken place during the last week. Over the last seven days, NFT sales have…

Continue ReadingCrypto Downturn Shakes Digital Collectible Markets as NFT Sales Slip 42% Lower Than Last Week

$1.7 Billion in NFT Sales Fueled by Otherdeed Trades — NFT Volume Jumps 74% Higher Than Last Week

With the help of the Bored Ape Yacht Club’s Otherside land sale, non-fungible token (NFT) sales have increased a great deal this week. NFT sales increased 74.77% during the last…

Continue Reading$1.7 Billion in NFT Sales Fueled by Otherdeed Trades — NFT Volume Jumps 74% Higher Than Last Week

WSJ says ‘the NFT market is collapsing’ but the data says otherwise

An article by the WSJ suggesting the non-fungible token (NFT) market is “collapsing” doesn’t show the full picture as contrasting analysis reveal a consolidation is instead taking place.

Continue ReadingWSJ says ‘the NFT market is collapsing’ but the data says otherwise