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Seven days ago, non-fungible token ($NFT) marketplaces saw sales nosedive after reaching all-time highs during the month of August. A week later sales have rebounded to a degree and $NFT marketplaces like Opensea, Rarible, and Superrare have seen improvements in terms of seven-day trade volumes.
Opensea, Rarible, Hic et nunc, Makersplace, Superrare See $NFT Weekly Volumes Improve
On September 12, 2021, Bitcoin.com News reported on the fact that non-fungible token ($NFT) sales had plummeted 86% on September 10 from a mid-August all-time sales high. The report noted that the top $NFT marketplace by sales volume, Opensea, saw its seven-day sales slide 52.47%. A variety of $NFT markets and popular collections had seen sales slow down dramatically between September 10th to the 13th.
However, a week later, $NFT sales are rebounding to some degree and popular markets and collections are picking up steam. Statistics from dappradar.com indicate that Opensea saw $629.35 million in trade volume across 172,267 traders.
Weekly volume has improved by 0.94% and the number of Opensea traders has jumped by 9.02%. Opensea is compatible with the Ethereum and Polygon networks. The second-largest $NFT project by weekly volume on September 19 is Axie Infinity with $110.61 million in seven-day sales.
Despite being the second-largest in terms of seven-day volume, Axie Infinity volume is ultimately down 23.93% during the last week. Rarible’s volume during the week was $4.9 million and it’s up 60.27% higher than last week.
The Tezos-powered Hic et nunc $NFT marketplace raked in $4.51 million and is up 35.69% this week. The marketplace Superrare.co took in $3.31 million and increased 11.92% in seven days. Makersplace did well this week raking in about $557K in trade volumes and an increase of 31.83%.
NBA Top Shot, Atomicmarket, Aavegotchi, Foundation $NFT Volumes Slide — Old 2017 Rare Pepe Series 1 Card Enters Top Ten Sales
NBA Top Shot, Atomicmarket, Aavegotchi, and Foundation all saw losses in weekly trade volume as percentage losses range between 17.94% to 59.53%. The largest $NFT sale this week stemmed from the Bored Ape Yacht Club (BAYC) collection, as BAYC #81 sold for $1.9 million this week.
A dominant force in this week’s top ten $NFT sales includes NFTs stemming from the Artblocks collection. An older $NFT, RAREPEPE Card 1, Series 1 sold for $683.75K or 200 ether 18 hours ago making it into the top ten $NFT sales category this week.
Weekly stats from nonfungible.com’s market data indicates that last week’s $NFT sales on September 11 were around 36,095 sales. This week there are now 46,390 $NFT sales with an increase of around 28.52%. In terms of the number of unique wallets which bought or sold an $NFT asset, nonfungible.com stats show 31,255 active market wallets.