The Weekly Rundown – NFT Sales August 7-13 2021

The NFT markets are on fire lately with Penguins, Apes, Punks, and World of Women, with rug pulls also happening in the space; perhaps it is worth speculating if this might be the biggest run we have had so far.

OpenSea is exploding, and now with the new Ethereum upgrade, OpenSea is one of the biggest ETH burners.

Big Sales of the Week

CryptoPunk #2338 for $4.35M
Bored Ape Yacht Club #3749 for $1.29M
CryptoPunk #8805 for $1.28M
Ringers #52 for $1.17M

What Collectible Market Data is Telling Us

Collectibles Aug 13

Top 4 Collectibles

Axie Infinity made $217.3M in sales with a total of 103k buyers who transacted 404k times – a 7.41% increase from last week.

CryptoPunks made $64.5M in sales with a total of 204 buyers who transacted 289 times – a 68% decrease in sales volume from last week.

Art Blocks made $48.9M in sales with a total of 2,257 buyers who transacted 5,642 times – a 1% decrease in sales volume from last week.

Bored Ape Yacht Club made $30.6M in sales with a total of 360 buyers who transacted 477 times – a 35% decrease in sales volume from last week.

NFT Markets

NFT Markets Aug 13

The biggest NFT markets or marketplaces where you can buy technically any NFT standard on the Ethereum network are OpenSea and Rarible.

OpenSea made $475.5M in sales with 76k buyers, almost a 48% increase in sales volume from last week.

Rarible made $3.8M in sales with 3,271 buyers, a 23% decrease in sales volume from last week.

Top 4 New Collectibles in the Last 7 Days

New Collectibles Aug 13

This is a new segment where we evaluate the 4 latest best-selling collectibles every 7 days, according to OpenSea rankings.

Fluf World made $28.3M in sales.

World of Women made $13.3M in sales.

Vox Collectibles made $12.5M in sales.

FVCK_CRYSTAL// made $10.8M in sales.

What CryptoArt is Telling Us

Crypto Art Aug 13

CryptoArt sales are quickly bouncing up, with a great launch from FVCKRENDER. So let’s quickly break it down:

  • June sold $16.18M
  • July has sold $20.9M
  • August has sold $24.3M

Art sales are picking up really strong this month; it looks that we are on track to do June and July sales amount together, meaning a total sales of $35-$40M for the month of August. We still have unique art and 1/1 outperforming open edition and multiple edition pieces. And SuperRare has sold more this month than Nifty Gateway.

Summary

Markets seem to be heating up a bit, like in early February, but we have more people in the space this time around, and it would be interesting to see how all of this develops in the future.

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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.

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