The Weekly Rundown – NFT Sales July 17-23 2021

The NFT markets keep expanding every day, established projects are reaching new highs, and new ones are just selling like hotcakes. That’s why we added a new section where we show you guys the top 4 selling new collectibles in the last 7 days.

Big Sales of the Week

CryptoPunk #5002 for $385k
CryptoPunk #5690 for $354k
Wave 4/Summer Jam Sale – 12×12 Estate L [48,120] for $278k
Autoglyph #361 for $233k

A General Overview on the Markets

Axie Infinity is still exploding, but we all know that. Another project starting to have bigger sales is The Sandbox, so that’s something to look at. New projects keep popping up every day, but not all of them will be here with us in the next couple of years, so choose carefully.

What Collectible Market Data Is Telling Us

Collectible Markets Jul 23

Top 4 Collectibles

Axie Infinity made $125.6M in sales with a total of 78k buyers who transacted 291k times – a 35% decrease from last week.

Bored Ape Yacht Club made $14.3M in sales with a total of 619 buyers who transacted 913 times – a 23% increase in sales volume from last week.

Art Blocks made $10.9M in sales with a total of 1,522 buyers who transacted 5,622 times – a 72% increase in sales volume from last week.

Bored Ape Kennel Club made $10.5M in sales with a total of 1,138 buyers who transacted 2,405 times – a 700% increase in sales volume from last week.

NFT Markets

NFT Markets Jul 23

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

OpenSea made $78.8M in sales with 30k buyers, almost a 23% increase in sales volume from last week.

Rarible made $3.4M in sales with 3,478 buyers, a 17% increase in sales volume from last week.

Top New Collectibles

New Collectibles July 23

Top 4 NEW Collectibles

This is a new segment where we will be evaluating a set of the 4 latest best-selling collectibles every 7 days, according to OpenSea rankings.

Sup Ducks made $4.3M in sales with a total of 4,360 transactions.

The Doge Pound made $1.9M in sales with a total of 2,766 transactions.

Crypto Hodlers made $1.6M in sales with a total of 3,072 transactions.

Weird Whales made $1.6M in sales with a total of 4,342 transactions.

What CryptoArt Is Telling Us

Crypto Art Sales July 23

CryptoArt sales are still slowing down. So let’s quickly break it down:

  • July 2020 sold $1.01M
  • July has already sold $11.3M

It could be said that the CryptoArt market is in a downward trend, and it is if you take into consideration the peak during March, but if you expand your research, you can quickly see that we are 11x in sales volume compared to last year at this exact date. So always keep your eyes on the big picture.

Summary

The NFT space still needs better infrastructure to be built and integrated, but slowly and surely, we will get there. Let’s just enjoy the small and big wins in the space, collect NFTs, and create them.

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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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