The Weekly Rundown – NFT Sales July 31 – August 6 2021

Punks week! That’s the only way to describe last week where we had more than 9 punks sold in the 7-figure range and more than $189.5M in sales. But they are not the only ones, lots of NFT projects are starting to take off, and we have new ones that are being noticed, like World of Women.

OpenSea is exploding with $310.5M in sales in just the last 7 days! And Rarible had almost $5M sales in the last 7 days.

Big Sales of the Week

CryptoPunk #5217 for $5.45M
CryptoPunk #2140 for $3.76M
CryptoPunk #7252 for $2.53M
CryptoPunk #3831 for $2.08M

What Collectible Market Data is Telling Us

Collectible Markets - Aug 6th

Top 4 Collectibles

Axie Infinity made $200M in sales with a total of 89k buyers who transacted 366k times – a 20% increase from last week.

CryptoPunks made $189.5M in sales with a total of 636 buyers who transacted 1,312 times – a 1,000% increase in sales volume from last week.

Art Blocks made $49.1M in sales with a total of 3,175 buyers who transacted 10,923 times – a 107% increase in sales volume from last week.

Bored Ape Yacht Club made $46.5M in sales with a total of 802 buyers who transacted 1,292 times – an 860% increase in sales volume from last week.

NFT Markets

NFT Market Sales - Aug 6th

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

OpenSea made $310.5M in sales with 49k buyers, almost a 249% increase in sales volume from last week.

Rarible made $4.9M in sales with 3,559 buyers, a 30.5% increase in sales volume from last week.

Top 4 New Collectibles in the Last 7 Days

New Collectibles - Aug 6th

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

Tom Sachs Rocket Factory made $12.6M in sales.

Animetas made $10.8M in sales.

The Vogu Collective made $6.8M in sales.

World of Women made $4.6M in sales.

What CryptoArt is Telling Us

Crypto Art Sales August 6th

CryptoArt sales are starting to increase slowly. So let’s quickly break it down:

  • June sold $16.18M
  • July has sold $20.9M
  • August has sold $10.75M

Art sales are picking up since last month and concurrently with the recent NFT boom. But compared to last March, unique art and 1/1 are outperforming open edition and multiple edition pieces. As of the last 7 days and for the first time in the last 12 months, SuperRare flipped Nifty Gateway on sales.

Summary

NFTs are obviously not dead, but you already knew that. The markets still look healthy but with an increase in FOMO in CryptoPunks and BAYC. So let’s see how sales develop in the next couple of weeks.

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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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