The latest edition of Boardroom’s NFT Sales Roundup includes updates from Bored Ape Yacht Club, Silvergate Capital, Azuki, and more.
NFT sales volume is down this week, with sales for blue-chip projects like Bored Ape Yacht Club, Otherdeed, and Mutant Ape Yacht Club taking a big dive.
CryptoSlam’s data shows that over 594,000 buyers spent over $187.1 million on NFTs in the past seven days, down nearly 37% compared to the previous week. NFT activity is up 3% overall, with roughly 1.7 million transactions going through between Feb. 24 and March 3. Once again, Yuga Labs-focused sales brought in the most this week.
NFT sales and blockchain volume changes over the past week, per CryptoSlam:
- Ethereum (-41%) and Solana (-16%) sales are down this week, with the blockchains attracting $153.1 million and $14.5 million, respectively.
- Doodles (-78%) and Moonbirds (-74%) sales are drastically down, with the projects attracting $972,565 and $1.3 million, respectively.
- ImmutableX (+6%) and Cardano (+11%) sales are up, with the blockchains attracting $6.1 million and $2.3 million, respectively.
- For the first time in a long time, Yuga Labs’ projects didn’t dominate top NFT sales, even though BAYC still reigns superior.
- Fan token sales are down nearly 15%, with the market bringing in $686.1 million. Some of the top-selling fan tokens include SANTOS FC ($127.4 million), FC Porto ($125.8 million), and Lazio ($75.4 million).
Highest-selling NFT projects, also via CryptoSlam:
- Bored Ape Yacht Club: $10.5 million (-60%)
- MG Land: $9.4 million (+31%)
- Sewer Pass: $8.1 million (-13%)
- Momoguro: Holoself: $7.9 million (0%)
- Otherdeed: $5.3 million (-51%)
More NFT and crypto news:
- Silvergate Capital’s stock took a plunge after the crypto bank delayed its annual report and admitted that its business might not be as viable as it expected. Coinbase, Galaxy Digital, and other crypto exchanges dropped Silvergate as their banking partner.
- While all of Yuga Labs’ top NFT collections are trading in the red this week, the Web3 giant is preparing to launch a Bitcoin-based project called TwelveFold.
- RTFKT launched a new partnership with Ledger that includes a capsule collection of Ledger products and educational programming.
- Disgraced FTX co-founder and former director of engineering Nishad Singh finally pleaded guilty to fraud charges and agreed to testify against former FTX CEO Sam Bankman-Fried.
Get on our list for weekly sports business, industry trends, interviews, and more.
Top NFT Sales of the Week
Sewer Pass #21915 sold for $1.6 million (1,000 WETH) on Feb. 27. This NFT was awarded to pro gamer Mongraal after he achieved the top score in Yuga Labs’ Dookey Dash game.
Autoglyph #335 sold for $400,349 (250 WETH) on Feb. 24.
Azuki #2904 sold for over $350,000 (220 ETH) on Feb. 26.
Bored Ape #7114 sold for $188,321 (114.95 ETH) on Feb. 26.
CryptoPunk #4456 sold for $182,261 (110 ETH) on March 1.
Read More NFT Sales Roundups:
The State of Crypto: January to June 2023
Boardroom takes a deep dive into the state of cryptocurrencies, NFTs, and blockchain activity in the first six months of the year. Coinbase is a sponsored partner of Boardroom. One might argue that NFTs…
NFT Sales Roundup: Golden Bored Ape Sells for $1.2 Million
The latest edition of Boardroom’s NFT Sales Roundup includes updates from Coinbase, Pudgy Penguins, Garbage Bags, and more. …
