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NFT

CryptoPunks Leads Daily NFT Sales with Over $1.34 Million

CryptoPunks Leads Daily NFT Sales with Over $1.34 Million
  • PublishedJuly 2, 2024

On June 25, CryptoPunks dominated the NFT sales market, outperforming other collections and generating significant buyer engagement. According to CryptoSlam, CryptoPunks topped the daily NFT chart on Tuesday with $1.34 million in sales, driven by transactions involving six unique buyers and sellers. The average price per NFT in this collection was $224,950.

This impressive performance pushed CryptoPunks’ all-time sales volume to $2.85 billion, placing it third in the industry behind Axie Infinity and Bored Ape Yacht Club. The collection’s success underscores its enduring appeal and significant market presence.

Following CryptoPunks, the second-ranking collection of the day was NodeMonkes, a Bitcoin-based collection. NodeMonkes achieved $881,042 in sales across 84 transactions, involving 72 unique buyers and 60 sellers. This marks a substantial increase from the previous day’s sales of $428,913, indicating growing interest and activity in this collection.

Bored Ape Yacht Club secured the third position with $787,642 in sales from 25 unique buyers, matching the number of sellers. This figure represents a slight increase from the previous day’s total of $474,204. As a consistent performer in the NFT space, Bored Ape Yacht Club continues to attract significant market activity on the Ethereum blockchain.

Other notable movements in the NFT market included Milady NFT on the Polygon blockchain, which saw a dramatic rise in sales from just $10.43 the previous day to $650,064 on June 25. Similarly, Sunny Girl, also on Polygon, experienced a sales surge to $650,022 from a mere $10.97, highlighting the dynamic nature of the NFT market and the potential for rapid growth.

CryptoPunks Leads Daily NFT Sales with Over $1.34 Million

Bitcoin Puppets generated $630,740 in sales, while DMarket, with a vast owner base of 397,931, accumulated $572,784 in sales. Pudgy Penguins also made headlines with a daily total of $497,713, continuing to capture the attention of NFT enthusiasts.

Gods Unchained Cards amassed $465,640 in sales, further showcasing the diversity of successful collections in the market. Ethereum-based Milady Maker, ranked eighth, saw a daily sales volume of $402,683, with 36 unique buyers and 27 sellers participating in the transactions.

The Ethereum network, home to Tuesday’s NFT leader CryptoPunks, led all blockchains in NFT sales on Tuesday with $4.74 million. This highlights Ethereum’s dominant position in the NFT space, consistently generating high sales volumes.

Trailing behind, the Polygon blockchain recorded $3.92 million in sales, a notable increase from the previous day’s $2.76 million. This rise underscores Polygon’s growing influence and adoption in the NFT market.

The NFT market continues to exhibit robust activity and innovation, with collections like CryptoPunks and NodeMonkes setting the pace. The substantial sales figures and increasing buyer engagement reflect the growing interest and investment in digital collectibles.

CryptoPunks, in particular, remains a beacon of success in the NFT world, consistently achieving high sales volumes and maintaining its status as a top-performing collection. The $1.34 million in daily sales underscores its enduring appeal and the willingness of buyers to invest significant sums in these digital assets.

NodeMonkes’ performance also highlights the expanding diversity of the NFT market. As a Bitcoin-based collection, its substantial sales growth indicates a widening acceptance and interest in NFTs across different blockchain platforms. This trend suggests that the NFT market is not confined to Ethereum alone but is expanding to include other blockchains like Bitcoin and Polygon.

The surge in sales for collections on the Polygon blockchain, such as Milady NFT and Sunny Girl, illustrates the dynamic and rapidly evolving nature of the NFT market. These dramatic increases in sales volumes demonstrate the potential for rapid growth and the ability of collections to capture the attention of buyers quickly. In summary, the NFT market continues to thrive, with CryptoPunks leading the charge and new collections like NodeMonkes and Milady NFT gaining traction. The high sales volumes across different blockchains, including Ethereum and Polygon, reflect the diverse and vibrant nature of the market. As the NFT space continues to evolve, it remains a dynamic and exciting sector for investors and enthusiasts alike.

Written By
Ridham Jitiya

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