Not Falling Anymore: Cutie NFT And Item Market Overview
Last week we saw how crypto winter affected what’s going on in Cutieland. In-crisis conservative strategies stalled many of the market processes.
This week, we no longer see the trends that troubled us before. The situation is stabilizing, and we are likely to enjoy significant growth in the coming weeks.
Blockchain Cutie NFT Sales
Cutie NFT sales are already showing signs of recovery.
During the last week, 168 Cuties got sold — an increase of 17% compared to the previous week.
This is how it went day by day:
Last week’s Cutie NFT sales consisted of:
- EOS — 75 Cuties sold (↑56%)
- HECO — 23 Cuties sold for an average price of 0.4 HT (↑77%)
- MATIC — 46 Cuties sold for an average price of 2.6 MATIC (↓10%)
- TRON — 24 Cuties sold for an average price of 68 TRX (↓25%)
An increase in sales mostly benefited bears (↑79%) and cats (↑42%).
The pattern of demand seems to be moving to favor less experienced fighters of low generations.
Currently, Cutieneers are four times more likely to breed their new pet instead of buying it on the market.
Offchain Item Sales
During last week Cutieneers made:
- 1K buy orders (↓16%)
- 2,6K sell orders (↑6%)
- 1,3K purchases on sell orders (↑30%)
- 1,3K sales on buy orders (↓21%)
We see both demand and supply sides stabilizing after a recent fall.
TRON remains in the lead by the number of sales made. The share of other blockchains remains stable.
Last week’s trades consisted of:
- EOS — 185 (↑30%) deals 63 EOS (↑114%)
- ETHEREUM — 138 (↑100%) deals 0.0006 ETH (↑120%)
- HECO — 83 (↑22%) deals 9 HT (↑140%)
- MATIC — 473 (↓37%) deals 316 MATIC (↓19%)
- TRON — 1,6K (↑7%) deals 9K TRX (↓24%)
Collectible sales have shrunk to the level of an average gear category. Meanwhile, consumable sales are still going strong.
After a significant drop, common items once again emerge as the most popular thing to buy, as well as a top-earning category.
TRX revenue is recovering and reorienting around the sales of common items.
Last week’s most popular items in buy orders:
- Magic Dust — 370 deals
- Adventure Potion — 167 deals
- Regular Toolkit — 45 deals
- Grand Adventure Potion — 44 deals
- Cloth hanger — 43 deals
Here’s the structure of last week’s executed buy orders:
Last week’s most popular items in sell orders:
- Adventure Potion — 216 deals
- Magic Dust — 117 deals
- Regular Toolkit — 100 deals
- Shemagh — 95 deals
- Chain Necklace — 75 deals
Here’s the structure of last week’s executed sell orders:
Stay tuned for more reports on Cutieland’s markets!
Happy trading, Cutieneers!
Keep rocking, keep exploring, and see ya on Blockchain Cuties!
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