Oct 5, 2021

7 min read

The Big Turnaround: Cutie NFT And Item Market Overview

Welcome to your weekly market overview!

In this post, we will discuss Cutieland’s latest market trends, stats, and facts.

Last week, the market surprised us with the continued growth of the items market and a setback of the NFT one.

As the season event continues, market trends keep shifting and presenting new opportunities to the player community.

Market Supply

During the previous week:

6 917 (↑ 0.1%) new item lots containing 18 314 919 (↑ 14%) items appeared on the items market
997 new Cuties appeared on the pets market — ↑ 1%

Cutie supply has finally stabilized after the HODLing fever of the past weeks. Meanwhile, the competition on the items market is as heated as ever.

You can see the overall week by week supply trends below:

Items market

After a temporary setback miscellaneous category is making a comeback and continues its growth.

Meanwhile, most of the other categories are experiencing a drop in supply. Mainly affected are armors (↓21%), helmets (↓16%), and lootboxes (↓16%).

While the overall level of supply is stable, only the share of common items is growing.

Rarities like unique (↓50%), set (↓16%), and legendary (↓15%) are losing their share.

The top ten most popular items to list for sale were:

Adventure Potion — 1 105 new lots on sale
Magic dust — 411 new lots on sale
Blue Override Subway Station Card — 263 new lots on sale
Regular Toolkit — 251 new lots on sale
Pine — 200 new lots on sale
Wine — 107 new lots on sale
Capacitor Supply Crate — 106 new lots on sale
Dye — 103 new lots on sale
Marble — 101 new lots on sale
Power Cable Supply Crate — 99 new lots on sale

Crafting ingredients and season items

1 802 new lots containing 80 965 crafting ingredients were listed on the market. That’s an increase of 11% in the number of lots compared to the week before. Item lots have become bigger as Cutieneers trade ingredients in bulk.

Competition within the common ingredients category is heating up, but other categories are either stable or experience a decrease in supply.

The most frequent new offers on the market are:

Blue Override Subway Station Card — 263 lots listed
Pine — 200 lots listed
Wine — 107 lots listed
Dye — 103 lots listed
Marble — 101 lots listed

And the rarest are:

Tangent Token — 1 lots listed
Neon Mercenary Token — 1 lot listed
Mead of Poetry — 3 lots listed
Evil Researcher Rabbit Token — 4 lots listed
Rotten Nutritionist Dog Token — 5 lots listed

Cutie NFT market

The supply of cats and lizards keeps growing while other species remain more or less stable. The supply growth is mostly felt in the regular Cutie category.

TRON and EOS blockchains retained a stable supply of new pets while the supply on MATIC and NEO increased.

Market Demand

During the previous week:

653 Cutie NFTs got sold on the pets market — ↓ 13%
2 826 lots (↑ 3%) containing 4 657 202 items (↑ 15%) changed hands

Cutie NFT market is cooling down after the previous week’s jump, while the items market keeps growing. Cutieneers keep buying season gear and ingredients.

You can see the overall week by week sale trends below:

Items market

Last week, most of the item trade happened on TRON.

EOS — 477 item lots sold ↓ 22%
ETHEREUM — 2 item lots sold with an average price of 0.0005 ↑0%
MATIC — 665 item lots sold with an average price of 1.4 ↑73%
NEO — 321 item lots sold with an average price of 0.013 ↑ 29%
TRON — 1 361 item lots sold with an average price of 25 ↓ 9%

Crafting ingredients and other miscellaneous items have become the most popular category on the market. Other growing categories are weapons (↑ 40%), bracelets (↑ 16%), and accessories (↑ 59%).

While common items became less popular, other categories experienced some growth in sales.

Meanwhile, the overall turnover of all categories on TRON is decreasing as the prices become more and more competitive.

The most bought items during the last week were:

Adventure Potion — 654 lots sold
Magic dust — 167 lots sold
Pine — 159 lots sold
Blue Override Subway Station Card — 152 lots sold
Regular Toolkit — 118 lots sold
Full Scuba Oxygen Tank — 72 lots sold
Grand Adventure Potion — 62 lots sold
Cloth Hanger — 57 lots sold
Dye — 56 lots sold
Power Cable Supply Crate — 54 lots sold

Crafting ingredients

Last week, 758 lots (↑40%) containing 53 905 crafting ingredients (↑57%) were sold on the market.

The sales divided between TRON, MATIC, and NEO blockchains.

EOS — 113 ingredient lots sold ↑38%
MATIC — 174 ingredient lots sold with an average price of 0.12 ↑ 156%
NEO — 239 ingredient lots sold with an average price of 0.0018 ↑ 78%
TRON — 232 ingredient lots sold with an average price of 22 ↓ 10%

The sales of uncommon ingredients have skyrocketed. Other categories either grew or remained stable.

Uncommon ingredients are also the ones generating the most TRX. Interestingly, the situation on NEO is completely different, with common and rare ingredients leading.