NFT Digest — August 12, 2021
- Highest 7-Day Sales
- Top 5 Projects
- Top NFT Marketplaces
According to blockchain research tool Dune Analytics OpenSea shattered the previous record of nearly $70.5 million on August 6 as it gained $78.8 million in transaction volume on August 8.
This accomplishment is a HUGE leap from just last year when the company processed only $21 million in total transaction volume in all of 2020.
With a total trading volume of 305,832.8 ETH, CryptoPunks is the most popular NFT project on OpenSea.
DraftKings, a daily fantasy and sports betting firm, has launched its new non-fungible token (NFT) marketplace, a few days ahead of its first planned sale.
The first Preseason Access Collection on DraftKings Marketplace will feature content from Autograph, the NFT platform founded by football player Tom Brady to include feature entrance tickets from prominent athletes such as Tony Hawk.
According to data on DappRadar.com, $1.111 billion worth of Axie Infinity NFT sales were recorded as 2.5 million individual sales have been carried out making Axie the best-selling NFT collection of all time, outselling CryptoPunks, and NBA Top Shot.
The project’s native token, AXS, has reached new highs in recent weeks, reaching $52.17 for the first time on July 27, three days after the previous all-time high of $49.20.
Highest 7-Day Sales:
In the past 7 days (August 5 — August 12), the top 7 NFT sales amounted to a total of $11.409M. An amount that’s a far cry from last week’s epic gains, at $7.381M less.
CryptoPunks (CryptoPunk #2338) remains at the top of the list this week at a price point of $4.358M, and a $3.062M lead NFT in second place (Bored Ape Yacht Club #3749).
While this week has shown a decrease in the total value of sales, the NFT industry is performing well overall.
Top 5 Projects to Consider for Investment Portfolio:
In the past 7 days (August 5 — August 12), the top 5 projects amounted to a total of $446,017,208.01M and 408,548 sales. A $93,427,678.5M increase in sales volume and 15,663 in sales!
Interestingly enough, all the same, the top 5 projects of last week have remained on the list for this week within their previous positions. Axie Infinity’s reign continues as it takes the lead in sales volume at $218,830,824.04M and sales at 400,076.
Top NFT Marketplaces:
In the past 7 days (August 5 — August 12) the top 7 marketplaces had a total of $99.287M in volume, a HUGE drop from last week’s total volume by $529.923M
For the fifth week, Axie Infinity takes the lead in traders at 33,783 a small, but modest amount compared to last week’s 90,736. Opensea takes the lead for the second week in a row at $57.25M in volume.
Foundation moves from the last place to fifth place on the list regardless of the fact that total traders and sales volume have also decreased sharply since last week.
Read last week’s NFT Digest here!
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