According to NFT data aggregator data crypto slamthe sales volume of NFTs minted on the Ethereum network has been gradually declining since the beginning of August.
In fact, at the time of this writing, total sales on the chain were $82,541,608.15. This represents a 10% drop in the last 7 days alone.
So how have major NFT collections on the Ethereum network fared over the aforementioned period?
Cryptopunks
This is a collection of 10,000 uniquely generated characters. At the time of writing, the lowest price of the NFT collection was 74.49 ETH after he rose 9.54% over the past 7 days.
Sales for the collection so far this month have reached $8.34 million, according to data from . NFT GoThis has seen a 135% increase in that period. The market capitalization of the collection he reached $2.41 billion after rising 3.21% over the past seven days.
Source: NFTGo
However, there is significant trading activity going on over the last 24 hours.In fact, the data from crypto slam It puts CryptoPunks above other projects as the highest-selling NFT collection in the last 24 hours.
Source: Cryptoslam
Boad Ape Yacht Club (BAYC)
Founded by Yuga Lab, BAYC is a collection of 10,000 unique Bored Ape NFTs designed to run on the Ethereum blockchain. In the past 7 days, 58 sales transactions have been completed between 53 sellers and 57 buyers so far, bringing the total sales registered by this NFT collection to $8.52 million.
Unfortunately, unlike CryptoPunks, BAYC noted a 2.65% decline in market cap over the same period.
The lowest price has also fallen -4.75% over the last 7 days. At press time, this was 81.75 ETH on the chart.
Source: NFTGo
The collection also noted a significant drop in sales volume over the last 24 hours. Just over $1.2 million was recorded, and he saw a 52% decline over the aforementioned period.
Tsukidori
Described as utility-ready PFPs, Moonbirds are a collection of 10,000 NFTs, each with a diverse and unique pool of traits that leverage their rarity.
Collection lowest prices have decreased by 12.06% over the last 7 days. At the time of writing, collectors can collect his Moonbird for as low as 16.4 ETH ($27,603.40). As expected, the steady drop in floor prices increased sales volume by more than 30%, totaling $4.47 million in seven days.
Source: NFTGo
