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Cryptocurrency News Articles
Azuki NFT Collection Dominates Sales, Surpassing $1B Milestone
May 01, 2024 at 03:34 pm
Ethereum-based Azuki dominated NFT sales on Tuesday, hitting $1.13 million, making it the eighth-largest collection with an all-time sales volume of approximately $1.12 billion. Despite an overall sales decline, DMarket and Dokyo followed suit, generating impressive daily sales of $887,880 and $716,860, respectively.
Ethereum-Based Azuki Dominates NFT Sales, Surpassing $1 Billion in All-Time Volume
On Tuesday, April 26th, 2023, the Ethereum-based non-fungible token (NFT) collection Azuki surged to the top of the daily sales chart, amassing an impressive $1.13 million in sales. This substantial surge propelled Azuki's all-time sales volume to an astounding $1.12 billion, solidifying its position as the eighth-largest NFT collection in the market.
According to data from CryptoSlam, Azuki's exceptional performance stood out as the only collection to exceed $1 million in sales on Tuesday. The overall NFT sales market experienced a dip of nearly $2 million, marking the highest daily decline since April 12th.
DMarket, a collection representing in-game items on the Mythos network, emerged as the second-highest performer of the day, generating close to $887,880 in sales. Avalanche-based Dokyo secured the third spot, accumulating $716,860 from 948 transactions.
Notable mentions include Bored Ape Yacht Club (BAYC) and CryptoPunks, both of which recorded sales just over $500,000.
The daily rankings also witnessed the entry of new collections and significant movements. $WZRD BRC-20 NFTs, a Bitcoin-based collection, concluded its most successful month ever with a remarkable $36 million in sales.
Despite the recent launch of Runes on the Bitcoin network, its monthly sales volume fell short of previous records. While Runes' launch coincided with Bitcoin's halving event and sparked a surge in sales of Bitcoin-based projects, its monthly volume of $598 million remained below March's figure of $622 million.
Ethereum NFTs, once the dominant force in the NFT market, posted their weakest monthly performance since October 2022. In April, Ethereum NFTs generated $241.5 million in sales, marking a significant decline from their previous heights.
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