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Cryptocurrency News Articles

Bitcoin-Based NFT Market Shows Recovery Signs After 8-Week Downturn, Records 16% Daily Sales Surge

Jun 04, 2024 at 04:00 pm

The global non-fungible token market has started showing potential signs of recovery after experiencing a brutal market downturn lasting more than eight weeks.

Bitcoin-Based NFT Market Shows Recovery Signs After 8-Week Downturn, Records 16% Daily Sales Surge

The global non-fungible token market has started showing potential signs of recovery after experiencing a brutal market downturn lasting more than eight weeks. For the first time, the non-fungible token market has shown positive gains, prompting some hope among NFT investors.

Data fetched by cryptoslam.io, an on-chain cryptocurrency market aggregator and a multi-chain non-fungible token explorer, shows that the NFT market has amassed a trading sales volume of $19 million, representing a 16% daily surge. Below, we have listed some of the top-selling NFT collections this week.

1. Bitcoin Uncategorized NFT Collection

Bitcoin Uncategorized, a non-fungible token collection created on the Bitcoin network featuring a diverse assortment of digital assets that have not yet been identified as part of an established collection, is this week’s top-selling NFT collection. In the past 24 hours, the Uncategorized NFT collections have amassed a trading sales volume of $1.5 million, up 18.19% from the previous day.

2. Bitcoin Puppet NFT Collection

Bitcoin Puppet, another non-fungible token collection created on the Bitcoin network using the Ordinal protocol, is this week’s second most-selling NFT collection. In the past 24 hours, the Bitcoin Puppets NFT collection has recorded a trading sales volume of $1.33 million. Bitcoin Puppets NFT sales volume has surged 533% from the past day.

3. NodeMonkes NFT Collection

NodeMonkes, a non-fungible token collection featuring a limited edition of 10,000 NFTs created on the Bitcoin blockchain network using the ordinal protocol, is this week’s third most-selling NFT collection. In the past 24 hours, the NodeMonkes NFT collection has attracted a trading sales volume of $1 million. The NodeMonkes NFT sales volume has surged 154% from the past week.

4. Guild Of Guardians NFT Collection

Guild of Guardians, a non-fungible token collection from Guild of Guardians, a mobile RPG where players take teams of heroes through challenging dungeons to collect resources, is this week’s fourth most-selling NFT collection. In the past 24 hours, the Guild of Guardians NFT collection has recorded a trading sales volume of $876,250. Its NFT sales volume has declined by 35% from the past day.

5. DMarket NFT Collection

DMarket, a non-fungible token collection from the virtual asset market platform DMarket hosted on Mythos Chain, is this week’s fifth most-selling NFT collection. In the past 24 hours, the DMarket has recorded a trading sales volume of $718,994. The DMarket NFT sales have surged 5% from the past day.

6. The Captainz NFT Collection

The Captainz, a non-fungible token series from the web3-focused studio Memeland that features a fixed supply of 9,999 NFTs hosted on the Ethereum blockchain network, is this week’s sixth most-selling NFT collection. In the past 24 hours, the Captainz NFT collection has raised a trading sales volume of $475,288. The Captainz NFT sales have surged 104% from the past day.

7. Runestone NFT Collection

Runestone, a non-fungible token collection created on Bitcoin network by renowned crypto and NFT influencer Leonidas that fuses the world of Bitcoin with digital art, is this week’s seventh most-selling NFT collection. In the past 24 hours, the Runestone NFT collection has raised a trading sales volume of $469,358. The Runestone NFT sales volume has surged 104% from the past day.

8. Bored Ape Yacht Club NFT Collection

Bored Ape Yacht Club, an all-time top-selling NFT collection from the digital asset firm Yuga Labs with a limited supply of 10,000 NFTs hosted on the Ethereum blockchain network, is this week’s eighth most-selling NFT collection. In the past 24 hours, the Bored Ape Yacht Club NFT collection has amassed a trading sales volume of $424,675. Bored Ape NFT trading sales volume has surged 54% from the past day.

9. $WZRD BRC-20 NFT Collection

$WZRD, a non-fungible token collection created on the Bitcoin blockchain network using the BRC-20 protocol, is this week’s ninth most-selling NFT collection. In the past 24 hours, the $WZRD BRC-20 NFT collection has recorded a trading sales volume of $393605. The $WZRD BRC-20 NFT sales volume has surged 269% from the past day.

10. Mad Lads NFT Collection

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