DMarket and CryptoPunks Lead the NFT Market with Millions in Sales

This past week has been quite volatile in the NFT space, with some of the most popular collections experiencing a massive increase and a sharp drop in sales.

Major NFT projects like Crypto Punks and DMarket are back in the headlines. This past week has been particularly volatile in the NFT space, with some of the most popular collections experiencing both a massive increase and a sharp drop in sales.

By looking at data from CryptoSlam on NFT activities in the last 7-days, DMarket on Mythos blockchain and Crypto punk on Ethereum comfortably occupy the leading position in terms of sale volumes and buyer interests.

Here's a closer look at the top NFT sales performers:

DMarket NFT Sales Hit $5.6 Million

DMarket takes the first place with an incredible $5,598,316 earned through 226,459 transactions. Although it witnessed a decline in the sale volume by 3.39%, its large transaction frequency and the number of customers (more than 15K buyers) ensure its constant demand among the NFT communities.

CryptoPunks NFT Sales Surges to $3.3 Million

CryptoPunks, an Ethereum-based collection, has experienced a massive boost, registering a 102,29% sales boost to $3,275,409. Despite having only 38 transactions, CryptoPunks registered a 72.73% increase and even more new buyers, 166.67%, as high-value investors continued to return to the market.

NFT Sales Performances on Other Blockchains

Other notable performances include Guild of Guardians Heroes on Immutable-Zk, which reached $2,874,013 despite an 11.63% decline in sales while standing third. The collection also reduced the number of transactions and the number of active buyers, thereby painting a picture of a somewhat mixed market.

In contrast, Bitcoin Puppets saw its sales boost by 41.74% to reach $2,780,470, indicating that collectors are keen on Bitcoin-based NFT artwork. With 380 transactions and over 190 active buyers, there is good traction within Bitcoin-backed NFTs.

Another NFT collection with its token on the Ethereum network, Pudgy Penguins, reached an astounding $ 2.14 million in sales, a rise of 170.68%. This collection also experienced a 162.86% increase in transactions with a sale to 60 buyers.

Rising Bitcoin and Ethereum Collections

The following NFT collections have summed up the top ten places:

The selected top 10 NFT collections by activity represent various trends within and across blockchains. These changes show the new preference of consumers and the increased popularity of NFTs backed by Bitcoin or Ethereum.