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Cryptocurrency News Articles

NFT Sales Pump +20% In The Past 24 Hours

Nov 08, 2024 at 04:03 pm

Data compiled by CryptoSlam.io, an on-chain crypto market aggregator and non-fungible token explorer backed by crypto billionaire Mark Cuban, shows that the NFT market has recorded positive growth today.

NFT Sales Pump +20% In The Past 24 Hours

The crypto market has once again seen a surge following Donald Trump's victory in the 2024 presidential election, with Bitcoin reaching a new all-time high and NFT sales rising sharply.

According to data from CryptoSlam, a crypto market aggregator backed by Mark Cuban, the NFT market saw a 20% increase in trading sales volume over the past 24 hours, reaching $16 million. This surge may be linked to Trump's recent victory; earlier this week, he defeated Kamala Harris to become the 47th US president.

During this period, NFTs built on the Bitcoin, Ethereum, and Solana blockchains saw a surge in trading sales volume. Notably, Bitcoin NFTs amassed a sales volume of $5.2 million in the past 24 hours, marking a 28% increase. Ethereum NFTs recorded a trading sales volume of $4.5 million, while Solana NFTs garnered $2.4 million, showing an increase of over 28% from the previous day.

Here are the top five best-selling NFTs over the past 24 hours:

1. $?? BRC-20 NFT Collection

This non-fungible token collection, created exclusively on the Bitcoin blockchain using the BRC-20 protocol, emerged as the best-selling NFT collection in the global market this week. Over the past 24 hours, the $?? BRC-20 NFT collection recorded a remarkable trading sales volume of $2.4 million. During this period, the collection's sales volume surged by an impressive 80% compared to the previous day.

2. DMarket NFT Collection

DMarket, a non-fungible token collection from the virtual asset market platform DMarket and hosted on the Mythos Chain blockchain, ranks as the second best-selling NFT collection in the market this week. Over the past 24 hours, the DMarket NFT collection generated a trading sales volume of $485,325. However, during this period, the collection's sales volume decreased by 35% compared to the previous day.

3. Guild of Guardians NFT Collection

This non-fungible token collection, created on the Immutable network by Guild of Guardians, a multiplayer fantasy role-playing game where players create their dream team of Guardians and compete in guilds to earn rewards, emerged as the third best-selling NFT series in the market this week. Over the past 24 hours, the Guild of Guardians NFT collection amassed a sales volume of $455,138, showing an increase of 6.40% compared to the previous day.

4. Bored Ape Yacht Club NFT Collection

Bored Ape Yacht Club, a non-fungible token collection from the digital asset firm Yuga Labs, features a limited edition of 10,000 NFTs hosted on the Ethereum blockchain. This collection ranks as the fourth best-selling NFT series in the market this week. Over the past 24 hours, the NFT collection attracted a trading sales volume of $415,215. During this period, the Bored Ape Yacht Club NFT trading sales volume surged by an impressive 88.56% compared to the previous day.

5. Bitcoin Puppets NFT Collection

Bitcoin Puppets, an ordinal collection featuring a limited edition of 10,001 NFTs created on the Bitcoin blockchain, ranks as the fifth best-selling NFT collection in the market this week. Over the past 24 hours, the Bitcoin Puppets NFT collection generated a trading sales volume of $382,351. During this time, the collection experienced a 13.34% decrease in sales volume compared to the previous day.

For more NFT-related news, check out the following:

News source:insidebitcoins.com

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