As markets slid in value during the past week, non-fungible
token (NFT) floor values have dropped considerably. Blue-chip NFT
collections like Bored Ape Yacht Club (BAYC), Cryptopunks, and more have
seen their floor values drop between 2-25% in the last 24 hours.
NFT Floor Values Take a Significant Beating
- NFT sales have dropped 64.84% lower
than the week prior during the last seven days. Nearly every popular NFT
collection is down considerably when it comes to week-over-week sales. - Otherdeed sales are down 90.31%,
BAYC sales have slid 63.73%, Mutant Ape Yacht Club (MAYC) sales are down
65.73%, and Cryptopunks sales are under by 3.39% this past week. - NFT floor values have slid a great
deal in value during the past 24 hours as the crypto market carnage has
not been kind to digital collectibles. BAYC’s floor value today is 2.9%
lower at 97 ether or $191K. - The current Cryptopunks’ NFT floor
has lost 7% and the floor value of the least expensive Cryptopunk NFT is
48.85 ether or $96K. Moonbirds NFTs are down 10.9% during the last day
and the floor value is 21.5 ether or $42K. - $1.7 billion in NFT sales volume was recorded seven days ago, and this week’s volume is down to $631.5 million.
- The NFT collection Azuki took the
top sales this week with $102 million in sales volume which is an
increase of around 208.55% since last week’s Azuki sales. 24-hour stats
show Azuki’s floor value this weekend is 14.16 ether or $27.8K, which is
0.3% lower than the day prior. - Doodle’s NFT floor value has
increased 2.5% during the past day and currently, the Doodle NFT floor
value is 13.95 ether or $27.4K.
- 16 different blockchains saw sales decline since last week except for Tezos-based NFT sales, up 15.07% this week.
- Metrics from cryptoslam.io show the most expensive NFT sold this
week was BAYC 7,520, which sold 21 hours ago for 115 ether or $238K.
source link : https://news.bitcoin.com/crypto-market-rout-pulls-the-floor-out-from-blue-chip-nfts-weekly-sales-down-64/