The past week’s NFT sales have dropped again following the last few weeks of diminishing volumes. NFT sales have slipped 29.46% lower than the week prior.
for the search query term “metaverse” show interest there has also slid significantly, sliding from January’s high score of 88 to today’s GT score of 32. While NFT interest is sliding, sales volume has dipped a great deal as well.
“Interest over time” stats from Google Trends data show searches for the terms “NFT” and “metaverse” have dropped considerably. Over the last seven days, NFT sales have dropped 29.46% lower than last week’s sales volume. Metrics from cryptoslam.io’sWax blockchain sales have dropped by 38.52% this past week, but Palm and Theta NFT sales lost the most. Palm-based NFT sales are down 73.36% since last week and Theta’s NFT sales are down 78.87%.on the Arbitrum NFT project Treasure DAO getting hacked and losing more than 100 NFTs. Despite the hack, Arbitrum NFT sales have jumped a great deal this week spiking 97.
The NFT collection that recorded the most NFT sales during the last seven days is Invisible Friends as the ETH-based NFTs have seen $46.9 million in sales, up 32.13% since the week prior. The Invisible Friends NFT compilation sales were followed by Wonderpals, Cryptopunks, Clonex, and Bored Ape Yacht Club .
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Russian national will use sales of her burning passport NFT to support UkraineOlive Allen burned her Russian passport while standing in front of the consulate in New York City and planned to auction the video as a nonfungible token, with the proceeds going to humanitarian efforts in Ukraine.
Read more »
Parler Launches NFT Marketplace With New Trump NFTsParler, the right-leaning social media app, has rolled out a new NFT marketplace, DeepRedSky
Read more »
Opensea phishing scandal reveals a security need across the NFT landscape
Read more »
Pussy Riot Member Helps Raise $6.7 Million With Ukraine Flag NFTThe sale will help support the Ukrainian military’s fight against invading Russian forces.
Read more »
Decoding luxury’s NFT consumerIf the past year’s drops are anything to go by, Morgan Stanley’s prediction that luxury NFTs will be a $56 billion market by 2030 is easy to envision.
Read more »
NFT Startup Rarify Raises $100 Million Series A—While Contending With Key Employees Stuck In UkraineGood and bad news for NFT startup Rarify. The good: It has raised a $10 million Series A to $100 million from Pantera Capital. And the bad news, four of Rarify’s 14 employees remain in Ukraine, where they had been living before the Russian invasion.
Read more »