Sales of non-replaceable codes (NFT) fell significantly, with 30-day statistics showing that NFT sales recorded month
Last saw a settlement of more than $4.6 billion, but today, sales fell 65.43% to $1.59 billion.
Furthermore, Google Trends data indicates that interest in NFTs has fallen to the lowest point since the first week of October 2021.
From $4.6 billion to $1.5 billion - NFT sales down more than 65% from the previous month
- Over the past two years, non-replaceable codes (NFTs) have become very popular and a $1 billion industry in a relatively short period of time.
- However, recently NFT interest and sales have been drastically reduced and monthly NFT sales metrics show a gradual decline over the past few months.
- For example, 30-day NFT sales statistics from the cryptoslam.io e-analytics portal reveal that NFT sales have fallen 65.43% since last month.
The previous month, $ 4.6 billion in NFT sales had been recorded across a different blockchain 17, but over the past 30 days, only $ 1.59 billion in NFT sales had been settled.
- NFT sales arising from Ethereum blockchain were the most dominant
- accounting for $1.31 billion of the $1.59 billion settled.
- However, ETH-based NFT sales fell 67.99% between 250,925 buyers and 1047,363 deals.
Many other block chains :
have seen a huge drop in NFT sales over the past 30 days, with Polygon NFT sales down 70 .86%, Ronin's non-replaceable sales down 70 .26%, Wax blockchain NFT sales saw a decline of about 43 .89%, and an irreplaceable collapse. Sales of exchangeable codes decreased by 91.43%.
Palm-based NFT sales fell 60.59%, Cronos lost 76.09%
- in sales of non-replaceable codes
- and Arbitrum NFT sales have fallen 66.74% since last month.
- Last month's highest NFT group in terms of total sales volume
- was Otherdeed sales of $143,562,582
- but this measure fell 82.25% from the previous month.
Bored Ape Yacht Club (BAYC) was the second largest group in terms of NFT sales
- $119 million was recorded. But BAYC's total NFT sales were down 62.44% from the previous month.
- Of the top five, Azuki and Goblintown NFT groups were the only projects with 30-day gains.
- Goblintown sales were not recorded the previous month and Azuki sales rose 31.56%.
- Mutant Ape Yacht Club was also among the top five contenders but sales of $74.5 million fell 76.77% from the previous month.
Another fact
- Bored monkeys dominated NFT's most expensive sales last month
- Google Indicators data shows interest in NFT at lowest point since October 2021
- Google Trends (GT) data worldwide indicates that the search term
- "NFT" has slipped this week to its lowest point since the first week of October 2021.
Weekly statistics for the week of May 29 to June 4 show that the search term "NFT" dropped to 23 from 100.
The last time NFT was interested in this decline, at least by GT query metrics, was during the week of October 3 through October 9.
The search term "NFT" earned a high score of 100 during the week from 16 January until 22 January 2022, but interest in research has been declining since that day.
Of NFT's five most expensive sales over the past 30 days, three originate from the Otherdeed Group.
Sales include Otherdeed # 17,164 sold for 601 ether or $1.14 million, and Otherdeed # 66,813 sold for 303 Ether or $ 776 thousand, and Otherdeed # 55197 sold for Ether 214 or $ 563 thousand.
Other NFTs :
included in NFT's most expensive sales over the past month include Ken Hicks (code ID: 6, 908) sold for 332.52 ether or $ 849 thousand, and Bored Ape # 1725 sold for 250 ether or $ 584 thousand.
Of the 20 most expensive NFTs sold in 30 days, other kits include Clonex and Ken Hicks, but 18 of the 20 most expensive NFTs sold come from Otherdeed kits and BAYC NFT.