On OpenSea, an NFT marketplace for buying and selling goods, the non-fungible token (NFT) market has seen a decline in sales volume.
Although it got off to a sluggish start, the eagerly awaited Coinbase (NASDAQ:COIN) Global Inc (NASDAQ: COIN) NFT marketplace may be drawing more participants to the market.
In the area of NFTs, the falling price of cryptocurrencies, such as Ethereum (CRYPTO: ETH), continues to be a major topic of discussion.
The top 10 NFT projects by sales volume, as published by CryptoSlam, are examined by Benzinga every week.
The top 10 NFT projects by sales volume for the previous week are listed below.
- Bored Ape Yacht Club: $11.8 million, -8.3%
- Otherdeed for Otherside: $8.9 million, +32.7%
- CryptoPunks: $7.2 million, -68.3%%
- Mutant Ape Yacht Club: $5.6 million, +4.9%
- Moonrunners: $4.4 million, +7.7%
- Sorare: $4.3 million, +14.1%
- Doodles: $3.4 million, -46.4%
- WizNFT: $3.3 million, N/A
- CloneX: $3.1 million, +0.5%
- Moonbirds: $2.6 million, +9.9%
Bored Ape Yacht Club was the only collection with $10 million or more in sales.
Otherdeed for Otherside jumped from third to second. The first journey for NFT collection holders from Yuga Labs is July 16.
Six of the top 10 were from last week. CloneX and Moonbirds, which dropped out of the top ten previous week, returned.
Moonrunners, a late-June NFT mint with no Discord or roadmap, entered the top ten.
Primate Academy, Degen Degen, and CopeTown ranked in the top 20 and continued the trend of Solana (CRYPTO: SOL) based NFT collections falling in the 10 to 20 area by sales volume.
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