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The worldwide non-fungible token market has returned to the optimistic development this previous week, breaking its greater than 4 weeks of downtrend. The NFT market has seen a +28% surge in its weekly NFT buying and selling gross sales quantity, which was fueled by the current Trump re-election and up to date crypto market rally. Former US President Donald Trump was elected again to workplace final week after profitable towards his opponent, Kamala Harris.
NFT Gross sales Climb 28% In The Previous 7 Days
Information compiled by cryptoslam.io, an on-chain crypto market knowledge aggregator and a multi-chain non-fungible token explorer solely backed by a famend crypto investor and entrepreneur, Billionaire Mark Cuban, signifies that the NFT market has surged once more in buying and selling gross sales quantity this previous week. Up to now seven days, the worldwide NFT market gross sales surged 27% to $103 million, marking the best gross sales quantity since July 2024.
Ethereum, the blockchain community famend within the NFT marketplace for internet hosting most blue-chip non-fungible token collections, has been this previous week’s most-traded blockchain community within the NFT ecosystem. The Ethereum-based non-fungible token collections have amassed a buying and selling gross sales quantity of $34 million prior to now seven days. Throughout this time, the Ethereum NFT buying and selling gross sales quantity surged 30% from the earlier week.
Bitcoin, the identical blockchain community famend within the international NFT marketplace for powering Ordinals Runes, BRC-20 NFT collections, has been this previous week’s second most-traded blockchain community within the NFT ecosystem. Up to now seven days, the Bitcoin-based NFT collections have amassed a buying and selling gross sales quantity of $30 million, crawling intently behind Ethereum. The Bitcoin NFT buying and selling gross sales quantity surged 102% from the earlier week throughout this time.
Solana, an open-source blockchain community that helps sensible contracts, together with non-fungible tokens and quite a lot of decentralized purposes, has been this previous week’s third most-traded blockchain community within the NFT market. Up to now seven days, the Solana-based NFT collections have amassed a buying and selling gross sales quantity of $13 million. Throughout this era, the Solana NFT buying and selling gross sales quantity has plunged by 5.66% from the earlier week.
Mythos Chain, a famend blockchain community leveraging Ethereum Digital Machine (EVM) compatibility, has been the NFT market’s fourth most-traded blockchain community this previous week. Up to now seven days, the Mythos Chain-based NFT assortment has amassed a buying and selling gross sales quantity of $10 million. Throughout this era, the Mythos Chain NFT buying and selling gross sales quantity has plunged by 1.88% from the earlier week.
Polygon, an Ethereum scaling resolution blockchain community, was this previous week’s fifth most-traded blockchain community within the international NFT market. Up to now seven days, the Polygon-based NFT collections have amassed a buying and selling gross sales quantity of $4.1 million. Throughout this time, Polygon NFT buying and selling gross sales quantity plunged by 4.49% from the previous month, closing our 5 top-traded NFT blockchain networks.
Prime Promoting NFTs In The Previous 7 Days
1.$?? BRC-20 NFT Assortment
$??, a non-fungible token assortment created on the Bitcoin blockchain community utilizing the BRC-20 protocol, has been this previous week’s top-selling non-fungible token assortment within the NFT market. BRC-20 is a token commonplace that enables anybody to create their very own tokens on the Bitcoin blockchain. Up to now seven days, the $?? BRC-20 NFT assortment has recorded a buying and selling gross sales quantity of $12 million, up 423% from the earlier week.
2. DMarket NFT Assortment
DMarket, a non-fungible token assortment from the digital asset market platform DMarket hosted on the Mythos Chain blockchain community, has been this previous week’s second most-selling NFT assortment. Up to now seven days, the DMarket NFT assortment has recorded a buying and selling gross sales quantity of $5.5 million. Throughout this time, the DMarket NFT buying and selling gross sales quantity has plunged by 3.40% from the previous week.
3. CryptoPunks NFT Assortment
CryptoPunks, a non-fungible token assortment that includes a restricted provide of 10,000 NFTs hosted on the Ethereum blockchain community, has been this previous week’s third most-selling NFT collection within the NFT market. Up to now seven days, the CryptoPunks NFT collections have raised a buying and selling gross sales quantity of $3.4 million. Throughout this time, the CryptoPunk NFT buying and selling gross sales have surged 186% from the earlier week.
4. Bitcoin Puppets NFT Assortment
Bitcoin Puppets, a non-fungible token assortment created on the Bitcoin blockchain community utilizing Satoshi Nakamoto’s Ordinal protocol, has been this previous week’s fourth most-selling NFT assortment within the NFT market. Up to now seven days, the Bitcoin Puppets NFT assortment has raised a buying and selling gross sales quantity of $3 million. Throughout this era, the Bitcoin Puppets NFT buying and selling gross sales quantity has surged by 53% from the earlier week.
5. Guild Of Guardians NFT Assortment
Guild of Guardians, a non-fungible token assortment from a cellular role-playing sport, Guild of Guardians, has been this previous week’s fifth most-selling NFT assortment. Up to now seven days, the Guild of Guardians NFT assortment has amassed a buying and selling gross sales quantity of $2.9 million. Throughout this time, the Guild of Guardians NFT buying and selling gross sales quantity has fallen 3.31% from the earlier week.
6. Pudgy Penguins NFT Assortment
Pudgy Penguins, a non-fungible token created by the toy model Pudgy Penguins that includes a set provide of 8,888 NFTs hosted on the Ethereum blockchain community, has been this previous week’s sixth most-selling NFT assortment within the NFT market. Up to now seven days, the Pudgy Penguins NFT assortment has raised a gross sales quantity of $2.3 million. Throughout this era, the Pudgy Penguins NFT gross sales quantity has elevated by 239% from the earlier week.
7. NodeMonkes NFT Assortment
NodeMonkes, a non-fungible token that includes a restricted version of 10,000 distinctive Bitcoin-powered NFTs leveraging the ordinal protocol, has been this previous week’s seventh most-selling NFT assortment within the NFT market. Up to now seven days, the NodeMonkes NFT assortment has attracted a buying and selling gross sales quantity of $2.2 million. Throughout this time, the NodeMonkes NFT buying and selling gross sales quantity has surged 44% from the earlier week.
8. Bored Ape Yacht Membership NFT Assortment
Bored Ape Yacht Membership, a non-fungible token assortment created and managed by the digital asset agency Yuga Labs, that includes a set provide of 10,000 NFTs hosted on the Ethereum blockchain community, has been this previous week’s eighth most-selling NFT assortment. Up to now seven days, the Bored Ape Yacht Membership NFT assortment has amassed buying and selling gross sales quantity of $1.9 million, up 21% from the day before today.
9. Ordinal Maxi Biz NFT Assortment
Ordinal Maxi Biz, a non-fungible token assortment that includes a restricted set of two,100 hand-drawn sketches by digital artist Tony Tafuro hosted on the Bitcoin blockchain community, has been this previous week’s ninth most-selling NFT assortment within the NFT market. Up to now seven days, the Ordinal Maxi Biz NFT assortment has recorded a buying and selling gross sales quantity of $1.8 million. OMB NFT gross sales quantity has surged by 45% from the earlier week.
10. Courtyard NFT Assortment
Courtyard, a non-fungible token assortment comprising a restricted provide of 36,794 distinctive digital objects dwelling on the Polygon blockchain community, has been this previous week’s tenth most-selling NFT assortment within the NFT market. Up to now seven days, the Courtyard NFT assortment has raised a buying and selling gross sales quantity of $1.5 million. The Courtyard NFT gross sales quantity has plunged by 17.80%.
The NFT Market Prediction For This autumn, 2024
Regardless of struggling myriad challenges, together with important flooring worth drops, intense volatility, and regulatory scrutiny, the worldwide NFT market continues to be staged for a resurgence in This autumn of 2024. Remarkably, the NFT market is anticipated to regain adoption in america of America now that Donald Trump, “Crypto President,” has taken the federal government. Throughout the earlier regime, america Securities and Trade attacked NFT initiatives, together with OpenSea.
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