In the face of the FTX contagion, this week’s NFT sales across the board are down 24% from last week’s NFT sales. $114.81 million in NFTs were sold this week, with the Bored Ape Yacht Club (BAYC) collection commanding the number one position in terms of the most sales.
Out of 88 total transactions, $6,443,320 in BAYC sales were recorded during the past seven days, according to cryptoslam. Cryptopunks held this past week’s third position in terms of sales with $1,057,812 in sales across 12 total transactions. Both blue-chip NFT collections represented 8.51% of Ethereum’s total $88.10 million in sales during the last seven days.
Other top sellers this week include the Where My Vans Go NFTs, QQL Mint Pass, Mutant Ape Yacht Club (MAYC), Azuki, and DigiDaigaku NFTs.
Data from OneLand reveals a 25% decrease in overall metaverse land market cap for the 10 listed projects to 863,320.78 ETH (approx. $1.055 billion). The total volume was up week-on-week on the back of an uptick in trading activity of Otherdeeds (+132%) but not Decentraland (-10.3%) and The Sandbox (-12.9%), while the aggregate number of unique landholders appeared steady.