$549.82 million in NFT sales took place in September, which shows that monthly NFT sales are more than 88% lower than they were in January. Furthermore, after the search term “NFT” reached the highest score on Google Trends last January, tapping a score of 100, the last week of September’s score was 12, which is also 88% lower in terms of interest.
Some pricey NFT collections, such as Fidenza and Autoglyphs, have retained much of their value. However, these seem to be exceptions to the rule. Other collections are way down from their all-time highs, including the historic CryptoPunks — the first NFT avatar collection — and the Bored Ape Yacht Club.
Some NFT collections like Meebits have crashed in value but occasionally still receive pricey bids. Indeed, earlier this week, one of the most expensive Meebits ever, which sold in May last year for 700 ETH (more than $2.5 million), saw a bid of 98.65 ETH or just over $126,446.