Data from reliable sources say that Immutable is still behind Mythos in their weekly and monthly NFT sales, but the difference is getting smaller. This article will explore what the Immutable and Mythos NFT network stands for and their NFT sales volume over the past week and month.
Immutable and Mythos NFT Ecosystem
Immutable is one of the biggest platforms within the web3 sector that is focused on bringing digital ownership to players. It does this by making it easy to build Web3 games for mainstream adoption and also providing a network for digital collections.
Immutable makes it easy for NFT enthusiasts to make trades by providing their own marketplace as the default home for trading non-fungible tokens. This marketplace supports Ethereum wallets without the need to switch networks, and it has other features, such as a 2% sell-on fee. This makes its NFT ecosystem a low-cost avenue for launching new collections with reduced gas fees.
On the other hand, Mythos is another major NFT network with an objective around cross-chain infrastructure, NFTs, and the evolution of gaming economics. Over the past few months, it has been going head-to-head with Immutable in terms of NFT sales.
Mythos vs Immutable NFT Sales
In the last seven days, Mythos and Immutable both have an NFT sales volume that is Keke each $4 million, but they have differences in their growth data.
According to data from CryptoSlam, Mythos slightly had more sales than Immutable in the last week, with just a $84,000 difference between the two. However, Immutable had the better growth percentage, with over 49% appreciation in the previous seven days, while Mythos was declining by over 4%.
Going into more detail, Mythos also had more NFT transactions than Immutable in the past week, but the growth percentage cuts it for Immutable. Even though it has 113,000 fewer transactions than Mythos, its growth percentage in the past seven days is over 40%. There was also an over 130% increase in buyers at over 8,100 and a 121% increase in sellers at over 7,200.
Monthly NFT Sales
Comparing their monthly NFT sales, Mythos is still the winner in the total worth of NFT sales volume, but it is clear that it has declined in the past month by 17%. It had around $18.4 million in sales, while Immutable had over 20% increase in sales at $14.1 million. One thing the two of them had in common in the past 3 days was the decline in their number of NFT transactions. They both suffered a 13% decline, with Mythos taking 876,000 transactions and Immutable taking a lesser 334,000 transactions. Nevertheless, Immutable recorded an increase in its number of buyers and sellers, with 5% and 8%, respectively.
Conclusion
Mythos and Immutable are two NFT blockchains trying to have an increased breakthrough within the NFT market. Within the last seven days, the number of NFT sales they had was within the $4 million range each. However, the only major difference between the two was that Immutable is more in its bullish session while Mythos might be declining in the market. This can be seen from the 49% increase in NFT sales within the Immutable blockchain and the 4% decline in Mythos in the past week.
Cover Image from Microsoft Designer
The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from CryptoNewsBytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from the company.
