Some NFTs did better than the rest over the past week, with only a few of them managing to have over $3 million NFT sales volume. In this article, we will explore the top NFT collections that sold over $3 million worth of NFTs in the past week and other metrics about them.
Solana Monkey Business
Solana Monkey Business (SMB) is a collection of non-fungible tokens (NFTs) on the Solana blockchain and one of the oldest and most valuable collections on Solana. Moreover, it is made up of pixelated images of cartoon monkeys and includes various generations, such as Gen1, Gen2, and Gen3.
This NFT collection was launched in 2021 and emerged as one of the top performers for the reels. According to CryptoSlam, it comes number one with $6.1 million in sales over the past week, after recording an increase of more than 211%. Furthermore, there’s a 195% increase in the number of transactions to 1,175 while the number of buyers and sellers has a 95% and 84% increase, respectively.
Top NFT Collections: DMarket
DMarket is among the top NFT collections for the week, with more than $4.2 million in sales after a 10% increase in the market. Besides having over 160,000 transactions over the past week, thid NFT collection is suffering a massive decline in other metrics. For instance, there’s a 7% decline in the number of buyers, reducing to less than 13,000, while sellers also reduced by 4% to 10,400.
Top NFT Collections for the Week: Gods Unchained
Gods Unchained explores the massive potential in the NFT gaming market with a trading card-based gameplay experience. The NFT project also features an ERC-20 crypto token called $GODS that can be used to mint cards, buy packs, and participate in governance.
It is one of the top NFT collections for the week after more than a 20% performance in the last week, with the value of NFT sales rising to $3.8 million. The number of transactions also increased by 65% to 76,000, while the number of buyers and sellers was 3,309 and 3,800, respectively. Apparently, Gods Unchained has already surpassed its NFT sales for the previous month (June), which was $9,547,391.73. Now, the value for July is currently at $9,723,833.18.
DogeZuki Collection
DogeZuki Collection is one of the NFTs suffering from a massive decline over the past week, depreciating by 3% in weekly sales volume to $3,062,000. There’s also a 2% decline in the number of transactions at 73,000. Moreover, there was a downturn in investor’s interest in this NFT collection, decreasing by 4% to 63,205 while sellers slumped to 9,987.
Conclusion
In the past week, many collections had a good performance, having more than $3 million in NFT sales. Some of these NFTs include Solana Monkey Business, which took the first position with over $6 million in sales, and DMarket NFTs with over $4 million in sales. Gods Unchained and DogeZuki Collection came 3rd and 4th, respectively, with each of them having more than $3 million in NFT sales. Nevertheless, it is important to point out that DogeZuki and DMarket had some decline in certain metrics such as transaction volume and buyers.
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.
