Apecoin, Decentraland Rise Amid Report NFT Sales ‘Not Badly Off’ in 2022

Apecoin, Decentraland Rise Amid Report NFT Sales ‘Not Badly Off’ in 2022
фото показано с : zycrypto.com

2023-1-6 21:33

Despite the heavy downfall of cryptos, NFTs showed resilience last year. The positive report has accelerated the price of APE, SAND, and MANA.

Non-fungible tokens (NFTs)-related cryptocurrencies surged Thursday on the report that the asset class did not perform poorly in 2022, despite the bear run. According to data from DappRadar, NFT sales volumes in 2022 ducked to $25.1 billion from $24.7 billion in the prior year.

The analytics firm reported that the number of trades made last year was 101 million, an improvement from 2021’s 58.6 million, meaning the digital assets fetched a lower value per unit. The decline in dollar terms is tied to the crypto winter, partly caused by macroeconomic factors, the collapse of Terra Luna and its stablecoin, and the contagion around the demise of FTX.

OpenSea ranked top in NFT trades with more than $297 million in December. The marketplace’s sales increased in April with the NFT land plots for Otherside by Bored Ape Yacht Club (BAYC). OpenSea’s trading volumes recorded a sharp decline between May and June from $3.3 billion to $1 billion, showed the report.

BAYC Was the Top-Performing NFT in 2022

Bored Ape Yacht Club was the top-selling NFT in 2022, according to CryptoSlam, posting estimated sales of $1.6 billion. Most of its sales were made between January and May before the price dropped from a high of $429,000 to a low of $60,000.

Meanwhile, NFT-related tokens are responding positively to the reports. Apecoin’s APE surged 14% in the past week to peak at $4.18. The jump has increased the market cap of the BAYC’s token to $1.4 billion. Similarly, Sandbox token SAND rose 10% during the period, while Decentraland (MANA), another blockchain big on NFTs, added an equivalent margin.

On the other hand, Solana continues to suffer from the collapse of FTX. Towards the year’s close, its major NFT projects, yOOts and DeGods announced their exit from the blockchain. yOOts is planning to move to Polygon, while DeGods will launch on Ethereum this quarter. The outflow deepens Solana’s woes, considering the two projects accounted for over two-thirds of its NFT sales.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

NFT (NFT) на Currencies.ru

$ 0.1282 (+0.51%)
Объем 24H $0
Изменеия 24h: 4.93 %, 7d: 9.39 %
Cегодня L: $0.1282 - H: $0.1282
Капитализация $0 Rank 3750
Доступно / Всего 0 NFT

2022 sales report nft despite bear poorly

Источник: zycrypto.com

2022 sales → Результатов: 55


Solana achieves major sales milestone

Solana is one of the most amazing blockchains for NFTs, and for a considerable amount of people, it is the NFT of choice; here’s why this company has a cause to celebrate in April Solana: Exceptional Q1 traction Saying that Q1 2022 was remarkable for Solana would be an understatement; a considerable amount of planned […] The post Solana achieves major sales milestone appeared first on NFT News Today.

2022-4-3 08:51


NFT Activity in the Entertainment Industry: Who’s Doing What

If you roll your eyes at the mention of NFTs, then 2022 may not be the year for you. The digital format, which can take the form of images, songs, videos, shares in profits, tokens granting access to special events, video game items and more, has piqued the attention of the entertainment industry as sales […] The post NFT Activity in the Entertainment Industry: Who’s Doing What appeared first on NFT News Today.

2022-3-8 17:00


Axie Infinity Rakes in over $4 Billion in Total Sales

In February 2022, Axie Infinity, a Play-to-Earn blockchain game, became the third most successful NFT project ever in terms of total lifetime NFT sales by crossing the $4 Billion mark Axie Infinity: Vietnam to the World Have you heard about Axie Infinity? It’s one of the most successful play-to-earn games; in fact, it’s one of […] The post Axie Infinity Rakes in over $4 Billion in Total Sales appeared first on NFT News Today.

2022-2-24 18:14


Фото:

Cardano IDO LaunchPad “Coollaunch” Records Buzzing Progress as it Sells Out Over 11% Of $COOL Tokens Within Days

Coollaunch after 12 Days of seed sale is pleased to announce the sale progress of the Seed Sale which was kicked off on the 11th of January, 2022. The Sales which is bringing the desired COOL BUZZ has already Generated 11% of the $COOL tokens allotted for the Sale Round. Coollaunch when launched will host […]

2022-1-17 01:54


дальше еще 6 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Meta’s NFTease and AI’s Impact on Web3

Meta Platforms announced it was ending its support for NFTs after less than a year from its initial test program. The move is a setback for Web3 creators who use social media to promote their art and interact with their community – and signals that Meta maybe hasn’t yet figured out how to dive into Web3.

The 6 top Metaverse coins to buy in March, 2023

More and more investors are realizing that Web3 is likely to disrupt a wide variety of industries and sectors. This is especially true when considering the metaverse, offering huge potential to change the way people interact across the world.