Over 340,000 NFT buyers hit the market amid last week’s crypto rally

2023-1-24 15:19

NFT buyers last week rose to 348,426, about 41% up on the previuos week. NFT sales volume also rose, with more than $244 million in sales last week representing a 5.4% increase. Sales (USD) volume and buyers increased in tandem with Bitcoin price hitting levels above $23,000.

Non-fungible token (NFT) data from last week shows the market attracted 348,426 buyers, roughly 41% higher than the previous week.

According to NFT data platform CryptoSlam, the buyer count of nearly 350,000 corresponds to a 40.99% this past week. 

As of Tuesday morning, 24 January, 2023, there had been over 419,000 unique buyers year-to-date. The uptick coincides with a rally across crypto, with volatility pushing Bitcoin price above $23,000 and Ethereum above $1,600 for the first time since early November 2022.

Indeed, as data from CoinGecko shows, Bitcoin’s price is currently up more than 7% this past week. Over the last two weeks, the flagship cryptocurrency’s value has soared 35%. 

Among top blockchains with most buyers on the 7-day timeframe, Ethereum leads with 146,380 (36% increase) and Solana is second with over 89,800 NFT buyers at 73% increase this past week. Cardano is third while BNB Chain ranks 7th but with a 74% spike in buyer participation.

NFT sales jumped 5% last week

At the same time, the global NFT sales volume in the past seven days indicates a 5.4% increase, with more than $244 million worth of NFTs traded in that time. 

The most sales volume was on Ethereum at almost $200 million, while Solana, Cardano, Immutable X and Polygon complete the top five as of 24 January.

Among the top 10, the WAX blockchain saw the most increase in NFT sales with 82%. Meanwhile, Solana and BNB Chain recorded the largest decline over the past week as NFT sales on these blockchains fell 20% and 33% respectively.

NFTs sales stood at $623,439,866 for the month, data from CryptoSlam showed ( as of 24 January 2023), with total NFT transactions year-to-date at nearly 4.2 million (it was 4.7 million for December 2022).

While there has been a slight decline in the metric compared to the previous week, the statistics suggest the NFTs market has seen trading volume and buyer participation swing alongside movements in the broader crypto market.

The post Over 340,000 NFT buyers hit the market amid last week’s crypto rally appeared first on CoinJournal.

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

week buyers nft sales rose volume increase

Источник: coinjournal.net

week buyers → Результатов: 126


Polygon Spikes 6.5% In Last 24 Hours As MATIC Investors See Bullish Momentum

Polygon (MATIC) is currently having a rally of its own as it recovered from its range low of $0. 721 recorded last September 22. MATIC is the only asset in top 20 cryptocurrencies to record double-digit gains for the past week Buyers are back and so is the buying pressure, propelling the asset to go higher Polygon now has two versions of SynFutures mainnet At press time, data from CoinGecko shows the crypto is trading at $0.

2022-10-5 15:51


Фото:

Bitcoin Dips Below $20k As Post-Fed Buyers Burn Out; Insights On The Week Ahead

Major cryptocurrencies kicked off the week on a low-key after a month of robust gains that coincided with the Federal Reserve increasing interest rates by the widely anticipated 75 basis points. Bitcoin, the world’s largest cryptocurrency by market capitalization, led other crypto assets in the go-slow after losing over 4% during the weekend. As of […]

2022-9-5 21:32


Bitcoin Buyers Reluctant To Step In, Fear And Greed Index Suggests

Data shows the Bitcoin investor sentiment has recently improved, but buyers are still reluctant as fear continues in the market. Bitcoin Fear And Greed Index Points To A Fearful Sentiment As per the latest weekly report from Arcane Research, the BTC market sentiment hit a high of 34 last week, but now it has once again fallen to just above extreme fear territory.

2022-7-28 22:00


Data Shows Bitcoin Top Buyers Already Capitulated, New Bull Rally Here?

On-chain data suggests Bitcoin buyers who entered at the top may have already capitulated. Last time such a trend happened was back in July 2021, following which a new bull rally occurred. Lackluster Bitcoin Sell-Off Recently May Suggest Top Buyers Have Already Capitulated As per the latest weekly report from Glassnode, there hasn’t been any significant loss realization recently despite world-changing events taking place this week.

2022-3-2 22:00


Фото:

Ethereum, Bitcoin, Solana, Cardano See Over $380M Liquidations In 24 Hours As BTC Slips Below $45k

The world’s superb cryptocurrency has extended last week’s losses on Monday morning, spurring widespread dumping across the entire crypto markets as it lost grip on the $45,000 price level. As a result of the drop, over $383 million in crypto assets has been liquidated, bringing the total number of liquidated buyers across all crypto assets […]

2021-9-14 15:18


Фото:

Recent Blackout of Multiple Exchanges Linked to Ostensible “Planned Crypto Crash”

Time and time again, cryptocurrency exchanges, the middlemen between crypto-assets and buyers have had a major influence on the cryptocurrency market and price movement time and time again. Crypto Users probe into exchanges Downtime In an extremely volatile market like the one we saw this week, a shutdown from a leading exchange could cause users […]

2021-5-22 19:03


Фото:

Aave (AAVE) could advance even more in the ongoing bull market. Here are the next targets for buyers

The cryptocurrency market is advancing this Saturday, Bitcoin is trading very close to $60000 resistance, and for now, everything indicates that the price could advance above this level again. Aave’s (AAVE) price has advanced above the $375 level this trading week, and the main trend of this cryptocurrency remains bullish.

2021-4-11 23:56


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Morocco reconsidering its crypto ban, drafting crypto regulations

Morocco is drafting new crypto regulations to reverse its 2017 digital asset ban. Morocco’s central bank is exploring the creation of a central bank digital currency (CBDC). Global trends show more countries, like the UK and EU, moving toward crypto regulation.