Reading time: ~2 m
In the market of non-fungible tokens (NFT), there is a very ambiguous picture: in the sector there is a small rally in the minimum prices of a couple of large collections, others continue to register a fall. At the same time, the total trading volume for most of them increased over the past week.
According to data aggregator NFT DappRadar, on Wednesday morning, the minimum price of Bored Ape Yacht Club (BAYC) from Yuga Lab rose over the past 24 hours to $ 93170. The average price of BAYC NFT increased by 51% to $154,150.
In the Otherdeed collection, the minimum prices increased by about 7%, but the minimum prices of other NFT collections from the number of “blue chips” decreased. According to DappRadar, the minimum price of the advertised NFT Goblintown collection fell by 13% to $ 3230, the average price decreased by 7% to $ 4960.
CryptoPunks and Mutant Ape Yacht Club (MAYC) also suffered losses, with their minimum prices falling 3% to $50,390 and more than 1% to $15,750, respectively. The average price of the first collection decreased by 23% to $ 65,840, in the second it increased by 13% to $ 21,070.
Meanwhile, the trading volume of most of these NFT collections has increased over the past week.
For the BAYC collection, it grew by less than 1% to $ 12.8 million, at MAYC – by more than 20% to $ 7.35 million, for Otherdeed it rose by 46% to 8 million, CryptoPunks noted an increase of a whopping 203% to $ 7.64 million.
Over the same period, Goblintown’s sales fell more than 76% to $6.9 million.
#NFT #market #shows #mixed #dynamics #depending #collection