CandleFocus

NFT Sales Slip 7.69% in Early September as Digital Collectible Market Adjusts

The first week of September saw a decline in sales and transactions for non-fungible tokens (NFTs). Sales decreased by 7.69% and the total number of transactions dropped by 36.93% compared to the previous week. Ethereum NFTs maintained steady sales, while Solana experienced a sharp decline and Bitcoin-based NFTs saw a 20.18% decrease. The top-selling NFT collections included Ethereum's Cryptopunks, Immutable X's Guild of Guardians, and BNB's Luxemarathoner collection. The most expensive NFT sold was a Cryptopunk, followed by Arbitrum's GETH Locked Deposit and a Bitcoin-based Ordinal Maxi Biz. The performance of NFTs reflects a shifting market dynamic, suggesting ongoing trends in digital asset engagement.

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