NFT Sales Volume Sees Significant Dip Over the Last Month

In the span of the last 30 days, we have seen the NASDAQ fall 5 percent and the total crypto market cap fall below 1 trillion dollars for the first time in over a year with Ethereum ($ETH) being down 48 percent and Bitcoin ($BTC) being down 32 percent.

NFTs have been no stranger to this trend with sales volume being down across the board and many major projects seeing a decrease as high as 93 percent in total volume over the last month.

Below is a list of NFT projects with a floor above 4.0 ETH that has seen their sales volume decrease by more than 60 percent over the last 30 days according to Lucky Trader Project Rankings.

Collection Volume Decrease Floor Decrease
Bored Ape Yacht Club -72.18% -12.98%
Moonbirds -93.27% -19.77%
Mutant Ape Yacht Club -87.39% -30.00%
Azuki -89.52% -25.82%
Doodles  -89.29% -17.64%
Clone X -74.60% -38.84%
Bored Ape Kennel Club -90.89% -18.37%
Gutter Cat Gang -69.11% -3.69%
World of Women -71.39% -11.89%

 

Arguably the most successful NFT project, the Bored Ape Yacht Club (BAYC), is a collection of 10,000 uniquely generated bored apes that are stored on the Ethereum blockchain. Launched on April 23, Bored Ape Yacht Club had a mint price of 0.08 ETH and the collection sold out on April 30, 2021. Since its launch, the project has dropped multiple companion collections including Bored Ape Kennel Club, Mutant Ape Yacht Club, and Otherdeed for Otherside, and has helped onboard a number of high profile and celebrity collectors to the NFT ecosystem.
Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice.
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