CryptoPunks leads NFT sales volume for the second day

by Jonathan Adams

The Ethereum-based NFT collection recorded more than $1.25 million in daily sales

CryptoPunks dominated the market with a daily sales volume for the second successive day on Wednesday.

The Ethereum-based NFT collection recorded more than $1.25 million in daily sales with eight total transactions attributed to seven unique buyers and sellers each.

CryptoPunks led the market despite a 25% sales decline from the previous day. Its $1.7 million daily sales volume also led the market on Tuesday, as per CryptoSlam data.

CryptoPunks’ two-day dominance was not able to keep Ethereum, its host chain, at the top of the blockchain rankings for NFT sales. Bitcoin collections collectively achieved $6.68 million in sales on Wednesday, surpassing Ethereum’s $6.04 million.

The second-highest performing collection of the day was DMarket, with a daily sales volume of $725,058, involving a staggering 4,147 unique buyers and 3,569 sellers across 31,734 transactions.

DMarket is a NFT collection that represents in-game items for the Mythos chain.

NodeMonkes on Bitcoin claimed the third spot with a daily sales volume of $717,301.84, engaging 37 unique buyers and 35 sellers in 38 transactions. This is a marginal decline from the $750,024.31 generated the day before. The collection’s all-time sales now stand at $214.35 million, reflecting a strong market position.

NodeMonkes is the all-time leading collection on the Bitcoin network, with $214.5 million in sales. It is now about $1 million away from overtaking CyberKongz, an Ethereum-based collection that currently holds the 26th spot on the all-time sales chart.

Other notable collections that made Wednesday’s top 10 sales list include the BRC-20 NFTs, which saw a daily sales volume of $634,465, and Mad Lads, which generated $518,697 in sales.

Both collections experienced fluctuations in their daily performance, with BRC-20 NFTs witnessing a rise in transactions from the previous day, while Mad Lads saw a drop in sales from $800,760.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of Trading and Investment News. The information provided on Trading and Investment News is intended for informational purposes only. Trading and Investment News is not liable for any financial losses incurred. Conduct your own research by contacting financial experts before making any investment decisions.

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