Forkast 500 NFT index slips, BAYC NFTs sees highest sales volume
The Forkast NFT 500 Index, a proxy measure of the performance of the global non-fungible token (NFT) market based on 500 eligible smart contracts, slipped 0.68% to 4,276.12 in the 24 hours through 4:45 p.m. in Hong Kong on Wednesday.
See related article: Fed’s Powell says stablecoins could have role in financial sector if properly regulated
Fast facts
- Global NFT sales rose 1.88% to US$30 million, and the unique number of buyers increased 1.45% to 73,180, according to Cryptoslam.io data.
- Sales of Ethereum, the leading blockchain network for NFTs, gained 69.62% to US$22.8 million in the last 24 hours, while the number of on-chain transactions on the network fell 11.8% to 94,345. The Forkast ETH NFT Composite – that measures the performance of Ethereum NFT market including up to 250 smart contracts – fell 0.83% to 1,418.42.
- Solana, the second largest NFT blockchain, slumped 11.57% in sales to US$2.96 million. NFT sales on the third largest Polygon network gained 26.35% to US$1.96 million. The Forkast SOL NFT Composite — measuring the performance of Solana NFT market including up to 100 smart contracts — lost 0.90% to 1,208.08.
- The Bored Ape Yacht Club (BAYC) NFT collection had the highest sales in the 24 hours leading up to Wednesday afternoon in Asia, rising 22.6% to US$2.21 million.
- Ethereum-based Mocaverse, the membership NFT collection from Web 3.0 venture capital and game developer Animoca Brands, had the second highest sales at US$1.67 million, dropping 8.72% in the last 24 hours.
- Coinllectibles, the art and auction-focused NFT project based in the Polygon network, placed third on Cryptoslam in 24 hour sales, rising 31.1% to US$1.38 million.
- Sorare, the global sports game platform that allows users to trade NFT cards of sports players, had the highest number of NFT transactions with 18,284, despite falling 4.16%. The collection also had the highest number of buyers with 7,130, which rose 96.29% in the last day.
See related article: Ethereum validators win ‘short term’ as Blur, OpenSea rivalry drives up gas fees
Read More
Forkast 500 NFT index slips, BAYC NFTs sees highest sales volume
The Forkast NFT 500 Index, a proxy measure of the performance of the global non-fungible token (NFT) market based on 500 eligible smart contracts, slipped 0.68% to 4,276.12 in the 24 hours through 4:45 p.m. in Hong Kong on Wednesday.
See related article: Fed’s Powell says stablecoins could have role in financial sector if properly regulated
Fast facts
- Global NFT sales rose 1.88% to US$30 million, and the unique number of buyers increased 1.45% to 73,180, according to Cryptoslam.io data.
- Sales of Ethereum, the leading blockchain network for NFTs, gained 69.62% to US$22.8 million in the last 24 hours, while the number of on-chain transactions on the network fell 11.8% to 94,345. The Forkast ETH NFT Composite – that measures the performance of Ethereum NFT market including up to 250 smart contracts – fell 0.83% to 1,418.42.
- Solana, the second largest NFT blockchain, slumped 11.57% in sales to US$2.96 million. NFT sales on the third largest Polygon network gained 26.35% to US$1.96 million. The Forkast SOL NFT Composite — measuring the performance of Solana NFT market including up to 100 smart contracts — lost 0.90% to 1,208.08.
- The Bored Ape Yacht Club (BAYC) NFT collection had the highest sales in the 24 hours leading up to Wednesday afternoon in Asia, rising 22.6% to US$2.21 million.
- Ethereum-based Mocaverse, the membership NFT collection from Web 3.0 venture capital and game developer Animoca Brands, had the second highest sales at US$1.67 million, dropping 8.72% in the last 24 hours.
- Coinllectibles, the art and auction-focused NFT project based in the Polygon network, placed third on Cryptoslam in 24 hour sales, rising 31.1% to US$1.38 million.
- Sorare, the global sports game platform that allows users to trade NFT cards of sports players, had the highest number of NFT transactions with 18,284, despite falling 4.16%. The collection also had the highest number of buyers with 7,130, which rose 96.29% in the last day.
See related article: Ethereum validators win ‘short term’ as Blur, OpenSea rivalry drives up gas fees
Read More