The latest edition of Boardroom’s NFT Sales Roundup includes updates from Coinbase, Pudgy Penguins, Garbage Bags, and more.
CryptoSlam’s data shows that roughly 464,900 buyers spent over $113.5 million on NFTs in the past seven days, with NFT sales volume down 23% compared to last week. NFT transactions are down 1% overall, with roughly 2.2 million processed between July 14 and July 21. Despite a slight downturn, notable Web3 brands including Bored Ape Yacht Club and CryptoPunks attracted seven-figure deals this past week.
NFT Sales & Blockchain Volume Changes Over the Past Week, per CryptoSlam:
- The top five blockchains — Ethereum (-11.1%), Bitcoin (-70.3%), Solana (-26.2%) Polygon (-12.8%), and ImmutableX (-2.9%) — all traded in the red this past week.
- A new Ethereum-based NFT collection called Garbage Bags attracted $1.1 million in sales during its minting process this past week.
- The Ethereum blockchain attracted $72.7 million in sales while Bitcoin, the second highest by NFT sales volume, only attracted about $9 million.
- Don’t call it a comeback. Pudgy Penguins sales are up again (+81.6%), with the project seeing about $1 million in sales and ranking 18th highest overall for sales volume.
Highest-selling NFT Projects, Also via CryptoSlam:
- Gods Unchained Cards: $4.7 million (+1.3%)
- DMarket: $4.5 million (+33.9%)
- Bored Ape Yacht Club: $4.2 million (-37.8%)
- CryptoPunks: $4.1 million (-6.3%)
- Uncategorized Ordinals: $3.2 million (-51.5%)
More Recent NFT & Crypto News:
- Coinbase CEO Brian Armstrong met with House Democrats in a closed meeting earlier this week to discuss digital asset legislation including setting parameters around taxes, privacy, and national security.
- NARS partnered with five women who are digital artists for a special NFT collection inspired by its iconic Orgasm shade. The collection’s auction kicked off on SuperRare on July 19.
- AI and metaverse tech company Futureverse closed a $54 million Series A funding round led by 10T Holdings with participation from Ripple.