NFT week data review: sales volume increased for two consecutive weeks, but the average transaction price was less than 15% at the beginning of the month

Last week, the average daily sales volume of NFT increased by 17.43% week-on-week, while the average daily sales total decreased by about 22.15% week-on-week

NFT week data review: sales volume increased for two consecutive weeks, but the average transaction price was less than 15% at the beginning of the month

The average transaction price of a single NFT decreased by about 34.62% week-over-week, and has fallen for three consecutive weeks. The first-time transaction market is more active than the secondary market.

Average daily NFT sales volume increased 17.43% week-over-week, with the first-time transaction market more active

According to NonFungible, last week, NFT sales volume continued the growth trend of the previous week. The average daily sales volume was about 21,700 units, up about 17.43% week-over-week and up about 42.71% from two weeks ago.
The number of NFTs traded for the first time also rose for the second consecutive week. Last week, the average daily number of NFTs traded for the first time accounted for about 61.95% of the total sales volume, up about 9.56% week-over-week. Relatively speaking, the number of NFTs for secondary transactions grew at a slower pace, resulting in a decrease of about 12.44% week-over-week in the average ratio of daily NFTs for secondary transactions to total sales volume.

Total sales volume continued to be low, with the primary market sales ratio increasing by approximately 11.41% week-over-week

Last week, total daily sales in the NFT market were basically in the range of $15-18 million and remained relatively subdued. Average daily sales were about $16,821,600, down about 22.15% week-over-week, but total sales have stopped falling and stabilized and rebounded slightly.

In terms of market segmentation, the first-time transaction market was more active last week. The ratio of total daily first-time transactions to total transactions is continuing to rise, with an average daily ratio of about 36.10%, up about 11.41% week-on-week; the average ratio of total daily secondary transactions to total transactions is about 63.90%, down about 5.47% week-on-week. The size gap between the two market segments was further narrowed.

As of 13:30 today, according to NonFungible, among the three NFT programs with the highest sales in the last 7 days, CryptoPunks and Sorare still ranked first and second, with 7-day cumulative sales of about $5,274,400 and $2,732,900 respectively. Meebits, which ranked third last week, has dropped to sixth with current 7-day sales of about $990,500, while The Sandbox jumped to third with current 7-day cumulative sales of about $1,580,700. In the NFT market, the headline projects CryptoPunks and Sorare are performing steadily, but the second tier is rotating more.

The average NFT transaction price fell for three consecutive weeks and is already less than 15% of the beginning of the month

The average transaction price of a single NFT has dropped for three consecutive weeks, with last week’s average transaction price at around $775.20, down about 34.62% week-over-week, and already less than 15% of the average transaction price in the first week of the month (5/3-5/9). on May 26, the average transaction price of a single NFT was about $742.38, again setting a new low in the past three months.
Inside the three NFT projects with the highest sales in the last 7 days, the highest average transaction price was CryptoPunks, with a single pixel avatar selling at an average price of about $65,117.04, well above the average.

Last week, the average price of a single NFT transaction in the secondary market was about three times higher than that in the primary market, with the price difference stabilizing from the previous week. The first and second transactions of the average price of a single NFT transactions were about $ 451.04 and $ 1306.55, down about 33.22% and 29.36%, respectively, week-on-week. the lowest price of the first transaction in May also appeared last week, for May 26, the average price of the first transaction of NFT was only $ 405.45.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/nft-week-data-review-sales-volume-increased-for-two-consecutive-weeks-but-the-average-transaction-price-was-less-than-15-at-the-beginning-of-the-month/
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