The non-fungible token market is heating up further with strong sales volume on the NFT Marketplace OpenSea.
In addition, the launch of the long-awaited platform for buying and selling digital coins from Coinbase Global Inc. (NASDAQ: COIN) has helped grow the industry with millions of potential new investors.
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Two new NFTs generated huge sales and set new records in the past month.
Each week, Benzinga reviews the top 10 NFT projects by CryptoSlam sales volume.
Here’s a look at the top 10 NFTs by sales volume for the week that just ended:
- Otherdeed for Otherside – $ 253,500,000
- Bored Ape Yacht Club – USD 143,700,000, +130.7%
- Mutant Ape Yacht Club – USD 122,700,000, +26.8%
- Moonbirds – 53,200,000 USD, – 75.3%
- Okay Bears – $ 46,800,000
- imaginary – $ 40,900,000
- VeeFriends series 2 – 40,000,000 USD, +129.3%
- Akutars – $ 39,900,000
- Meebits – USD 27,600,000, +134.1%
- Bored Ape Kennel Club – USD 27,400,000, +4.1%
This week’s ranking included four new projects as well as a new 24-hour trading volume record set by a new token.
Otherdeed for Otherside was launched on Saturday by Yuga Labs, the publisher of the Bored Ape Yacht Club. The token was soon sold out after selling all of its 55,000 NFTs at a unit price of 305 ApeCoins (CRYPTO: APE), or about $ 6,000.
The energy needs of the project have led to a real gas war with more than $ 150 millionEthereums (CRYPTO: ETH) burned Saturday night and many transactions failed. At the time of writing, the bottom price of Otherdeed is 7.2 ETH, or about $ 19,950.
Its 24-hour sales volume broke the record that Moonbirds had just set.
Bored Ape Yacht Club and Mutant Ape Yacht Club occupy second and third place in the rankings, respectively. They had a strong sales volume as holders of both NFT collections were able to claim a free Otherdeed over the weekend.
that Moonbirds located in fourth place, and despite its dive, it is still one of the best NFTs in the last 30 days and through the ages measured by sales volume, despite being relatively new in space. Among the investors in the project are, among others, co-founder of Save your, Alexis Ohanian.
The Okay Bears, a new collection of 10,000 NFTs from Solana (CRYPTO: SUN), is perhaps the week’s biggest surprise. The token, which had a new price of 1.5 SOL, was in high demand after supplies ran out, leading to a bottom price of over 150 SOL before falling, set at 87 SOL, or about $ 7,671, at the time of writing. Okay Bears are available for secondary sale at Magic Eden; it is also one of the first Solana projects listed on OpenSea.
Akutars was another newcomer that was in high demand despite problems with the contract, leading to an Ethereum burn.
Overall, the NFT Top 10 list by sales volume saw four new entrants and only a drop from the previous six projects on the rankings.
As for the excluded, the doodles saw its sales volume increase by 95% and reached the 13th position. L ‘Ethereum Name Services (CRYPTO: ENS) came in at # 18 with a 4.248% increase in sales volume, driven by a rush to buy three- and four-digit addresses.
Adidas Originals also jumped 90% to 22nd position with the announcement of a requirement for physical goods fromAdidas AG (OTC: ADDYY).
Photo courtesy of opensea.io