Based on data from NFT data aggregators CryptoSlamsales of NFTs minted on the Ethereum network have gradually declined since the beginning of August.
In fact, at the time of writing, the chain’s total sales were $82,541,608.15. This is a 10% drop in the past 7 days alone.
Now, how have the leading NFT collections on the Ethereum network fared during the aforementioned period?
This is a collection of 10,000 unique generated characters. At press time, the NFT Collection has a floor price of 74.49 ETH, up 9.54% over the past 7 days.
According to from NFTGo. During this period, the number rose 135%. After gaining 3.21% over the past seven days, the series has a market cap of $2.41 billion.
However, a lot of trading activity has been going on in the past 24 hours.In fact, the data comes from CryptoSlam Putting CryptoPunks on top of other projects as the top selling NFT collection in the last 24 hours.
Boring Ape Yacht Club (BAYC)
founder Yuga Laboratories, BAYC is a collection of 10,000 unique Bored Ape NFTs designed to exist on the Ethereum blockchain. In the past 7 days so far, 58 sales transactions have been completed between 53 sellers and 57 buyers, with a total of $8.52 million in sales for this NFT collection.
Unfortunately, unlike CryptoPunks, BAYC noticed a 2.65% drop in its market cap over the same period.
Its floor price also fell -4.75% over the past 7 days. At press time, the price on the chart is 81.75 ETH.
The series also noted that its sales have taken a huge hit in the past 24 hours. The amount recorded was just over $1.2 million, a 52% drop over the aforementioned period.
Described as a PFP with utility functions, Moonbirds is a collection of 10,000 NFTs, each with a diverse and unique pool of rarity features.
The base price of the series has dropped 12.06% over the past 7 days. Collectors can pick up the Moonbird for as little as 16.4 ETH ($27,603.40) at press time. As expected, sales rose more than 30% in seven days to $4.47 million as floor prices steadily declined.