.

Data shows non-fungible token assets (NFT) continue to set records week after week. Statistics show that over $1 billion was spent on NFT sales during the week ending August 31st. Meanwhile, this week’s data shows $821 million in NFT sales have been settled so far, dropping a hair since the week prior.

Weekly Stats show that NFT sales are still on fire

Nonfungible tokens (NFTs), have been extremely popular. Many NFTs sell for thousands to millions of dollars in crypto. Statistics from nonfungible.com‘s market history indicates that on August 29, 2021, seven-day sales broke an all-time high (ATH) at $1 billion in overall sales across all markets and NFT collections. Data from September 1, 2021, indicates sales are down from the ATH at $821 million this week.

Cryptopunks is the top collection selling during the last seven days according to dappradar.com weekly NFT sale statistics. The Cryptopunks project saw $246 million in volume, up 7. 32% since the week prior.

The second-largest NFT collection in terms of volume is Mutant Ape Yacht Club (MAYC) which saw $210 million in trade volume. A collection of NFTs called “The Loot for Adventurers” captured the third-largest NFT volumes this week, commanding $150 million in seven days.

Opensea Market Commands High Volumes, Loot For Adventurers’ NFTs Deliver Top Sales

Coming in fourth place this week is Axie Infinity as the NFT gaming universe built on Ethereum saw $144 million in weekly volume. The fifth-largest volume belongs to the NFT collection called Art Blocks which saw $144 million in seven days as well.

The top NFT marketplace according to dappradar.com in terms of 24-hour sales is Opensea. The Opensea marketplace saw $179.5 million in volume during the last 24 hours.Opensea is followed by Axie Infinity, Superrare, the Tezo’s NFT market called Hic et nunc, NBA Top Shot and Rarible.

The marketplace Rarible was followed by the markets Polygon’s Aavegotchi and Wax’s Atomicmarket. During the last 24 hours, the top NFT sale belongs to The Loot for Adventurers’ NFT called Bag #748, which sold for 250 ether or $945K. The Bag #748 NFT is followed by Bored Ape Yacht Club #17, which sold for 200 ether or $755K.

What do you think about the massive volume and super expensive NFT sales during the last few weeks? Please comment below to let us know your thoughts on this topic.

Image Credits: Shutterstock, Pixabay, Wiki Commons, dappradar.com, nonfungible.com,

Disclaimer: This article is for informational purposes only. This article is not intended to be a solicitation or offer to buy or sell any products or services. Bitcoin.com does not provide investment, tax, legal, or accounting advice. The author and the company are not responsible for any loss or damage resulting from or in connection to the content, goods, or services discussed in this article.

Read More