CryptoPunks has led the pack of top NFT collections by weekly sales volume with a huge margin. It has generated $7.19 million sales in the week, according to latest weekly data from Phoenix. This iconic collection, known for uniquely generated characters on the Ethereum blockchain, continues to hold significant value in the non-fungible tokens market. Its high sales volume reflects its strong position and lasting appeal among collectors and investors alike.
TOP #NFT COLLECTIONS BY WEEKLY SALES VOLUME #CryptoPunks #DMarket #GuildofGuardians #Sorare #BoredApeYachtClub #SolanaMonkeyBusiness #Dogezuki #PudgyPenguins #DeGods #NodeMonkes #MiladyMaker #MutantApeYachtClub pic.twitter.com/60AHtpgzL0
— PHOENIX – Crypto News & Analytics (@pnxgrp) August 23, 2024
DMarket Follows CryptoPunks with $4.98M in Weekly NFT Sales
Next on the list, DMarket completed $4.98 million worth of sales following CryptoPunks. One such platform is a blockchain-based platform for buying and selling virtual assets known as DMarket, which is well-known and easy to use. The platform’s sales also reflect the increasing demand for non-art NFTs such as games and other collectibles. However, DMarkets led the weekly sales during the last two weeks but this time CryptoPunks took the lead.
Guild of Guardians, a mobile game that enables players to earn NFTs, claimed the third place with weekly sales of $3.03 million. It also shows how gaming and NFTs are becoming intertwined, with users able to own and sell in-game items. This trend is relatively new but is gradually growing in popularity as more and more gamers get to understand the effectiveness of blockchain.
Top NFT Collections Highlight Expanding Digital Economy
Fantasy football using digital player cards that can be bought, sold, and traded on the Sorare platform which is with $2.75 million in sales. Soccer has a strong following in the sports betting space, and through the intersectionality of sports and NFTs, the platform has garnered football lovers to become part of the NFT market. Another favorite, Bored Ape Yacht Club, also made it to the list of the most popular collections. They have sold worth $2.66 million in total.
Other ranked collections also in the top ten are Solana Monkey Business, Dogezuki, Pudgy Penguins, DeGods, NodeMonkes, Milady Maker, and Mutant Ape Yacht Club. These collections each reported sales between $1.07 million and $2.37 million, proving that NFTs and cryptocurrencies have indeed continued their diversification. These collections, together with new arrivals, will define the future of digital assets and self-expression as the industry grows.