CoinCodeCap Weekly brings you an entire week’s market updates and news in one article. Got no time to stay updated during weekdays? No worries, we got your covered!
Number of sales: 288,693
Sales USD: 87,737,507.09$
Average USD (Average price of an NFT): 303.91$
Active Market wallets: 71,962
Primary Sales: 143,054
Primary Sales USD: 7,543,825.64$
Secondary Sales: 145,639
Secondary Sales USD: 80,193,681.45$
Unique Buyers: 49,964
Unique Sellers: 35,808
Source: https://nonfungible.com/market-tracker
We saw fluctuations in the number of sales throughout the week. We saw the highest of this metric on 10th September which was 46K. And on the next day, on 11th September we saw a major dump in the number of sales which was 27K. We saw an overall decrease.
The highest volume of sales was recorded on 8th September which was 16.2M$. After it, we saw a major dump in this metric and the lowest of this metric was recorded on 11 September which was 3.1M$. We saw an overall decrease.
We saw a major dump in this metric too. The highest of this metric was recorded on 6th September which was 18.7K. And the lowest of Active Market Wallets was recorded on 11th September which was 9.3K. Overall we saw a major decrease.
Unique Buyers showed an overall decrease. The highest of this metric was recorded on 6th September which was 11.8K. And the lowest of Unique Buyers was recorded on 11th September which was 6.1K.
Unique Sellers also showed an overall decrease. The highest numbers were recorded on 7th September which was 9.06k. And the lowest of this metric was recorded on 11th September which was 4.3k.
This data for the volume of primary sales showed fluctuations throughout the week, however, it showed an overall increase. The highest daily data for this metric was recorded on Saturday which was around 24K. On the other hand, the lowest the daily data for this metric was recorded at the start of the week on Monday, the recorded data value was around 12.5K.
This data for the volume of primary sales showed an overall decrease. However, there was a huge pump on Thursday which became the highest daily data recorded this week for this metric. The highest daily data recorded was 2.2M$ and the lowest daily data was recorded on Sunday which was 533K$.
The data for the number of secondary sales didn’t show a noticeable fluctuation throughout the week, however, it showed a major dump as it reached the end of the week. The highest data was recorded on Saturday which was around 22.8K. On the contrary, the lowest data was recorded on Sunday which was almost 12.8K.
The volume of secondary sales did not show a noticeable fluctuation till the middle of the week, however, the data then started showing a dump. The highest daily data was recorded on Thursday which was around 14M$. The daily lowest data was recorded on Sunday which was almost 2.6M$
We saw fluctuations in this metric. The highest of this metric was recorded on 8th September which was 464k. After it, we saw a dump, and the lowest of this Metric was recorded on 10th September which was 85k. We saw a major price dump in this metric and it showed an overall decrease.
We see a decrease in some of the major metrics like the overall volume and the average price of an NFT. This shows a continuation of the bearish phase.
However, there were pumps in some metrics like the number of sales and the volume of primary sales. This shows that the projects launched this week performed comparatively better than the previous week.
Even if there were pumps in a few metrics, there is still no sign of good health for the market and we expect to see it continuing this phase further.
The information above does not constitute investment advice, and the author does not ask you to either buy or sell any of the assets mentioned in the article.
