The non-fungible token market continues to heat up and is seeing record sales volume on platforms like OpenSea, an NFT marketplace for buying and selling items.
Coinbase Global Inc (NASDAQ:COIN) announced plans to launch an NFT marketplace, which could impact interest in NFTs later this year.
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This week’s top ten list saw some newcomers and continued to see familiar names ranks as the top ten NFTs by sales volume.
Here is a look at the top 10 NFT projects by sales volume from the past week, as reported by CryptoSlam.
- Axie Infinity: 120.8 million, -16.6%
- MekaVerse: $62.6 million, -15.1%
- Kaiju Kingz: $27.4 million, NA
- CryptoPunks: $22.6 million, -35.6%
- Mutant Cats: $21.0 million, +5.8%
- Art Blocks: $17.1 million, -37.0%
- Bored Ape Yacht Club: $14.9 million, -31.3%
- NBA Top Shot: $13.9 million, +134.5%
- CrypToadz: $11.4 million, -79.3%
- Farmers World: $8.3 million, +2.2%
Related Link: Coinbase Set To Take On OpenSea With NFT Platform: What Investors Need To Know
What Happened: Axie Infinity topped the list again, as no surprise to those familiar with the NFT market. The play to earn NFT game has sales volume of over $2.5 billion, ranking first amongst all projects.
MekaVerse was a newcomer on last week’s top ten list and has been one of the most in-demand projects of 2021. MekaVerse held a raffle to see who would be able to mint at a price of 0.1 Ethereum (CRYPTO: ETH) each. After initial sales averaging in the 5 ETH to 10 ETH range, the Mekas have lost momentum after a reveal was delayed several times.
Kaiju Kingz was the big debut of the week with $27.4 million in sales volume and a third place finish for the week. The project has 3,333 genesis Kaiju Kingz and plans for staking and additional NFTs down the road.
NBA Top Shot re-entered the top ten, after many months away. The project from Dapper Labs launched a Run it Back pack series Friday featuring moments from the 2005-2006 NBA season and first Top Shots from players like Dwayne Wade, Shaquille O’Neal and Allen Iverson. Packs were $169 each.