The non-fungible token market continues to heat up with strong sales volume on OpenSea, an NFT marketplace for buying and selling items.
A waitlist for the highly anticipated Coinbase Global Inc COIN NFT marketplace has more than 2.5 million people signed up, which could increase the valuation and demand for NFT projects.
Every week, Benzinga takes a look at the top 10 NFT projects by sales volume.
Here is a look at the top 10 NFT projects from the past week, as reported by CryptoSlam.
- Invisible Friends: $57.5 million, N/A
- 3Landers: $42.2 million, +289.4%
- Tubby Cats: $37.8 million, N/A
- Bored Ape Yacht Club: $25.6 million, +49.7%
- Mfers: $18.6 million, -4.6%
- NFT Worlds: $16.6 million, -20.0%
- Azuki: $15.1 million, -58.3%
- CloneX: $14.7 million, -12.0%
- Starcatchers: $14.4 million, N/A
- Howlerz: $13.9 million, N/A
What Happened: Invisible Friends topped the list with the minting of the highly anticipated collection of 5,000 NFTs. The floor price hovered around 12 Ethereum ETH/USD after the mint, and some sales topped the 15 ETH mark. Two Invisible Friends sold for 110 ETH after they were revealed. The current floor price is 6.59 ETH.
3Landers was the biggest gainer of the week’s top 10, going from ninth place last week to second. The collection has a floor price of 1.9 ETH and saw sales volume jump over 280%.
Tubby Cats was new to the top 10 with a mint of the 20,000 NFT collection. The current floor price is 0.545 ETH.
Starcatchers and Howlerz were the other two newcomers to the top 10 this week, ranking ninth and 10th on the week respectively.
Bored Ape Yacht Club jumped four spots with a 50% increase in sales volume. The move comes on the heels of rumors that Tesla Inc TSLA CEO Elon Musk could join the project. The rumors come from photographs of Musk with MoonPay co-founders and MoonPay’s recent purchases of two Bored Apes.
CloneX from RTFKT, a company that Nike Inc NKE is acquiring, gained two spots, moving from 10th to eighth place.
Ranking just outside the top 10 were The Doggies, a collection of avatars for The Sandbox from Snoop Dogg with sales volume of $13.7 million.
Axie Infinity fell out of the top 10 with a 31.9% sales volume decline and came in 12th place for the week with sales of $13.5 million.
Photo: Courtesy of Marco Verch Professional on Flickr
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.
All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.
Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.
Rate collection and criteria: Click here for more information on rate collection and criteria.