Haider Jamal

May 09, 2024

CryptoPunks Experience Resurgence But Bitcoin NFTs Maintain Lead

CryptoPunks maintained its market dominance, achieving the highest daily sales volume for the second consecutive day this Wednesday. The Ethereum-based non-fungible token (NFT) collection marked over $1.25 million in daily sales through eight transactions involving seven distinct buyers and sellers each.

Despite a 25% decline in sales compared to the previous day, CryptoPunks still led the market with a $1.7 million daily sales volume on Tuesday, according to data by CryptoSlam. However, Ethereum, its underlying chain, did not retain its top position in blockchain rankings for NFT sales. Bitcoin collections collectively amassed $6.68 million in sales, surpassing the Ethereum amount of $6.04 million.


Bitcoin And Ethereum NFTs Lead The Charge

The second-highest performing collection on Wednesday was DMarket, with a daily sales volume of $725,058, involving an impressive 4,147 distinct buyers and 3,569 sellers across 31,734 transactions. DMarket is an NFT collection representing in-game items for the Mythos chain.

Elsewhere, NodeMonkes on Bitcoin secured the third spot with a daily sales volume of $717,301.84, involving 37 distinct buyers and 35 sellers in 38 transactions. This marked a slight decrease compared to the previous amount of $750,024. The cumulative sales of the collection now reach $214.35 million, showcasing a robust market presence.

NodeMonkes stands as the leading collection on the Bitcoin network in terms of all-time sales, with $214.5 million. It is nearing CyberKongz, an Ethereum-based collection ranked 26th on the all-time sales chart, with a difference of approximately $1 million.


NFTs Back On Track

Other noteworthy collections featured in the top 10 sales list on Wednesday include the $PMPS BRC-20 NFTs, recording a daily sales volume of $634,465, and Mad Lads, which generated $518,697 in sales.

Both collections experienced fluctuations in their daily performance, with $PMPS BRC-20 NFTs observing an increase in transactions compared to the previous day, while Mad Lads saw a massive decrease in sales. Additionally, Solana Monkey Business, Bored Ape Yacht Club, Mutant Ape Yacht Club, DogeZuki Collection, and Guild of Guardians Avatars also featured among the top-performing NFT collections for the day.


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