NFTs: Still a Thing? 🧐

by

It appears the world of Non-Fungible Tokens continues apace, though one might question whether with genuine enthusiasm or merely a lingering habit. According to the diligent reckonings of CryptoSlam, the total volume of sales has experienced a most slight elevation, increasing by a mere 1.77% to reach the impressive sum of $77.10 million. One can scarcely discern the difference from the previous week’s $77.04 million, a fluctuation so minute it might well be attributed to the rounding of figures. 🙄

  • NFT sales remain stubbornly at $77 million, whilst, most curiously, the number of purchasers has increased by over twenty-three percent! A most perplexing circumstance.
  • The ‘Guild of Guardians Heroes’ enjoys a startling boom, leaping upwards by 162%, likely due to the merits of the Immutable blockchain. Or perhaps it’s simply fashion.
  • A particularly audacious $X@AI BRC-20 NFT commanded a top transaction of $809,000-a sum that, one suspects, could procure a rather charming estate in the country.

The participation in this digital marketplace has swollen, with 490,600 individuals eager to acquire these novelties, a rise of 23.45%. A further 403,483 souls have taken to offering their own wares, an increase of 15.36%. However, the number of actual transactions has, rather disappointingly, diminished by 18.99%, amounting to a total of 1,100,748. Clearly, a great many contemplations are occurring before a purchase is made.

Concurrent with these digital movements, the price of Bitcoin has reluctantly retreated to the $89,000 mark – a period of “consolidation”, as the gentlemen of finance are fond of calling it. Ethereum, thankfully, has maintained its position above the psychologically significant level of $3,000, a small mercy in these uncertain times.

The collective value of the entire crypto market now stands at $3.05 trillion, a slight decline from last week’s $3.09 trillion. Not a catastrophe, mind you, but hardly a cause for celebration.

A Shifting of Fortunes Amongst the Collections

DMarket, residing on the Mythos blockchain, presently occupies the first rank with sales of $6.73 million, representing a decline of 13.16% from its previous standing. Sufficient transactions occurred to involve 174,549 distinct exchanges, with 13,391 enthusiastic buyers and 11,447 willing sellers.

However, it is the ‘Guild of Guardians Heroes’ on Immutable-Zk which has experienced the most remarkable ascension, soaring to second place with $5.46 million in sales-a staggering increase of 162.04%! It is a testament to either excellent marketing or a most discerning public.

The ‘Algebra Positions NFT-V2′ on Ethereum, alas, has descended to third position with $4.47 million, a substantial decrease of 54.00%. Such is the capricious nature of fashion. A paltry 514 transactions were recorded, involving 131 buyers and 127 sellers.

‘Courtyard’ on Polygon exhibited a more favourable performance, securing fourth position with $3.42 million-an increase of 39.07%-and recording a considerable 70,842 transactions.

‘Gods Unchained Cards’ entered the rankings at fifth with $2.43 million, exhibiting an astounding ascent of 253.00%! One wonders what sparked such enthusiasm.

‘Panini America’ placed sixth at $2.28 million, achieving a surge of 298.37%. The collection recorded 30,151 transactions. One imagines a great deal of digital trading cards have been exchanged.

‘Pudgy Penguins’, regrettably, tumbled to seventh with $2.26 million, down 15.50%. YES BOND on BNB swiftly entered at eighth with $2.09 million, up 133.82%.

‘CryptoPunks’, a collection once held in the highest esteem, found itself relegated to ninth at $2.06 million, down 24.54%. A mere 16 transactions were recorded-a disturbing sign, one might venture to suggest.

The Blockchain Landscape

Ethereum remains, for now, the dominant force with $27.30 million in sales, though even it has suffered a decline of 13.55%. Almost $4.63 million in transactions appear to be, shall we say, artfully enhanced, bringing the grand total to $31.93 million. The number of buyers, however, has increased by 30.87% to reach 41,109.

Immutable (IMX) has achieved a remarkable ascent to second place with $8.51 million, surging 148.59% ! The blockchain boasts 7,365 buyers, an increase of 21.27%.

BNB Chain retains third position with $7.73 million, experiencing a modest increase of 3.55%. A noteworthy $92,941 in wash trading was observed, accompanied by a robust surge in buyers to 62,550.

Bitcoin managed to secure fourth position with $7.19 million, displaying an increase of 17.60%. Mythos Chain registered $6.88 million, recording a decrease of 12.30%.

Polygon placed sixth at $4.38 million, up 24.75% and Solana (SOL) landed in seventh with $4.03 million, down 1.33%.

A Most Singular NFT

An intriguing $X@AI BRC-20 NFT commanded the highest price of the week at $809,337.16 (8.7195 BTC). A sum quite sufficient to secure a comfortable living for one’s entire family-though one wonders if it is a wise investment.

‘CryptoPunks #1925’ followed closely with $547,161.69 (195 ETH).

  • ‘CryptoPunks #6615’ sold for $153,356.75 (47.99 ETH)
  • ‘CryptoPunks #309’ sold for $134,530.52 (42 ETH)
  • ‘CryptoPunks #5203’ sold for $111,158.93 (35 ETH)

Read More

2025-12-06 11:51