NFT Weekly Market Update (Jan 21st – Jan 27th) | CoinCodeCap's Weekly
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
Weekly Data recorded:
Number of sales: 99,858
Sales USD: 109,054,924.74$
Average USD (Average price of an NFT): 1,092.04$
Active Market wallets: 51,377
Primary Sales: 21,332
Primary Sales USD: 3,537,944.57$
Secondary Sales: 78,523
Secondary Sales USD: 105,487,865.66$
Unique Buyers: 33,348
Unique Sellers: 26,330
Source: https://nonfungible.com/market-tracker
Total Volume and Sales:
We saw the highest of Number of Sales on 25th January which was 15.2K and the Lowest of number of sales was recorded on 22nd January which was almost 13.5K. This Metric showed an overall increase.
The Highest of Sales volume was recorded on 22nd January which was 16.7M$. And the Lowest was recorded on 27th January which was almost 13M$. This Metric showed an overall decrease.
Active Market Wallets:
The Highest of Active Market Wallets was recorded on 25th January which was almost 12.1K and the Lowest was recorded on 22nd January which was 11.4K. This Metric showed an overall increase.
Unique Buyers and Unique Sellers:
The Highest of Unique Buyers was recorded on 25th January which was 7.2K. And the Lowest was recorded on 22nd January which was 6.6K. This Metric showed an overall increase.
The Highest of Unique Sellers was recorded on 25th January which was 6.2K. And the Lowest was recorded on 21st January which was 5.8K. This Metric also showed an overall increase.
Primary Sales and Volume:
The Highest of Primary Sales was recorded on 26th January which was 3.2K. And the Lowest was recorded on 23th January which was 2.9K. This Metric showed an overall increase.
The Highest of Primary Sales Volume was recorded on 24th January which was 619.7K$. And the Lowest was recorded on 26th January which was 427K$. This Metric also showed an overall increase.
Secondary Sales and Volume:
The Highest of Secondary Sales was recorded on 25th January which was 12.1K. And the Lowest was recorded on 22nd January which was 10.5K. This Metric showed an overall increase.
The Highest of Secondary Sales Volume was recorded on 22nd January which was almost 16.3M$. And the Lowest was recorded on 27th January which was 12.4M$. This Metric showed an overall decrease.
Average Price of an NFT:
The Highest Average price of an NFT was recorded on 22nd January which was 1.2K$. And the Lowest was recorded on 23rd January which was 910.5$. This Metric showed an overall decrease.
Conclusion:
In the past few days, we saw a decrease in almost every metric.
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.