Non-fungible token (NFT) sales have shown improvement over the past month, as 30-day statistics show that NFT sales have increased by 22.37% over the previous month. Over the past seven days, NFT sales have increased by 5.13% from the previous week. In addition, in the last two days, the floor value of Bored Ape Yacht Club (BAYC) NFTs managed to rise more than four ethereum above the floor value of Cryptopunks NFTs.
NFT Sales Improve In November, Up 22% From October Sales — BAYC Floor Outpaces Cryptopunks
About two weeks ago, Bitcoin.com News reported on two blue chip NFT collections – Cryptopunks and Bored Ape Yacht Club (BAYC) NFTs. At that time, Cryptopunks NFTs managed to top BAYC NFTs in terms of NFT floor values, but in the last two days, Bored Ape floor values once again took the reins.
At the time of writing, the cheapest BAYC floor cost is 69.88 ether, while Cryptopunks floor cost is 65.94 ether. The low price of BAYC managed to stay above the main value associated with the Cryptopunks collection for two days.
NFT sales have been higher over the past 30 days, as digital collectible sales totaled $568.19 million last month, up nearly 22.37% from the previous month. Last month, the number of NFT buyers decreased by 12.83% and the number of NFT transactions decreased by 27.09% from the number of NFT transactions last month.
Of the $568.19 million in NFT sales, $443.55 million of these sales were Ethereum-based NFTs. According to statistics recorded by cryptoslam.io, sales of Ethereum-based NFTs increased by 45.99% compared to last month.
The largest NFT sales growth during the month came from Arbitrum blockchain NFT sales as Arbitrum NFT sales increased by 46.83%. Fantom sales, lower than Ethereum and Arbitrum-based NFT sales, were 43.58% higher than the previous month.
Blockchains that saw significant declines for the month included Cardano NFT sales down 54.98%, BNB down 49.21%, Polygon NFT sales down 66.35% and Ronin-based NFT sales down 54.76%. Avalanche-based NFT sales are also down 49.32% compared to the previous month.
The top selling NFT collection over the past month was BAYC as it earned $64,907,645 in the last 30 days. Art Gobblers earned $57.18 million and Mutant Ape Yacht Club (MAYC) NFTs earned $29.14 million.
Of the top 40 NFT collections in terms of sales, Meebits saw the largest 30-day increase as Meebits NFT sales rose 172.85% to $2.53 million this month. The most expensive NFT sold last month was Bored Ape Yacht Club #8,633, as it was sold 12 days ago for $953,000.
BAYC #8,633 is followed by BAYC #1,268, which sold six days ago for $923K, and BAYC #232, which sold six days ago for $908K. The top five most expensive NFTs sold in the last 30 days are BAYC NFTs, with the sixth largest sale being Cryptopunk #8,191, which sold about 26 days ago for $438K.
What do you think of the state of the NFT markets last month and the improvement in sales, up 22% from the previous month? Let us know what you think about this topic in the comments section below.
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