Seven days ago, non-fungible token (NFT) marketplaces saw sales nosedive after reaching all-time highs during the month of August. A week later sales have rebounded to a degree and NFT marketplaces like Opensea, Rarible, and Superrare have seen improvements in terms of seven-day trade volumes.
Opensea, Rarible, Hic et nunc, Makersplace, Superrare See NFT Weekly Volumes Improve
On September 12, 2021, Bitcoin.com News reported on the fact that non-fungible token (NFT) sales had plummeted 86% on September 10 from a mid-August all-time sales high. The report noted that the top NFT marketplace by sales volume, Opensea, saw its seven-day sales slide 52.47%. A variety of NFT markets and popular collections had seen sales slow down dramatically between September 10th to the 13th.
NFT marketplaces Aavegotchi, Superrare, and Foundation.
However, a week later, NFT sales are rebounding to some degree and popular markets and collections are picking up steam. Statistics from dappradar.com indicate that Opensea saw $629.35 million in trade volume across 172,267 traders.
Weekly volume has improved by 0.94% and the number of Opensea traders has jumped by 9.02%. Opensea is compatible with the Ethereum and Polygon networks. The second-largest NFT project by weekly volume on September 19 is Axie Infinity with $110.61 million in seven-day sales.
NFT marketplaces Rarible, Opensea, NBA Top Shot, Makersplace, Hic et nunc, Axie Infinity, and Atomicmarket.
Despite being the second-largest in terms of seven-day volume, Axie Infinity volume is ultimately down 23.93% during the last week. Rarible’s volume during the week was $4.9 million and it’s up 60.27% higher than last week.
The Tezos-powered Hic et nunc NFT marketplace raked in $4.51 million and is up 35.69% this week. The marketplace Superrare.co took in $3.31 million and increased 11.92% in seven days. Makersplace did well this week raking in about $557K in trade volumes and an increase of 31.83%.