NFT Weekly Market Update (Dec 27th — Jan 2nd) | CoinCodeCap’s Weekly

By akohad Jan4,2023

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Number of sales: 107,836

Sales USD: 122,777,581.21$

Average USD (Average price of an NFT): 1,138.64$

Active Market wallets: 54,311

Primary Sales: 17,642

Primary Sales USD: 3,367,926.44$

Secondary Sales: 90,194

Secondary Sales USD: 119,409,654.77$

Unique Buyers: 31,855

Unique Sellers: 31,069

Source: https://nonfungible.com/market-tracker

Total Volume and Sales:

We saw the highest of Number of Sales on 31st December which was 18.6K and the Lowest of number of sales was recorded on 2nd January which was 12.9K. This Metric showed an overall Decrease.

The Highest of Sales volume was recorded on 27th December which was 24.5M$. And the Lowest was recorded on 30th December which was 13.2M$. This Metric also showed an overall Decrease.

Active Market Wallets:

The Highest of Active Market Wallets was recorded on 31st December which was 13.5K and the Lowest was recorded on 2nd January which was 11.1K. This Metric showed an overall Decrease.

Unique Buyers and Unique Sellers:

The Highest of Unique Buyers was recorded on 31st December which was 7.3K. And the Lowest was recorded on 2nd January which was 6.1K. This Metric showed an overall Decrease.

The Highest of Unique Sellers was recorded on 31st December which was 7.6K. And the Lowest was recorded on 2nd January which was 6K. This Metric also showed an overall Decrease.

Primary Sales and Volume:

The Highest of Primary Sales was recorded on 28th December which was almost 2.8K. And the Lowest was recorded on 27th December which was 2.3K. This Metric showed an overall increase.

The Highest of Primary Sales Volume was recorded on 2nd January which was 696.7K$. And the Lowest was recorded on 30th December which was 390K$. This Metric also showed an overall increase.

Secondary Sales and Volume:

The Highest of Secondary Sales was recorded on 31st December which was almost 15.9K. And the Lowest was recorded on 2nd January which was 10.6K. This Metric showed an overall decrease.

The Highest of Secondary Sales Volume was recorded on 27th December which was 24.1M$. And the Lowest was recorded on 30th December which was 12.85M$. This Metric also showed an overall Decrease.

Average Price of an NFT:

The Highest Average price of an NFT was recorded on 27th December which was 1.5K$. And the Lowest was recorded on 31st December which was 808$. This Metric showed an overall Decrease.

Conclusion:

This week, we saw a decrease in the number of sales but an increase in the volume. Apart from that, we also saw an increase in the average price of an NFT and the active market wallets.

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.

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By akohad

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