NFT Weekly Market Update (Feb 7th — Oct 13th) | CoinCodeCap’s Weekly

By akohad Feb14,2023

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Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.

Number of sales: 42,507

Sales USD: 106,628,446.55$

Average USD (Average price of an NFT): 2,509.48$

Active Market wallets: 29,863

Primary Sales: 12,763

Primary Sales USD: 4,064,550.77$

Secondary Sales: 29,755

Secondary Sales USD: 102,603,426.60$

Unique Buyers: 18,723

Unique Sellers: 14,714

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

Total Volume and Sales:

We saw the highest of Number of Sales on 11th February which was 6.8K and the Lowest of number of sales was recorded on 7th February which was 5.2K. This Metric showed an overall Increase.

The Highest of Sales volume was recorded on 8th February which was 18.2M$. And the Lowest was recorded on 11th February which was 12.2M$. This Metric showed an overall Decrease.

Active Market Wallets:

The Highest of Active Market Wallets was recorded on 11th February which was 6.3K and the Lowest was recorded on 7th February which was 5.4K. This Metric showed an overall Increase.

Unique Buyers and Unique Sellers:

The Highest of Unique Buyers was recorded on 11th February which was 3.9K. And the Lowest was recorded on 7th February which was 3.1K. This Metric showed an overall Increase.

The Highest of Unique Sellers was recorded on 11th February which was 3K. And the Lowest was recorded on 13th February which was 2.6K. This Metric showed an overall Decrease.

Primary Sales and Volume:

The number of Primary Sales showed an overall increase throughout the week. The Highest of this Metric was recorded on 11th February which was 2.3K. The Lowest of this Metric was recorded on 7th February which was almost 1.4K.

Primary Sales volume showed an overall Increase. The Lowest of this Metric was recorded on 9th February at the start of the week which was almost 398.5K$, and the Highest of this Metric was recorded on 11th February which was 967.1K$.

Secondary Sales and Volume:

The number of secondary sales showed an overall decrease throughout the week. The highest number of secondary sales was 4.5K which was recorded on February 11th. Meanwhile, the lowest number of secondary sales was 3.8K which was recorded on February 7th.

The secondary sales volume showed an overall decrease throughout the week. The highest secondary sales volume was 17.8M$ which was recorded on February 8th. Meanwhile, the lowest secondary sales volume was 11.26M$ which was recorded on February 11th.

Average Price of an NFT:

The Highest Average price of an NFT was recorded on 7th February which was 3.4K$. And the Lowest was recorded on 11th February which was 1.7K$. This Metric showed an overall Decrease.

Conclusion:

In most of the metrics we saw a decrease in their data. However, the rest of them showed an increase.

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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