Home Crypto NFT Weekly Market Update (Oct 3rd — Oct 9th) | CoinCodeCap’s Weekly

NFT Weekly Market Update (Oct 3rd — Oct 9th) | CoinCodeCap’s Weekly

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NFT Weekly Market Update (Oct 3rd — Oct 9th) | CoinCodeCap’s Weekly

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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: 167,410

Sales USD: 71,865,572.05$

Average USD (Average price of an NFT): 429.28$

Active Market wallets: 62,851

Primary Sales: 64,594

Primary Sales USD: 5,776,303.35$

Secondary Sales: 102,816

Secondary Sales USD: 66,089,268.70$

Unique Buyers: 43,136

Unique Sellers: 32,812

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

Total Volume and Sales:

Number of Sales did good this week but it showed an overall decrease at the end of the week. The Highest of this Metric was recorded on 7th October which was 29.5K. And the Lowest of this Metric was recorded at the end of the week on 9th October which was 16.7K.

Sales Volume Also showed an overall decrease. The Highest of this Metric was recorded on 6th October which was 11.7M$. And the Lowest of this Metric was recorded on 9th October which was 8.8M$.

Active Market Wallets:

Active Market Wallets showed an overall decrease. The Highest of this Metric was recorded on 6th October which was 16.7K. And the Lowest of this Metric was recorded on 9th October which was 12.7K.

Unique Buyers and Unique Sellers:

Unique Buyers showed an overall decrease. The Highest of this Metric was recorded on 7th October and the Lowest of this Metric was recorded on 9th October which was 7.7K. There were no major changes in the trend of the data.

Unique Sellers also showed an overall decrease. The Highest of this Metric was recorded on 6th October which was 8.6K. And the Lowest of this Metric was recorded on 9th October which was 6.6K.

Primary Sales and Volume:

The number of Primary Sales showed an overall decrease and showed Fluctuations throughout the week. The Highest of this Metric was recorded on 6th October which was 11.8K. The Lowest of this Metric was recorded at the end of the week which was 5.1K.

Primary Sales volume showed an overall Increase. We saw major Fluctuations throughout the week. The Lowest of this Metric was recorded on 3rd October at the start of the week which was 433.5K$, And the Highest of this Metric was recorded on 5th October which was 1.3M$.

Secondary Sales and Volume:

The number of secondary sales showed an overall decrease throughout the week. The highest number of secondary sales was 17.9K which was recorded on October 7th. Meanwhile, the lowest number of secondary sales was 11.5K which was recorded on October 9th.

The secondary sales volume showed an overall decrease throughout the week. The highest secondary sales volume was 11.3M$ which was recorded on October 3rd. Meanwhile, the lowest secondary sales volume was 7.5M$ which was recorded on October 5th.

Average Price of an NFT:

We saw an overall decrease in this Metric but we saw major Fluctuations throughout the week. The Highest of this Metric was recorded at the Start of the week on 3rd October which was 593$. And The Lowest of this Metric was recorded on 5th October which was 348$.

Conclusion:

This week’s data has decreased in all metrics as compared to the previous week. However, we saw a significant pump in the primary sales

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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