{"id":7171,"date":"2025-03-23T14:30:20","date_gmt":"2025-03-23T14:30:20","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=7171"},"modified":"2025-03-23T14:30:24","modified_gmt":"2025-03-23T14:30:24","slug":"nft-sales-dip-5-3-to-100-9m-as-bitcoin-nfts-plunge-30","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2025\/03\/23\/nft-sales-dip-5-3-to-100-9m-as-bitcoin-nfts-plunge-30\/","title":{"rendered":"NFT Sales Dip 5.3% to $100.9M as Bitcoin NFTs Plunge 30%"},"content":{"rendered":"\n<p>The NFT market saw another week of decline, with overall sales volume falling <strong>5.34% to $100.9 million<\/strong>, even as the broader cryptocurrency market showed modest signs of recovery. Bitcoin edged up toward <strong>$84,000<\/strong>, and Ethereum held steady at around <strong>$1,900<\/strong>, pushing the total crypto market cap to <strong>$2.77 trillion<\/strong>, up from $2.73 trillion last week.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Market Activity Grows Despite Sales Dip<\/h3>\n\n\n\n<p>While dollar volumes declined, market activity increased across the board. According to <strong>CryptoSlam<\/strong> data:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>NFT buyers surged 70.97%<\/strong> to 350,146<\/li>\n\n\n\n<li><strong>Sellers climbed 68.57%<\/strong> to 225,465<\/li>\n\n\n\n<li><strong>Total NFT transactions rose 16.90%<\/strong> to 1.69 million<\/li>\n<\/ul>\n\n\n\n<p>This disconnect between volume and activity suggests smaller average sale prices and increased participation from retail buyers.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Bitcoin NFTs Hit Hardest<\/h3>\n\n\n\n<p><strong>Bitcoin-based NFTs<\/strong> experienced the steepest decline among major blockchains, with sales <strong>plummeting 30.69% to $16.3 million<\/strong>. Still, buyer participation on the network <strong>jumped 63.67%<\/strong> to 31,251, indicating continued interest despite falling prices.<\/p>\n\n\n\n<p>Ethereum-based NFTs also struggled, with sales dropping <strong>13.03% to $27.7 million<\/strong>, although buyer growth of <strong>42.17%<\/strong> and a <strong>6.53% dip in wash trading<\/strong> point to improving market quality.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Other Chains and Top Collections<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Mythos Chain<\/strong> was a rare bright spot, rising <strong>3.12% to $15.6 million<\/strong>, holding third by volume.<\/li>\n\n\n\n<li><strong>Polygon<\/strong> (POL) declined <strong>5.81%<\/strong> to $13.3 million.<\/li>\n\n\n\n<li><strong>Solana<\/strong> dropped <strong>5.25%<\/strong> to $9.4 million.<\/li>\n<\/ul>\n\n\n\n<p>Among collections:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Courtyard<\/strong> led with <strong>$11.5 million<\/strong> in sales despite a 6.95% dip.<\/li>\n\n\n\n<li><strong>DMarket<\/strong> rose <strong>4.44% to $10.4 million<\/strong>, supported by over <strong>333,000 transactions<\/strong>.<\/li>\n\n\n\n<li><strong>Guild of Guardians Heroes<\/strong> saw strong growth of <strong>159.46% to $5.6 million<\/strong>.<\/li>\n\n\n\n<li><strong>Good Vibes Club<\/strong> posted the largest gain, up <strong>264.67% to $4 million<\/strong>.<\/li>\n\n\n\n<li><strong>BRC-20 NFTs<\/strong> continued to fall, down <strong>43.57% to $3.2 million<\/strong>.<\/li>\n\n\n\n<li><strong>CryptoPunks<\/strong> dropped to sixth place with <strong>$2.6 million<\/strong> in sales, down <strong>15.52%<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Notable NFT Sales<\/h3>\n\n\n\n<p>Several high-profile assets still fetched premium prices:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>CryptoPunks #6634<\/strong> sold for <strong>$431,243<\/strong> (222.5 ETH)<\/li>\n\n\n\n<li><strong>Azuki #641<\/strong> changed hands for <strong>$209,021<\/strong> (110 WETH)<\/li>\n\n\n\n<li><strong>Autoglyphs #166, #275, and #402<\/strong> each sold for around <strong>100 ETH<\/strong> ($188K\u2013$198K)<\/li>\n<\/ul>\n\n\n\n<p>Despite crypto\u2019s steady climb, the NFT market continues to lose momentum in sales volume. However, the increase in user participation and transactions hints at renewed interest at lower entry points\u2014suggesting a shift in buyer behavior rather than a collapse in demand. All eyes remain on Bitcoin NFTs and Ethereum collections as market participants await a potential rebound.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The NFT market saw another week of decline, with overall sales volume falling 5.34% to $100.9 million, even as the broader cryptocurrency market showed modest signs of recovery. Bitcoin edged up toward $84,000, and Ethereum held steady at around $1,900, pushing the total crypto market cap to $2.77 trillion, up from $2.73 trillion last week&#8230;.<\/p>\n","protected":false},"author":3,"featured_media":7172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[69,65,291],"class_list":["post-7171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-finance","tag-bitcoin","tag-crypto","tag-nft"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NFT Sales Dip 5.3% to $100.9M as Bitcoin NFTs Plunge 30% - Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonewsdesk.com\/index.php\/2025\/03\/23\/nft-sales-dip-5-3-to-100-9m-as-bitcoin-nfts-plunge-30\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NFT Sales Dip 5.3% to $100.9M as Bitcoin NFTs Plunge 30% - Crypto News\" \/>\n<meta property=\"og:description\" content=\"The NFT market saw another week of decline, with overall sales volume falling 5.34% to $100.9 million, even as the broader cryptocurrency market showed modest signs of recovery. 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