- During the last seven days, BTC’s NFT sales volume declined by 4%.
- Weekly price charts of both coins remained green.
Bitcoin [BTC] and Ethereum [ETH], two of the largest blockchains, continued to dominate the NFT market in May.
Although at first glance this looked optimistic, closer inspection revealed that both ETH and BTC’s NFT sales volume actually dropped in the last 30 days.
Bitcoin, Ethereum NFTs in May
Coin98 Analytics posted a tweet revealing how several blockchains did in May. As per the tweet, BTC and ETH topped the list of blockchains in terms of total sales volume in May.
While BTC’s sales volume touched $157 million, ETH’s stood at $147 million.
Solana [SOL] made it to the top three on the same list. It was interesting to note that Blast was the only layer-2 blockchain that earned a spot on the list, as its sales volume reached $36 million.
As per DappRadar’s data, Node Monkes, Bitcoin Puppets, and Runestine were the top three NFT collections of Bitcoin last month.
Similarly, Bored Ape Yacht Club, Mutant Ape Yacht Club, and Pudgy Penguins were the top three Ethereum NFT collections.
AMBCrypto’s analysis of CRYPTOSLAM’s data revealed that though ETH and BTC topped the list, their sales volume actually declined in May.
To be precise, BTC’s NFT sales volume dropped by 71%, and ETH’s numbers dropped by over 56%.
June is looking better
Though NFT sales volumes dropped last month, the past week saw signs of recovery. BTC’s number of NFT buyers and sellers increased by more than 20%. However, its sales volume still dropped by 4%.
Source: CRYPTOSLAM
Ethereum’s state in terms of sales volume was better than that of BTC’s, as the number surged by more than 4%.
Apart from that, ETH’s number of sellers and buyers also increased by more than 10% in the last seven days.
Source: CRYPTOSLAM
BTC and ETH remain bullish
While all this happened, CoinMarketCap’s data revealed that the weekly charts of the top two coins remained green.
Bitcoin and Ethereum’s prices surged by 4.2% and 2.2%, respectively, last week. At press time, BTC was trading at $71,091, while ETH had a value of $3,815.
AMBCrypto’s analysis of Santiment’s data revealed that both Bitcoin and Ethereum’s social volumes remained high throughout the last week.
Read Bitcoin’s [BTC] Price Prediction 2024-25
Thanks to the price uptick, ETH’s weighted sentiment entered the positive zone.
However, it was surprising to see that, despite a rise in value, BTC’s weighted sentiment was in the negative zone. This meant that bearish sentiment around the king of cryptos was dominant in the market.
Source: Santiment
- During the last seven days, BTC’s NFT sales volume declined by 4%.
- Weekly price charts of both coins remained green.
Bitcoin [BTC] and Ethereum [ETH], two of the largest blockchains, continued to dominate the NFT market in May.
Although at first glance this looked optimistic, closer inspection revealed that both ETH and BTC’s NFT sales volume actually dropped in the last 30 days.
Bitcoin, Ethereum NFTs in May
Coin98 Analytics posted a tweet revealing how several blockchains did in May. As per the tweet, BTC and ETH topped the list of blockchains in terms of total sales volume in May.
While BTC’s sales volume touched $157 million, ETH’s stood at $147 million.
Solana [SOL] made it to the top three on the same list. It was interesting to note that Blast was the only layer-2 blockchain that earned a spot on the list, as its sales volume reached $36 million.
As per DappRadar’s data, Node Monkes, Bitcoin Puppets, and Runestine were the top three NFT collections of Bitcoin last month.
Similarly, Bored Ape Yacht Club, Mutant Ape Yacht Club, and Pudgy Penguins were the top three Ethereum NFT collections.
AMBCrypto’s analysis of CRYPTOSLAM’s data revealed that though ETH and BTC topped the list, their sales volume actually declined in May.
To be precise, BTC’s NFT sales volume dropped by 71%, and ETH’s numbers dropped by over 56%.
June is looking better
Though NFT sales volumes dropped last month, the past week saw signs of recovery. BTC’s number of NFT buyers and sellers increased by more than 20%. However, its sales volume still dropped by 4%.
Source: CRYPTOSLAM
Ethereum’s state in terms of sales volume was better than that of BTC’s, as the number surged by more than 4%.
Apart from that, ETH’s number of sellers and buyers also increased by more than 10% in the last seven days.
Source: CRYPTOSLAM
BTC and ETH remain bullish
While all this happened, CoinMarketCap’s data revealed that the weekly charts of the top two coins remained green.
Bitcoin and Ethereum’s prices surged by 4.2% and 2.2%, respectively, last week. At press time, BTC was trading at $71,091, while ETH had a value of $3,815.
AMBCrypto’s analysis of Santiment’s data revealed that both Bitcoin and Ethereum’s social volumes remained high throughout the last week.
Read Bitcoin’s [BTC] Price Prediction 2024-25
Thanks to the price uptick, ETH’s weighted sentiment entered the positive zone.
However, it was surprising to see that, despite a rise in value, BTC’s weighted sentiment was in the negative zone. This meant that bearish sentiment around the king of cryptos was dominant in the market.
Source: Santiment
get generic clomiphene without insurance clomid uk buy where can i get generic clomid price where buy clomid without dr prescription clomid challenge test where to buy clomiphene tablets can i order clomiphene without insurance
The depth in this tune is exceptional.
The sagacity in this tune is exceptional.
purchase azithromycin – buy zithromax 250mg without prescription flagyl buy online
rybelsus 14 mg usa – periactin 4mg canada periactin price
buy generic motilium online – flexeril 15mg us generic flexeril 15mg
inderal uk – buy clopidogrel 150mg online cheap methotrexate tablet
cheap amoxicillin generic – amoxicillin cheap ipratropium 100 mcg sale
cheap augmentin 625mg – atbioinfo acillin tablet
buy esomeprazole capsules – anexa mate buy esomeprazole 20mg generic
buy meloxicam 15mg pills – https://moboxsin.com/ buy mobic medication
order prednisone 5mg without prescription – https://apreplson.com/ buy deltasone 20mg pills
otc ed pills – https://fastedtotake.com/ ed pills where to buy
amoxil oral – amoxicillin brand where can i buy amoxicillin
purchase fluconazole – https://gpdifluca.com/ fluconazole 100mg cheap
cenforce generic – https://cenforcers.com/# order cenforce 50mg pills
trusted online store to buy cialis – tadalafil professional review cialis before and after pictures
buy tadalafil reddit – https://strongtadafl.com/ what is the difference between cialis and tadalafil?