NFT events not to be missed this week
- ENS released governance tokens in at 8:00 on November 9th and open airdrop claim (November 8)
- Cryptocurrency wallet MyEtherWallet launches NFT series for Ethereum blocks (November 12)
- Sotheby’s UK auction house will hold an NFT auction in Decentraland on November 18 , allowing bidders to bid on Ethereum (November 12)
- The NFT platform CryptoArt.Ai and the DeFi agreement Solv Protocol reached a cooperation to provide financial NFT for the casting of notes (November 12)
- Meta Universe Investment and Developer Republic Realm launched the Meta Universe NFT Museum to display various NFT collections (November 12)
- Square Chinese community members Ethernet PeterYU: PLATON is expected to become the yuan universe underlying infrastructure (Nov. 8)
- Element Research, a decentralized multi-chain NFT trading platform, was established (November 8)
- "Rolling Stone" and Bored Ape Yacht Club cooperation to launch digital magazine cover NFT, is on auction at SuperRare (11 November)
- The only art platform with the auction house Shanghai Huayi International Exhibition Center Friendship Hall auction Loot, CryptoPunks and Pak works (November 9)
- NFT market Random Earth cooperation with Zepeto, on Terra launched NFT yuan universe Project Terra One (November 7)
NFT market
Market overview
NFTGO data shows that this week (November 6th-November 12th), the market value of the NFT market increased by 2.37% month-on-month, which was the same as last week's growth rate, and the total number of addresses held increased by 13.06% month-on-month. At present, there are 13,733,708 NFTs in circulation in the market, belonging to 710,028 addresses, and a total of 43,155 users have participated in 51,901 NFT transactions in the past 7 days. In addition, 253 whales (NFT addresses with a value of more than $1 million) were added to the market this week.
This week, the market for buyers and sellers appears in rotation. At present, there are more buyers than sellers in the market, presenting a seller's market. In addition, the number of active addresses in the NFT market dropped by 10.57% month-on-month, and market liquidity declined from last week.
NFT market statistics, data source: NFTGO
Market transaction data
This week, the NFT market transaction volume declined, but the total transaction volume increased by 2.85% from the previous month. The trend of the total transaction volume was opposite to that of the transaction volume. That is, the change in the total transaction volume this week was mainly driven by transaction price rather than transaction volume.
Trend chart of the total amount of transactions in a week in the NFT market, data source: NFTGO
NFT market one week trading volume trend chart, data source: NFTGO
Subdivision of track liquidity
From the perspective of liquidity, the overall liquidity of NFT this week was the same as that of last week. In the subdivision track, the social concept NFT works still occupy the top spot, but the liquidity has declined compared with last week, at 2.82%. Collectible NFT works ranked second this week, with liquidity the same as last week, at 1.23%. The IP track, which ranked fourth last week, ranked third this week, with a liquidity of 0.94%.
NFT market segmentation track one week liquidity statistics, data source: NFTGO
NFT project ranking
Weekly turnover ranking
According to Nansen data, the NFT with the highest total turnover in the past week was CryptoPunks. This week's turnover increased by 77.54% from the previous week to US$45,454,638.43. The current highest transaction price of CryptoPunks is US$529,738,887.39, and the average transaction price has increased from last week to US$229,257.40. At present, the total number of CryptoPunks market holders is 3207, accounting for 61% of the total historical holders. It also shows that although CryptoPunks has a high entry threshold, the speculation in the market is not serious and the willingness to hold for a long time is strong.
NFT market's weekly total transaction rankings, data source: Nansen
Weekly liquidity ranking
The market value of the most liquid NFT projects this week was less than 10 million. The most liquid project in the past week was Art Wars, with a liquidity of 70.39%. Jungle Freaks, the most liquid project last week, saw liquidity drop by 85.53% month-on-month to 6.94%. Up to now, the average transaction price of Art Wars is $8,408.94. The current highest transaction price is US$56,870.37, and the lowest price is US$45.5. A total of 1,525 transactions have been traded in the past seven days, but the current liquidity within 24 hours is not high at 3.87%, and it is showing a downward trend. At present, there are more sellers than buyers in the market, presenting a buyer's market.
The total number of Art Wars is 1,138, of which 1,000 can be used for casting, and the other 138 will be used to pay for artists' collection, marketing and promotion activities. The primary market is currently sold out and can be purchased on OpenSea. The total transaction volume on OpenSea is 1,400 ETH, and the floor price is 0.92 ETH.
Art Wars #338
NFT market's weekly liquidity ranking, data source: NFTGO
Weekly trading volume ranking
The NFT project with the highest transaction volume in the past week was Divine Anarchy, with a total of 6913 transactions. Art Blocks, which had the highest transaction volume last week, ranked fifth this week, with 1553 transactions. The average transaction price of Divine Anarchy is US$1,614.03, the current highest transaction price is US$82,088.18, and the lowest price is US$786.01. The market continues to be a seller's market, with more buyers than sellers, but the gap between the two parties is gradually narrowing, and the 24-hour trading volume of Divine Anarchy is showing a downward trend.
The total number of Divine Anarchy is 10,011, ranking third in the Opensea new project trading volume rankings in the past 7 days, the total trading volume is 1870 ETH, the current number of project holders reaches 4,700, the project casting price is 0.09 ETH, the current floor The price is 0.27 ETH, the current number of official Twitter users is 38,000, and the number of Discord users is 119,000.
Divine Anarchy#5634
NFT market's weekly trading volume ranking, data source: Nansan
NFT works
Among the NFT works with the highest turnover in the past week, CryptoPunk monopolized the top ten spots on the list. The NFT with the highest selling price is CryptoPunk #561 (2,389,654.61), which was purchased from the address 0xdfa6E4...88fc on November 9th. There are 2 NFTs in the buyer’s wallet, and the other NFT is ENS. Purchased on the 30th.
CryptoPunk #561
The second most expensive NFT is CryptoPunk #9129 (US$1,853,382.98), which was purchased from the address 0x7eb413...d206 on November 9th. There are a total of 4 NFTs in the buyer’s wallet, all of which were purchased this week. It is the third-ranked CryptoPunk #810 (US$1,486,050.88) and the seventh-ranked CryptoPunk #8546 (US$992,460.88) for the NFT works with the highest turnover in the past week. The other is CryptoPunk #810 (403,347.16). The buyer bought it on the 11th. enter.
NFT ranking with the highest turnover in a week in the NFT market, data source: NFTGO
Giant Whale Ranking
NFTGO data shows that in the past week, 23 NFT whales with a holding value of US$1 million were added to the NFT market, and their holdings were worth more than US$6.3 billion, accounting for 33.48% of the total market value of NFTs. In addition, a total of 187 giant whales participated in 1,256 market transactions in the past week, a decrease in activity compared to last week.
Among the most popular NFTs with giant whales in the past week, ArtBlocks has occupied the top spot for three consecutive weeks, with 35 giant whales choosing to buy, an increase of 14 from last week. The second place is CryptoPunks, with 14 giant whales choosing to buy. Ranked third is CrypToadz, ranked second last week, with 9 giant whales choosing to buy. Bored Ape Yacht Club ranked fourth.
This week, the top three of the giant whale spending list paid a large sum of money to buy CryptoPunk this week, the top address is 0x1919DB...E685, and spent 4,988,827.28 US dollars this week to buy 9 CryptoPunk, which are currently held in the account. 4 NFTs, valued at more than 1 million U.S. dollars. The second giant whale on the list spent US$2,881,858.92 to buy 3 CryptoPunks this week, and the third giant whale on the list spent US$2,567,556.77 to buy 4 CryptoPunks this week.
In addition, the fifth giant whale on the list spent a lot of money to purchase a large number of Art Wars this week. Currently, there are 26,597 NFTs in the account and 43 projects designed, of which Gods Unchained holds the most.
Ranking of giant whales in NFT market, data source: NFTGO
Reviewed by Nischal Lal Shrestha
on
November 26, 2021
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