FLOW Usage During the NBA Playoffs
Q19. Analyze the NBA Conference Finals (May 17th- May 29th) and determine whether it had an impact on NBA Top Shot's volume.
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Did the Warriors, Celtics, Mavericks, or Heat see higher sales volume?
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According to the charts above, the following results can be imagined :
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From first day of finals(17 May) there is uptrend for 3 days that peeked on May 19 and since that day there is mostly range trend for volume of NBA Top Shot.
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Number of transactions had more days with high amount like 17 ,18, 21 and 22 of May
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According to the charts above, the following results can be imagined :
- Over all downtrend of NBA Top Shot’s volume chart shows that volume increase during playoffs has been detectable, but comparing to over all trend it couldn’t break out of downtrend and I think it’s because of bearish condition of crypto market.
- Over all downtrend of NBA Top Shot’s transactions count chart shows that transaction increase during playoffs has been detectable specially on May 19, but comparing to over all trend it couldn’t break out of downtrend and I think it’s because of bearish condition of crypto market.
4 mentioned teams NFT collection’s volume and transactions charts has drawn above and according to them, the following results can be imagined :
- collections showed peeks in volume and transactions on May 22 that they had increasing trend until then after that the trend was bearish except that number of transactions of Dallas Mavericks peeked on May 25, 2022