Analysis

Our professional on-chain analysis of the y00ts collection on its first day in the market reveals a noteworthy sales volume of $5 million, with 931 buyers participating in the sales. This demonstrates a healthy demand for the collection, albeit at a smaller scale compared to the previously analyzed Okay Bears collection. Throughout the day, the price of the y00ts NFTs remained remarkably stable, with an average price of approximately $3,000 per NFT. This consistency in pricing may indicate that the market had already established a perceived value for these NFTs or that there was a balanced supply and demand dynamic. As the day progressed, we observed a decline in sales volume, which is not uncommon for NFT launches. This could be due to factors such as reduced buyer interest, market saturation, or simply the natural ebb and flow of the NFT market. In terms of top buyers, the y00ts collection attracted seven individuals who each invested between $50,000 and $75,000 in the NFTs. These high-volume buyers illustrate the appeal of the collection and their willingness to commit substantial funds to secure a piece of the y00ts NFTs. The most expensive NFT in the y00ts collection sold on the first day reached an impressive price of $32,500. This sale highlights the premium buyers were willing to pay for the rarest or most sought-after NFTs within the collection. In conclusion, the y00ts collection experienced a solid debut in the market, achieving $5 million in sales volume from 931 buyers. The price of the NFTs remained stable at around $3,000, while sales volume declined throughout the day. The top seven buyers made substantial investments in the collection, and the highest-priced NFT sold for an impressive $32,500.

Solana NFT Collections First Day Sales