NFTx - Highest Sales Volume

    Q1. Which 3 NFT collections have the most total sales volume in the last 60 days on NFTX? These are transactions where someone redeems their NFTX tokens for a specific NFT.

    db_img
    db_img
    db_img

    What is NFTx?

    NFTx is a platform where users can deposit their NFTs into a NFTx vault and mint vTokens.

    More info here: NFTx and NFTx docs

    Date: 2022-06-09

    Methods

    This analysis focuses on NFT procets sold on NFTx in the last 60 days.

    • I used ethereum.core.ez_nft_sales and filtered for 'nftx'
    • All data is from the timeframe between 2022-04-09 and 2022-06-09

    Overview

    db_img

    Analysis

    Loading...
    Loading...
    Loading...
    Loading...

    Conclusion

    • Top 3: Milady, Doodles, Bored Ape Yacht Club
    • BAYC still a thing and good for Top 3
    • Only a few purchases for Doodles and BAYC, but still enough for Top 3 because of their price/value.
    • Two purchase peaks for Milady in the last 60 days

    This analysis was created on 2022–06–09 for a bounty at Flipside Crypto by piper to answer the following questions:

    NFTx - Highest Sales Volume: Q1. Which 3 NFT collections have the most total sales volume in the last 60 days on NFTX? These are transactions where someone redeems their NFTX tokens for a specific NFT.

    All data used are from Flipside Crypto. Flipside Crypto

    The most successful Project on NFTx by volume in the last 60 days is Milady with a total volume of 3.54 Million USD, followed by Doodles with 3.05 Million USD and Bored Ape Yacht Club with a total of 2.28 Million USD.

    Very impressive to see that BAYC is still popular!

    Looking at the Number of Purchases, the Top 3 look a bit different. On the first place is still Milady with 2014 purchases, followed by Goblin Town with 755 and Tubby Cats with 526 purchases in the last 60 days.

    Milady seems to be hot 🌶 on NFTx these days!

    The chart above shows the daily Volume of the Top 3 in the last 60 days. The volume of Milady is very constant with some ups, the volume of Doodle and BAYC is very distributed or only on isolated days.

    BAYC made it with only 4 days of purchases or with just 4 purchases in the Top 3, which means that the price of BAYC is still very high. Similar is Doodles, their NFT were purchased on some more days, but still far away from daily purchases. The Doodles price must also be still very high.

    With Milady we can see 2 kind of peaks, one around April 16th and the other on May 20th. Sadly i couldn't find out anything about these two dates on google and twitter.

    Looking at the chart and number above shows us that these 3 projects also generated a good amount of Fees!

    Loading...