Try Quests to earn cryptoHighest 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.
NFTX is a platform for creating liquid markets for illiquid Non-Fungible Tokens (NFTs). Users deposit their NFT into an NFTX vault and mint a fungible ERC20 token (vToken) that represents a claim on a random asset from within the vault. vTokens can also be used to redeem a specific NFT from a vault.
Benefits include:
LP and stake minted vTokens to earn yield rewards
Better distribution and price discovery for NFT projects
Instantly sell any NFT by minting it as an ERC20 and swapping via Sushiswap
Increased liquidity for NFT investors and speculators
Now that you are familiar with the definition of NFTX, we want to examine how many projects (NFT collections) are defined on NFTX? And what is the list of names of these projects? How many sales have been made in the last 60 days for each project? Which projects have had the most sales volume in the last 60 days?
There are currently 254 projects on NFTX
The following is a list of the names of these projects
Below you can see how much sales have been made in the last 60 days for each project. The table below is sorted by the projects that have had the most sales recently.
As you can see, the Milady project has sold the most tokens in the last 2 months. They sold 1994 tokens,that worth about $ 3 million in total. Second place goes to the Goblin Town project, which sold 778 tokens worth about $ 2 million in the last two months.Third place goes to the Tubby Cats project, which sold 609 tokens worth about $ 300,000 in the last two months (Note that the execution time of these queries is June 12, 2022 and this analysis is valid for this time).
In the chart above, you can see 10 projects that have had the most sales in the last 2 months. The number of tokens sold in the Milady project is 30% of the total number of tokens sold by 10 projects in these two months.
The chart below shows the sales of all projects in the last two months, with 19.7% of the total sales of all 254 projects in the last two months belonging to Milady, 7.7% belonging to Goblintown and 6.02% belonging to Tubby Cats.