Monkey

2024

Solana

<p>The global non-fungible token market is still in deep crisis, with floor prices and trading sales volume still far from their initial record highs. Despite the recent claims that the non-fungible token market is back on hype, its trading sales volume has tanked again this month. The NFT market has recorded $380 million in August 2024, down 40% from July 2024.</p> 
<h2 id="nft-sales-tank-40-in-august-2024">NFT Sales Tank 40% In August 2024</h2> 
<p>Data compiled by <a href="https://www.cryptoslam.io/">CryptoSlam.io</a>, a renowned non-fungible token collection explorer backed by the crypto billionaire investor Mark Cuban, shows that the global non-fungible token market has tanked again in sales this month despite showcasing some signs of recovery in recent weeks. In the past 30 days, the global NFT market has raised a trading sales volume of $380 million, down 40% from the past month.</p> 
<p><img decoding="async" class="alignnone wp-image-571309" src="https://insidebitcoins.com/wp-content/uploads/2024/08/NFT-sales-in-August-2024-300x80.png" alt="NFT sales in August 2024" width="840" height="224" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/NFT-sales-in-August-2024-300x80.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/NFT-sales-in-August-2024-1024x274.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/NFT-sales-in-August-2024-768x205.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/08/NFT-sales-in-August-2024.png 1163w" sizes="(max-width: 840px) 100vw, 840px"></p> 
<p>Ethereum, the same blockchain network powering Ethereum (ETH) and renowned in the NFT market for hosting most blue-chip non-fungible token collections, has been the most traded blockchain network in the NFT market this month. In the past 30 days, the Ethereum-based NFT collections have amassed a trading sales volume of $131 million, down 36% from the past month.</p> 
<p><img decoding="async" class="alignnone wp-image-571321" src="https://insidebitcoins.com/wp-content/uploads/2024/08/NFT-sales-by-chains-in-the-past-30-days-300x182.png" alt="NFT sales by chains in the past 30 days" width="842" height="511" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/NFT-sales-by-chains-in-the-past-30-days-300x182.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/NFT-sales-by-chains-in-the-past-30-days.png 646w" sizes="(max-width: 842px) 100vw, 842px"></p> 
<p>Solana, a public, open-source blockchain that supports smart contracts, including non-fungible tokens and various decentralized applications, has been this month’s second most-traded NFT blockchain network. In the past 30 days, the Solana-based NFT collections have recorded a trading sales volume of $79 million. During this time, Solana NFT sales have plunged by 35% from the past month.</p> 
<p>Bitcoin, the blockchain network hosting the Bitcoin (BTC) and renowned in the global NFT market for powering Ordinals Runes and BRC-20 non-fungible token collections, has been this month’s third most-traded blockchain network in the NFT ecosystem. In the past 30 days, the Bitcoin-based NFT collections have amassed a sales volume of $58 million. During this period, Bitcoin NFT trading sales volume has fallen by 49% from the past month.</p> 
<p>Polygon, a renowned layer two scaling solution blockchain network that runs alongside the main Ethereum blockchain, has been this month’s fourth most-traded blockchain network in the NFT market. In the past 30 days, the Polygon-based NFTs have recorded a trading sales volume of $36 million. During this time, Polygon NFT sales have plunged by 51% from the past month.</p> 
<p>Mythos Chain, another layer two blockchain network leveraging the Ethereum Virtual Machine (EVM) for its compatibility and functionality, was August’s fifth most-traded blockchain network in the NFT market. In the past 30 days, the Mythos-based NFT collections have raised a trading sales volume of $20 million. Unlike Ethereum, Bitcoin, Polygon and Solana, Mythos Chan NFT trading sales volume has surged by 14.31% from the past month.</p> 
<h2 id="top-selling-nfts-in-august-2024">Top Selling NFTs In August 2024</h2> 
<p><img decoding="async" class="alignnone wp-image-571310" src="https://insidebitcoins.com/wp-content/uploads/2024/08/top-selling-NFTs-in-the-past-30-days-1-300x132.png" alt="top selling NFTs in the past 30 days 1" width="841" height="370" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/top-selling-NFTs-in-the-past-30-days-1-300x132.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/top-selling-NFTs-in-the-past-30-days-1.png 694w" sizes="(max-width: 841px) 100vw, 841px"></p> 
<h3 id="1-dmarket-nft-collection">1. DMarket NFT Collection</h3> 
<p>DMarket, a non-fungible token collection from the virtual asset market platform DMarket hosted on the Mythos Chain network, has been the most-selling NFT collection in August. In the past 30 days, the DMarket NFT collection has attracted a trading sales volume of $20 million. During this time, the DMarket NFT trading volume has surged by 17% from the past month.</p> 
<h3 id="2-cryptopunks-nft-collection">2. CryptoPunks NFT Collection</h3> 
<p>CryptoPunks, a non-fungible token collection featuring a limited of 10,000 Ethereum NFTs previously created by Larva Labs and currently managed by the Bored Ape creator Yuga Labs, was the second most-selling NFT collection in August. In the past 30 days, the Punks NFT collection has amassed a trading sales volume of $18 million. The Punk NFT sales volume has surged by 150% this week from the past month.</p> 
<h3 id="3-guild-of-guardians-nft-collection">3. Guild Of Guardians NFT Collection</h3> 
<p>Guild of Guardians, a non-fungible token collection from Guild of Guardians, a renowned role-playing mobile game that allows players to compete with a team of heroes through challenging dungeons to collect resources, has been the third most-selling NFT collection in August. In the past 30 days, the NFT collection has amassed a trading sales volume of $14.6 million. During this time, the Guild of Guardians NFT sales volume has surged by 133% from the past month.</p> 
<h3 id="4-sorare-nft-collection">4. Sorare NFT Collection</h3> 
<p>Sorare, a non-fungible token collection from Sorare, the fantasy sport crypto-based video game on the Ethereum network, was the sixth most-selling NFT series in August. In the past 30 days, the Sorare NFT collection has recorded a trading sales volume of $14 million. During this period, the Sorare NFT trading sales volume has surged by 53% from the past month.</p> 
<h3 id="5-bored-ape-yacht-club-nft-collection">5. Bored Ape Yacht Club NFT Collection</h3> 
<p>Bored Ape Yacht Club, a non-fungible token series from the digital asset firm Yuga Labs that features a fixed edition of 10,000 NFTs hosted on the Ethereum blockchain network, has been the fifth most-selling NFT collection in August. In the past 30 days, the Bored Ape Yacht Club NFT collection has amassed a trading sales volume of $11 million. During this time, the Bored Ape NFT trading sales volume has surged by 25% from the past month.</p> 
<h3 id="6-dogezuki-nft-collection">6. DogeZuki NFT Collection</h3> 
<p>DogeZuki, a recently launched non-fungible token collection featuring a limited edition of 2,800 Shiba Inu dogs-inspired NFTs hosted on the Solana blockchain network, has been the sixth most-selling NFT collection in August. In the past 30 days, the DogeZuki NFT collection has recorded a trading sales volume of $11 million. During this period, the trading sales volume for the DogeZuki NFT collection has plunged by 18% from the past month.</p> 
<p><img decoding="async" class="alignnone wp-image-571311" src="https://insidebitcoins.com/wp-content/uploads/2024/08/top-selling-NFTs-in-the-past-30-days-2-300x113.png" alt="top selling NFTs in the past 30 days 2" width="844" height="318" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/top-selling-NFTs-in-the-past-30-days-2-300x113.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/top-selling-NFTs-in-the-past-30-days-2.png 704w" sizes="(max-width: 844px) 100vw, 844px"></p> 
<h3 id="7-solana-monkey-business-nft-collection">7. Solana Monkey Business NFT Collection</h3> 
<p>Solana Monkey Business, a non-fungible token collection featuring a fixed supply of 5,000 unique 24×24 pixilated monkeys randomly generated and stored on the Solana blockchain network, has been the seventh most-selling NFT collection in August. In the past 30 days, the Solana Monkey Business NFT collection has amassed a trading sales volume of $9.1 million. During this period, the Solana Monkey Business NFT sales volume has plunged 29% from the past month.</p> 
<h3 id="8-pudgy-penguins-nft-collection">8. Pudgy Penguins NFT Collection</h3> 
<p>Pudgy Penguins, a non-fungible token collection from the digital asset firm Igloo Inc. featuring a limited edition of 8,888 NFTs hosted on the Ethereum blockchain network, has been the ninth most-selling NFT collection in August. In the past 30 days, the Pudgy Penguins NFT collection has amassed a trading sales volume of $8.6 million. During this period, the Pudgy Penguins NFT sales volume has surged by 9.01% from the past month.</p> 
<h3 id="9-nodemonkes-nft-collection">9. NodeMonkes NFT Collection</h3> 
<p>NodeMonkes, a non-fungible token collection featuring a limited edition of 10,000 NFTs created on the Bitcoin blockchain network using Satoshi Nakamoto’s ordinal protocol, has been the ninth most-selling NFT collection in August. In the past 30 days, the NodeMonkes NFT series collection has recorded a sales volume of $7.6 million. During this period, the volume of NodeMonkes NFT trading sales plunged by 15.60% from the past month.</p> 
<h3 id="10-degods-nft-collection">10. DeGods NFT Collection</h3> 
<p>DeGods, a non-fungible token from the digital asset firm Dust Labs featuring a limited set of 4,624 NFTs hosted on the Solana blockchain network, has been the tenth most-selling NFT collection in August. In the past 30 days, the Degods NFT collection has attracted a trading sales volume of $7.2 million. During this time, the DeGods NFT sales volume has surged 342% from the past month.</p> 
<h2 id="top-nft-collectible-sales-made-in-august">Top NFT Collectible Sales Made In August</h2> 
<p>The Uncategorized Ordinal has been the most costly NFT collection sold this month, selling for $2.4 million fourteen days ago. Bored Ape Yacht Club #2579 has been the second most expensive NFT sold this month, selling for $342,542 sixteen days ago. gETH Locked #158 has been the third most-costly NFT collection sold this month, selling for $256,513 two days ago. Boogle # 061 has been the fourth costly NFT collection sold this month, selling for $201,200 eleven days ago.</p> 
<p><img decoding="async" class="alignnone wp-image-571312" src="https://insidebitcoins.com/wp-content/uploads/2024/08/top-collectible-sales-in-the-past-30-days-300x84.png" alt="top collectible sales in the past 30 days" width="843" height="236" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/top-collectible-sales-in-the-past-30-days-300x84.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/top-collectible-sales-in-the-past-30-days-768x216.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/08/top-collectible-sales-in-the-past-30-days.png 989w" sizes="(max-width: 843px) 100vw, 843px"></p> 
<h2 id="nft-market-prediction-for-september-2024">NFT Market Prediction For September 2024</h2> 
<p>Despite the recent struggle with financial regulators, among other factors, the future of the non-fungible token market still looks promising, with projections indicating that the market will see an increase in growth in September 2024. The non-fungible token market size is estimated to reach $6.83 billion in 2024 at a growth rate of 34.5% from 2024 to 2030.</p> 
<h4>Related NFT News:</h4> 
<ul> 
 <li><a href="https://insidebitcoins.com/news/nft-sales-soar-9-this-week-as-polygon-bitcoin-and-solana-surge-10-in-sales">NFT Sales Soar 9% This Week, As Polygon, Bitcoin And Solana Surge +10% In Sales</a></li> 
 <li><a href="https://insidebitcoins.com/news/bitcoins-fsic-ordinal-collection-leads-in-daily-nft-sales-with-900k">Bitcoin’s FSIC Ordinal Collection Leads In Daily NFT Sales With +$900K</a></li> 
 <li><a href="https://insidebitcoins.com/news/top-selling-nfts-this-week-cryptopunks-leads-in-trading-sales-volume">Top Selling NFTs This Week – CryptoPunks Leads In Trading Sales Volume</a></li> 
</ul>

NFT Sales Sink 40% In August – Will NFTs Bounce Back In September 2024?

Table of Contents

Inside Bitcoins

Other articles published on Aug 31, 2024

New Solana Memecoin Evil Kamala to Skyrocket Over 15,000% Before Exchange Listings, While BONK an...

XRP Whales Begin To Offload Millions Ahead Of Ripple’s $125M Settlement

Coinbase CEO Brian Armstrong Reveals First AI to AI Crypto Transaction

Linekong Interactive Strengthens Its Position in Digital Economy with Cryptocurrency Investments

Coinbase Successfully Tests First AI-to-AI Crypto Transaction

Whale Transaction Alert: Early Memecoin Investor Swaps Losing $SHIB Position With $FET!

Join our free newsletter for daily crypto updates!