Despite the continuing, months-long crypto cold, the non-fungible token (NFT) market is nevertheless booming. Several prominent NFT collections seem to be suffering from the winter, yet the bear market hasn’t stopped the growth of the new NFT collections. The top-selling NFTs this week are shown below.
1. RENGA Takes The Top Spot
This week, our top pick goes to RENGA, an NFT collection that has been meticulously picked and hand-crafted. Last week, Renga moved up from ninth to first, unseating well-liked NFT collections like Bored Apes and CryptoPunks. Renga has a restricted edition of 10,000 newly minted NFTs that have 2,967 different owners. 1,221 ETH have been sold in the last day on the RENGA exchange, and the market cap is $32 million.
2. More Loot (MLOOT)
This week’s second-place finisher on our rankings of the best-selling NFTs is the new modest NFT compilation More Loot. More Loot is an NFT initiative started in August by Dom Hofmann, who also founded the video-sharing website Vine.
A small assortment of 7,778 NFTs are available in the More Loot collection. The More Loot NFT collection has a floor price of $6.74 and a 24-hour sales volume of 1,170 ETH.
3. CryptoPunks (PUNK)
After slipping significantly from second position in the top ten rankings the previous week, CryptoPunks now holds the third spot. The NFT collection has a $597 ETH 24-hour sales volume and a $890 million market valuation.
There are 3,506 different owners of the fixed supply of 9,999 CryptoPunks NFTs. Its floor price is now $88,978, an increase of 9.4% over the last 24 hours.
4. RENGA Block Box (BOX)
Another NFT collection making its debut in our list of the ten best-selling NFTs this week is RENGA Black Box, a mystery collection of NFTs on the Ethereum blockchain. 2,241 BOX NFTs total in the NFT collection, with 1,109 different owners.
253 ETH were sold for a total market worth of $16 million during the last day for the NFT collection. The floor cost has increased by 24.4% to $7,028.
5. Ethereum Name Service (ENS)
From seventh last week to fifth this week, Ethereum Name Service has gained 2 points. ENS has tallied 212 ETH in sales during the last 24 hours. The market capitalization of Ethereum Name Service is $2.6 million after it increased by 4.3% from its floor price of $1.08.
6. QQL Mint Pass (QQL-MP)
Our list of the 10 best-selling NFTs this week includes QQL Mint Pass, a joint work of generative art by Tyler Hobbs and Dandelion Wist Mane. 191 ETH worth of the NFT collection were sold in a 24-hour period, with a $21 million market value.
Currently, QQL-MP has 912 newly minted NFTs with 494 different owners. Its floor price increased 4.8% over the previous day to trade at $23,608.
7. Mutant Ape Yacht Club (MAYC)
After falling to fifth position the previous week, Mutant Ape Yacht Club’s NFT collection has fallen even more this week to seventh place. MAYC has logged 189 ETH in sales over the course of a day.
However, in the last 24 hours, its floor price has increased by 5.8% to $20,319 The market capitalization of MAYC is $395 million.
8. Otherdeed For Otherside (OTHR)
Yuga Labs’ metaverse game Otherdeed, which was in fourth place last week, is now in eighth place after losing four points. With a $229 million market valuation, OTHR NFT collection sold 170 ETH in a single day. In the last 24 hours, its floor price has increased by 4.5% to trade at $2,297.
9. Smol Joes (SMOL)
This week, Smol Joes NFT collection is making its debut among our 10 most popular NFT lists. On the Avalanche blockchain, Smol Joes is a distinctive collection of hand-drawn NFTs. A fixed set of 100 NFTs are included in the NFT collection.
Smol Joe NFT collection has a total market worth of $486,452 and a 24-hour sales volume of 13,254 AVAX. Its floor cost has increased 4.5% over the last 24 hours to $4,864.
10. Bored Ape Yacht Club (BAYC)
The 10 best-selling NFT collections for this week are closed out by Bored Ape Yacht Club. BAYC slipped from third position the previous week by seven points. MAYC has a market valuation of $1.1 billion and a sales volume of 81.99 ETH over the last day.
Regarding fresh NFT releases, Tamadoge, a brand-new NFT-backed metaverse game with a dog theme, is grabbing attention in the cryptocurrency world.
Tamadoge stated earlier this week that a new NFT collection will debut on October 6.
Thanks to Dominic Kimani at Business 2 Community whose reporting provided the original basis for this story.
