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NFT Sales Stave off Crypto Market Downturn This Week With a Slight Uptick in Volume

Non-fungible token (NFT) sales have managed to stay consistent this week while the crypto economy saw more losses over the last seven days. The week prior, $152.9 million in NFT sales were recorded across 18 blockchains and during the past week, $154.3 million in sales were executed. While Ethereum saw the most NFT sales this week, the chain saw a 9.23% decline in ether-based NFT sales volume.

During the past 24 hours, the BAYC floor value has dropped to 85.99 ETH ($90K) or 1.2% lower than the day before. Over 158 transactions, BAYC saw 99 buyers this week purchase Bored Ape NFTs.

The largest floor price increases during the past 24 hours stem from NFT collections like Impostors Genesis Aliens, Lost Poets, Sneaker Heads Official, Lilheroes, and Creature World.

What do you think about the last seven days of NFT sales? Let us know what you think about this subject in the comments section below.

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