{"id":403208,"date":"2022-02-03T21:18:18","date_gmt":"2022-02-03T18:18:18","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/opensea-monthly-volumes-top-5b-as-nfts-continue-to-mainstream\/"},"modified":"2022-02-03T21:18:18","modified_gmt":"2022-02-03T18:18:18","slug":"opensea-monthly-volumes-top-5b-as-nfts-continue-to-mainstream","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/opensea-monthly-volumes-top-5b-as-nfts-continue-to-mainstream\/","title":{"rendered":"# OpenSea monthly volumes top $5B as NFTs continue to mainstream"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3e052ed82ee\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3e052ed82ee\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/opensea-monthly-volumes-top-5b-as-nfts-continue-to-mainstream\/#Collectors_are_opting_to_take_the_red_bean_with_Azuki\" >Collectors are opting to take the red bean with Azuki<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/opensea-monthly-volumes-top-5b-as-nfts-continue-to-mainstream\/#CloneX_aims_for_the_top_spot_in_total_sales_volume\" >CloneX aims for the top spot in total sales volume\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/opensea-monthly-volumes-top-5b-as-nfts-continue-to-mainstream\/#Apes_push_above_a_100_ETH_floor\" >Apes push above a 100 ETH floor\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/opensea-monthly-volumes-top-5b-as-nfts-continue-to-mainstream\/#Mutant_Apes_exploded_after_the_New_Year\" >Mutant Apes exploded after the New Year<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># OpenSea monthly volumes top $5B as NFTs continue to mainstream <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>In the last two weeks, Azuki, Bored Ape Yacht Club, CloneX, and Mutant Ape Yacht Club have seen significant increases in floor prices and total sales volume. Over the last 7 days alone, all four projects have generated an estimated $365.9 million in value according to data from OpenSea.\u00a0<\/p>\n<p>While the crypto market is steadily recovering from its lengthy bloodbath, NFT marketplaces like LooksRare and OpenSea have consistently generated about $100 million in daily total volume. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-02\/75dbab0f-49aa-4b89-84c5-42e615335ca9.png\"><figcaption style=\"text-align: center;\">LooksRare vs. OpenSea daily volume. Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dune.xyz\/hildobby\/LooksRare-VS-OpenSea\">Dune Analytics<\/a><\/figcaption><\/figure>\n<p>It seems that crypto <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> is expressing their speculation on the recent market pump to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/0xNFTy\/status\/1487927848061095938\">blue chip momentum<\/a> while others are hopeful their holdings will make their <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>earance in the upcoming SuperBowl a bag pumping event for their portfolio.\u00a0<\/p>\n<p>While it could be a combination of the two, NFT projects have also been gaining traction with recent developments and steady leaks are driving up each collection&#8217;s daily average price. Data shows that the top 5 collections increased their daily average price by at least 5%, with Azuki seeing a startling 55% increase in the last seven days. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-02\/cc1418c0-d190-4a53-86e7-1fc1012cb827.png\"><figcaption style=\"text-align: center;\">Azuki 7-day avg. price \/ volume. Source: OpenSea <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/opensea.io\/collection\/azuki?tab=activity\">Azuki<\/a><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Collectors_are_opting_to_take_the_red_bean_with_Azuki\"><\/span>Collectors are opting to take the red bean with Azuki<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Azuki NFT collection entered the ecosystem by alluding to the Matrix with its version of the red pill, dubbing it the red bean, instead. The red bean eventually reveals itself to be an <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/anime-manga\/\" data-internallinksmanager029f6b8e52c=\"6\" title=\"Anime || Manga\" target=\"_blank\" rel=\"noopener\">anime<\/a>-inspired avatar granting users access to Azuki\u2019s Garden. The anime collection seems to be long desired as it continues to capture collectors with its art and lore.<\/p>\n<p>Azuki\u2019s floor prices rose from substantial 4.29 Ether to currently, 11.29 Ether since its reveal on January 21, 2022, making it a 163% increase, according to Dune Analytics. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-02\/faefd8f4-a211-4526-8fcb-5b936f988764.png\"><figcaption style=\"text-align: center;\">Azuki OpenSea daily floor volumes and transactions. Source: DuneAnalytics <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dune.xyz\/queries\/379835\/724733\">@Cryptano<\/a><\/figcaption><\/figure>\n<p>The number of unique wallets that own Azuki\u2019s have also seen healthy growth with a significant driver being its reveal date. Azuki\u2019s top 50 wallet holders reveal that there are a significant number of collectors and the top wallet holds over 150 of the NFT.<\/p>\n<p>The project&#8217;s ability to capture collectors&#8217; attention has lent much to Azuki\u2019s success. However, detractors seem to provide a reality check by comparing the project to another anime inspired collection, 0N1 Force, whose bubble quickly burst after it followed a price trajectory that is similar to Azuki\u2019s.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">If I was an <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Azuki?src=hash&amp;ref_src=twsrc%5Etfw\">#Azuki<\/a> holder with only 1, I&#8217;d be nervous right now. This meteoric rise reminds me of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/0N1Force?src=hash&amp;ref_src=twsrc%5Etfw\">#0N1Force<\/a> and it can&#8217;t be sustainable. There must be a pullback for it to maintain such a high price point longterm. Most blowoff tops end with precipitous falls. Be careful.<\/p>\n<p>\u2014 NF-T. Rowe Price (Not Financial Advice) (@1Bprice) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/1Bprice\/status\/1488365099865804800?ref_src=twsrc%5Etfw\">February 1, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Community members, perhaps biased, disagree, stating the difference between the two teams is night and day. Time will tell whether Azuki will continue to surge and keep the top spot on the charts for volume or how quickly it can recover from imminent correction.\u00a0<\/p>\n<h2><span class=\"ez-toc-section\" id=\"CloneX_aims_for_the_top_spot_in_total_sales_volume\"><\/span>CloneX aims for the top spot in total sales volume\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>CloneX featuring Takashi Murakumi, created by RTFKT studios, has seen a meteoric 381% rise over the past week. Its floor price rests at 17 Ether ($47,158) yet buyers are still flocking to the collection.\u00a0<\/p>\n<p>Although RTFKT studios was acquired by NIKE, that has not stopped the team from banding the community together. For example, this week, RTFKT shared the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> of two NFT airdrops this week, alluding to \u201c<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/RTFKTstudios\/status\/1488619417672028161\">chapter 2 airdrop szn<\/a>.\u201d <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">clarifying for RTFKT noobs : <br \/>1 Airdrop for Clone owners<br \/>1 Airdrop for Pods owners. <\/p>\n<p>Different airdrops aka 2 Airdrops this week <\/p>\n<p>\u2014 RTFKT Studios (@RTFKTstudios) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/RTFKTstudios\/status\/1488642140125155328?ref_src=twsrc%5Etfw\">February 1, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In the light of these teaser tweets from RTFKT, CloneX holders are anxiously anticipating what could possibly be dropped and are preparing themselves for the snapshot on Thursday, Feb. 3, 2022. RTFKT studios will reward holders of either piece of the collection, including CloneX vials, avatar, and the spacepod.\u00a0<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Apes_push_above_a_100_ETH_floor\"><\/span>Apes push above a 100 ETH floor\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>3LAU is an overall history maker across the NFT ecosystem and the artist made waves again when he purchased the last Bored Ape before the project hit 100 Ether.\u00a0<\/p>\n<p>Since the historic sale, singer Justin Bieber \u2018aped\u2019 in purchasing a floor BAYC for 500 Ether, leaving some holders riled, frustrated, and confused.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Did Justin Bieber get finessed? 500 Eth purchase <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/RRZn3y9irn\">pic.twitter.com\/RRZn3y9irn<\/a><\/p>\n<p>\u2014 threadguy.eth  (@DiscoverXnft) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DiscoverXnft\/status\/1487537027830661123?ref_src=twsrc%5Etfw\">January 29, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Whether or not Bieber\u2019s move was a marketing ploy, BAYC has increased its total volume by 113.16% in the last seven days. Yet, it has lost its top spot in total sales volume falling behind Azuki and CloneX, according to OpenSea.\u00a0<\/p>\n<p>OpenSea\u2019s rival LooksRare is painting a different picture for the collection as it falls further in the charts perhaps because of persistent washtrading from other collections. <\/p>\n<p>The BAYC collection on LooksRare has amassed over $42.1 million in total volume, while OpenSea has generated more than double that amount ($87.7 million) in just seven days. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-02\/b74b6a2a-7a2f-470d-b223-566fb96b514a.png\"><figcaption style=\"text-align: center;\">BAYC 7-day average price \/ volume. Source: OpenSea <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/opensea.io\/collection\/boredapeyachtclub?tab=activity\">Bored Ape Yacht Club<\/a><\/figcaption><\/figure>\n<p>According to DappRadar, the price point has not deterred buyers. In the last 7 days BAYC has increased the number of traders by nearly 74%. After Bieber made the play to assign what some might consider an obscene value to a floor ape, he displayed what purchasing power looks like when liquidity is accessible.\u00a0<\/p>\n<p>The Apes seem to resonate with celebrities so it may not be the first time we see another whale make a splash. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"nifty_newsletter\"><\/template><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mutant_Apes_exploded_after_the_New_Year\"><\/span>Mutant Apes exploded after the New Year<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutant Ape Yacht Club (MAYC) has had a strong start to the new year with its daily average price increasing 40% in the last month. Currently, the floor on the MAYC is at 22.7 Ether, whereas on LooksRare the collection is slightly cheaper at 22.6 Ether, at the time of writing.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-02\/696669dc-f733-43e7-ad99-04894a40efae.png\"><figcaption style=\"text-align: center;\">MAYC 30-day average price \/ volume. Source: OpenSea <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/opensea.io\/collection\/mutant-ape-yacht-club?tab=activity\">Mutant Ape Yacht Club<\/a><\/figcaption><\/figure>\n<p>MAYC seemed to be the ticket to join the club at a fraction of BAYC\u2019s price, back on Aug. 28,2021. However, after the sale of a Mega Mutant Serum worth $3.6 million, the collection\u2019s floor price surged by about 500%.\u00a0<\/p>\n<p>At the time of writing, the collection\u2019s floor price has risen nearly 40% in the last 30 days, with the highest floor price recorded being 26.4 Ether in the last seven days.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-02\/7dd2bf0e-e790-4539-b6ae-fdcfbf928be5.png\"><figcaption style=\"text-align: center;\">Mutant Ape Yacht Club 30-day floor prices. Source: NFT price floor <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/nftpricefloor.com\/mutantApesYC\">MAYC<\/a>.<\/figcaption><\/figure>\n<p>According to data, there is only 11.4% of the collection listed (2,074 MAYCs) suggesting users could be diamond-handling their bags. With nearly 12,000 unique holders, it seems those who scooped a mutant are patiently waiting for its value to follow that of its parent collection.\u00a0<\/p>\n<p>Greed always is the downfall of the over zealous investor and a possible outcome could be many of these holders and collectors sitting on losses. At the moment, it\u2019s near impossible to determine what is driving the NFT bull market and for this reason, all investors should do their research and make sure they\u2019re not looking for a chair when the music stops. <\/p>\n<p class=\"post-content__disclaimer\">The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.\n<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. 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Over the last 7 days alone, all four projects have generated an estimated $365.9 million in&#8230;<\/p>\n","protected":false},"author":1,"featured_media":403209,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDIvNzgwN2E3NjktNTQ0ZS00NmY1LTk5ZDEtNDg1MmM3MGM0MjQzLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74863,74860,74891,74939,95118,73785],"class_list":["post-403208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-ethereum","tag-market-analysis","tag-nft","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/403208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=403208"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/403208\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/403209"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=403208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=403208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=403208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}