Saturday, November 2

NFT Market achieves new sales record with $3.5 billion

Primer récord en ventas de NFT este 2022.
First NFT sales record this 2022.

Photo: Photo by Cottonbro on Pexels. / Pexels

Alexa Liendo

The market for non-fungible NFT Open Sea tokens has broken a record this month, reaching sales in the order of $3, 500 Millions of dollars and January is still not over.

The previous maximum in the NFT market was last August when it reached a price of $3,261 million dollars, which exceeded the Ether trading mark at that time.

Another record achieved this month in the non-fungible token market, It was last Sunday 06 of January when the trading volume of the day with Open Sea, reached an all-time high of $261 million dollars. So far in January, trading volume has been marked up per day in $169 millions of dollars.

What is for sale

In Open Sea the most popular NFTs are those of BAYC, according to a report from the Coin Telegraph portal, these are the tokens of The Bored Ape Yacht Club, it is a popular collection that consists of 10,000 boring apes that are unique pieces created by Yuga Labs.

BAYC pieces have become super popular among celebrities and s its total sales have generated more than a billion dollars.

Each BAYC has a minimum cost of 52 Ethereum, which is currently over $3,000 dollars, that is, these NFTs have a value of about $156,06. And from then on all possible prices. In addition, the collectors are famous as Kimmy Fallon, Post Malone, or the basketball player Steph Curry, among others.

For example, rapper Eminen’s last purchase was a BAYC that cost 100.16 Ether, which is approximately $452,000 Dollars.

Open Sea is recognized as the largest peer to peer marketplace for NFTs, selling rare digital items and crypto collectibles. On this platform you can buy, sell, and even auction.

You may also be interested: Everything you need to know about a “non fungible Token” or NFT