NFT sales jump 66.58% to $76.56M led by Bitcoin's $X@AGI collection with $25M in sales - Pluang
NFT sales jumped 66.58% to $76.56 million in the week ending Oct. 24, driven by Bitcoin's blockchain volume rising 268% to $31.07 million.
The $X@AGI BRC-20 collection dominated the market, generating $25.09 million in sales. This accounted for nearly 33% of global NFT sales and over 80% of Bitcoin's NFT volume. Ethereum followed with $24.64 million in sales, up 32.59%.
Bitcoin's NFT market saw a massive 268% increase, reaching $31.07 million in sales. This surge highlights Bitcoin's rising prominence in the NFT market and increasing buyer activity across multiple blockchains.
Other blockchains like Polygon and BNB Chain saw mixed results, with some showing growth while others remained stagnant. The overall market breadth reflects diverse investor behavior across different platforms.
Market snapshot
For readers following cryptocurrency markets, Pluang's snapshot shows that out of 50 major cryptocurrencies, 5 rose and 44 fell on the day. Notable movers included AAVE, CAKE, and AXS, all showing declines with high buy order activity.
This data reflects market breadth and investor behavior on Pluang's platform, where traders are closely monitoring price movements and order flow. The mixed performance across major cryptocurrencies underscores the volatility in the current market.
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