xOriginalxxNFTScan | 03.04~03.10 Summary of NFT market hot spots

Welcome to the weekly summary of NFT ecological hot events produced by NFT infrastructure NFTScan.

Period: 2024.03.04~ 2024.03.10

NFT Hot News
01/ Data: NFT sales on the Bitcoin chain exceeded US$31 million in the past 24 hours

On March 4, according to data, NFT sales on the Bitcoin chain in the past 24 hours were approximately US$31.677 million, an increase of 24.35%. NFT sales on the Ethereum chain were approximately US$25.79 million, and NFT sales on the Solana chain were approximately US$9.65 million.

02/ Bitcoin ecological NFT series NodeMonkes sales exceeded US$11 million in the past 24 hours, reaching a record high

On March 4, CoinDesk reported that the transaction volume of Bitcoin-based NFT series in the past 24 hours was higher than that of Ethereum NFT. Among them, the sales of the Bitcoin ecological NFT series NodeMonkes in the past 24 hours exceeded US$11 million, setting a record high. The NodeMonkes NFT was printed on Bitcoin in February 2023 but launched last December as a collection of 10,000 profile pictures on Ordinals.

03/ CryptoPunk 3100 was traded at 4500 ETH, the second highest transaction price in the series

On March 4, according to the CryptoPunk website, CryptoPunk 3100 was traded at a price of 4,500 ETH (worth approximately US$16 million), setting the second highest transaction price in the series.

04/ Foresight Loong NFT series is open for casting

On March 5, Foresight News released the 2024 Chinese Year of the Dragon commemorative NFT series Foresight Loong at 14:00 today. Pyxis holders, official channel and cooperative community winning users have the right to mint one hour in advance. In addition, after the first hour of minting, 15:00 Open casting for cooperation series NFT Holder.

05/ The floor price of BAYC series NFT fell below 20 ETH, falling by about 25% in the past week

On March 5, Blur data showed that the floor price of the Bored Ape Yacht Club (BAYC) series NFT fell below 20 ETH. The current floor price is about 17.99 ETH, a drop of about 25% in the past week.

06/ OKX Web3 becomes the title sponsor and NFT ticket partner of "2024 Hong Kong Web3 Carnival"

On March 5, OKX Web3 became the title sponsor and NFT ticket partner of the "2024 Hong Kong Web3 Carnival". Users who purchase NFT tickets through OKX Web3 wallet can enjoy special benefits such as a limited-time 12% discount, OKX NFT exclusive ticket verification channel, and surprise gifts. At that time, in addition to important guests attending the event and delivering keynote speeches, OKX Web3 will also set up a booth (C04) at the conference site to showcase the latest products and technologies and communicate with the audience at close range.

07/ MAYC floor price fell below the initial Dutch auction price (3 ETH)

On March 6, Blur data showed that the floor price of Mutant Ape Yacht Club (MAYC) fell below 3 ETH and is currently 2.99 ETH, down 6.5% in a single day and 26.43% in the past seven days. The total supply of MAYC is 20,000, of which 10,000 were publicly sold through a Dutch auction at an initial price of 3 ETH, raising approximately 28,000 ETH (worth approximately US$96 million at the time), and the other 10,000 were airdropped to BAYC holders.

08/ Milady NFT series floor price reaches record high, rising to nearly 5 ETH

On March 6, Blur data showed that the floor price of the Milady NFT series rose to 4.95 ETH, an increase of 44.71% in the past seven days. Su Zhu said that it recently bought some Milady.

09/ Blast online game BAC Games completes creation character NFT sales

On March 7, after the Blast online game BAC Games sold out the 2,000 creation character NFT (BAC Genesis Runner) "must win white", the remaining 1,000 NFT (first come, first served) also sold at 0.16 within 1 second. The unit price of ETH is sold out.

10/ Babylon Opens Bitcoin Pioneer Pass NFT Minting

On March 7, the Bitcoin staking protocol Babylon opened the minting of "Bitcoin Pioneer Pass NFT" on the OKX Web3 wallet. 101,157 qualified users who participated in its BTC staking test network and submitted a Polygon address can mint. This casting will end on March 14, 2024.

11/ Pepe the Frog creator Matt Furie will open new NFT minting on March 9

On March 8, Pepe the Frog creator Matt Furie will open the minting of a new NFT series, The Peplicator, at 4:00 on March 9. The casting price for ordinary users is 0.1 ETH, and the casting price for HEDZ holders is 0.042 ETH. ZOGZ and Pepe Open Editions holders have the opportunity to obtain the half-price casting price, and the casting will be open for 24 hours.

12/ Kevin Rose is suspected of selling multiple NFTs and has destroyed two ENS domain names

On March 10, nft now tweeted that Kevin Rose, founder of PROOF and Moonbirds, was suspected of selling his NFT positions. In the past three days, Kevin had placed orders for Fidenza, Chromie Squiggle and other NFTs.

NFT on-chain data
01\ NFT multi-chain data overview

As of March 11, 2024, NFTScan currently supports Bitcoin, Ethereum, BNBChain, Polygon, Solana, Avalanche, Arbitrum, Optimism, zkSync, Starknet, Aptos, Mantle, Linea, Base, TON, Scroll, Viction, Fantom, Moonbeam, PlatON, Cronos, and Gnosis 22 mainstream blockchain networks have produced a total of:

Number of NFT contracts: 3,607,243

Number of NFT assets : 1,579,918,822

Number of records on the NFT chain: 8,559,815,977

Total market value of NFT assets: $76,531,533,686

Total historical NFT transaction volume: $98,545,995,076


02\ NFT trading market trends

This week: Most trading markets have been relatively flat. Blur dominates the market. The overall trading volume reached the highest on March 8. At 0:00, the AlienSwap market reached a maximum of US$62.7 million. NFTScan included 219 trading markets and the total trading volume reached 7 days. $529.5m. Blur ranked first in terms of transaction volume this week, and the distribution of market transaction volume is relatively stable. The top six trading markets and their proportions are as follows:

Blur: $196,208,440 (37.05%)

AlienSwap: $146,529,143 (27.67%)

Opensea: $57,804,917 (10.91%)

MagicEden: $49,219,075 (9.27%)

Tensor: $16,131,841 (3.04%)

CoralCube: $14,789,634 (2.78%)


03\ Head NFT blue chip trend

The current total market value of 19 blue-chip contracts is 895,713 ETH, accounting for 9.90% of the total market value of NFTs.

This week: The total transaction volume of blue chip NFT was 35.91k ETH, showing a stable trend. The total market transaction volume was 68.18k ETH. The transaction volume of blue chip NFT accounted for an increase in the market share. As of 00:00 on March 8, the transaction volume reached a maximum of 7.45 k ETH around.


04\ TOP 10 Wallet

NFTScan analyzed the top 1,000 NFT holding value wallet addresses. The current top 10 holding values ​​are as shown in the figure below:

Top1 wallet:

0xcda72070e455bb31c7690a170224ce43623d0b6f

This wallet address holds 242,056 NFTs (including 55,250 NFT Collections), currently holds assets of 86,057.4432 ETH ($329,778,146.36), and has 693,804 transactions.


05\ NFT Project Ranking List

The Top 10 NFT projects with the most popular and highest transaction volume on the Ethereum network are as shown below:

BoredApeYachtClub ranked first this week, with the floor price falling to around 17.3e, and the 7d transaction volume reached 10,131e; Pudgy Penguins ranked second with a transaction volume of 8,865e, with the current floor price being 14.7e; Peplicator by Matt Furie with 4,352 e ranks fourth in total transaction volume, and the current floor price is 0.267e; the overall market transaction volume and floor price of most blue-chip NFTs are on a downward trend.


06\ Popular NFT Express

This week’s hot NFTs are the Milady NFT series:

On March 6, Blur data showed that the floor price of the Milady NFT series rose to 4.95 ETH, an increase of 44.71% in the past seven days. Su Zhu said that it recently bought some Milady.

Current NFTScan data shows that the current floor price of Milady NFT is stable at 4.73 ETH, with the highest transaction price of 44.19 ETH. The 7d transaction volume is about 2.6k ETH. The current total transaction volume on Ethereum has exceeded 126.7k ETH. The transaction distribution in the past 7 days is mainly: Blur: 2.28k (87.19%), Opensea: 335.28 (12.81%) unit ETH, and the number of transactions in 7 days reached 619.


About NFTScan Labs
NFTScan Labs is a developer organization focusing on the Web3 field, established in March 2021. NFTScan Labs currently has 20+ member partners around the world, located in Hong Kong, Shanghai, North America, Singapore and other places. The core members of the team have been involved in the blockchain field since 2016. They have many years of development experience and cutting-edge knowledge of the industry, and are familiar with crypto wallets. He has in-depth research and R&D experience in , blockchain security, on-chain data tracking, DeFi, oracles, NFT and other fields. NFTScan Labs has three core businesses, namely NFTScan.COM data infrastructure, Mint Blockchain L2 network, and NFTScan Labs' investment incubation business for Web3 developers.