Top Selling NFTs This Week: Terraforms Remains #1

From a record high in January, the NFT markets have had a devastating comedown in 2022, falling by around 97%. The NFT market has, however, just recently begun to show faint indications of revival. Some of the top-selling NFTs this week are mentioned below:

1. Terraforms Retains The Top Rank

After recovering the top rank the previous week, Mathcastles' NFT collection Terraforms holds onto the position for the second consecutive week. The Terraforms NFT collection has sold 1,820 ETH in the last day and has a $27 million market value. In the last 24 hours, its floor price has increased by 11.9% to $2,719 as well.

2. Bored Ape Yacht Club (BAYC)

From third place last week to second place this week, the Bored Ape Yacht Club NFT collection has gained one point. 740 ETH were sold throughout a 24-hour period by BAYC NFT collection.

Surprisingly, its floor price and market capitalization have increased by 13.6% and $113,738 and $1.1 million, respectively, during the last 24 hours.

3. CryptoPunks (PUNK)

In our ten top-selling lists this week, CryptoPunks, an NFT collection from Larva Labs, moved up one spot from third place last week to third place this week. 447 ETH were sold via PUNK during the course of a day.

Its floor price has increased by more than 16% to $102,809 within the last 24 hours. The market value of the CryptoPunks NFT collection is $1 billion.

4. Otherdeed For Otherside (OTHR)

In fact, a collection of NFTs from Yuga Labs' metaverse project On the other hand, among our 10 best-selling NFTs, this week's ranking is fourth, moving up from fifth. The OTHR NFT collection has generated 410 ETH in sales during the last 24 hours. Its floor price and market capitalization have increased by more than 16% within the same time frame to $1,918 and $191 million, respectively.

5. Mutant Apes Yacht Club (MAYC)

In our ten top-selling NFT lists, Yuga Labs' Mutant Apes Yacht Club NFT collection has climbed three points from eighth place last week to fifth place. 266 ETH were sold in 266 hours for MAYC, which has a $384 million market value.

6. Sponky Season

As part of the Collectible Avatars Creator Program, prominent Reddit member poieeeyee created the NFT collection titled Spooky Season. The NFT collection consists of 1,813 NFTs that are owned by 1,318 different people.

The NFT collection is making its debut on our rankings of the 10 best-selling NFTs. The 24-hour sales volume for Sponky Season is 171 ETH. Its floor price and market cap have decreased by 25% during the same time frame to $245 and $444,572, respectively.

7. Smol Joes (SMOL)

After moving up to seventh place last week, Smol Joes, a special collection of hand-drawn NFTs on the Avalanche blockchain, has maintained that position this week. 14,664 AVAX were sold by SMOL in a 24-hour period, and its market value was $721,551. Its floor price increased by 8.7% throughout that time to $7,215.

8. Ethereum Name Service (ENS)

The NFT collection for Ethereum Name Service has flipped four positions after falling from fourth place last week to ninth place this week. The ENS NFT collection sold 158 ETH in a single day. The floor price and market capitalization of the Ethereum Name Service NFT collection have climbed by 9.1% to $1.30 and $3.3 million, respectively.

9. Azuki (AZUKI)

After making a comeback in our top ten selling lists the previous week, Chiru Labs' Azuki, a blue-chip grade NFT collection, is ranked ninth this week. Azuki has generated 113 ETH in sales during the last day, giving it a market worth of $170 million.

10. Rich Peon Poor Peon (PEON)

This week, Rich Peon Poor Peon, an NFT collection with a fixed set of 5,000 NFTs on the Avalanche blockchain, made its debut and ended up at the top of our rankings of the ten most popular NFTs. 10,973 AVAX were sold in a 24-hour period from the NFT collection. The $200 floor price and $1 million market capitalization of the Rich Peon Poor Peon NFT collection.

Another virtual pet-themed NFT collection receiving a lot of interest from the cryptocurrency world is Tamadoge, which only last week released its Rare NFTs. The Common NFTs for Tamadoge, a metaverse game with a dog meme theme, have just been made available on OpenSea.

Thanks to Dominic Kimani at Business 2 Community whose reporting provided the original basis for this story.