Over 75% of E-sports Fans are Interested in NFTsĪ survey involving 2,200 respondents on their interest in collecting NFTs was conducted in March 2021. The infamous Nyan Cat GIF, which started in 2011, was sold for over $590,000, dethroning Dragon, the cotton candy cat, as the highest-selling kitty NFT to date. In 2021, the Nyan Cat GIF sold for $590,000. However, the top-selling NFTs sell for millions of dollars. On OpenSea, the average NFT price is $500, while $900 on Mintable. For example, the average NFT price on Valuable is around $150. The value of NFTs varies based on the marketplace. The average prices of NFT vary six-fold by platform. Furthermore, most primary sales went for about $100 or less, according to an analysis of NFT trends by Artnet. Statistics show that over 50% of the recorded NFT sales were below the $200 mark. NFTs are believed to be big money generating digital assets however, not all NFTs are sold for millions. More than 50% of all NFT sales sold below $200. According to NFT market stats, in the third quarter of 2021 alone, the value of all global NFT transactions hit $10.7 billion. Between Q2 2021 and Q3 2021, NFT trading volume rose by 704%.īetween the Q2 and Q3 of 2021, the NFT industry experienced eightfold gains in quarterly trading volumes, making 2021 the year of the NFT boom. They are the fourth and fifth largest NFT sales to date. CryptoPunk #7523 and CryptoPunk #3100 are the two most expensive CryptoPunk NFTs sold for approximately $11.8 million and $7.7 million, respectively. This makes them extremely and highly valued. They are very rare NFTs that operate on the Ethereum network. The Larvalabs creation, CryptoPunks, accounts for five of the biggest NFT sales in the NFT marketplace. Cryptopunks account for five of the 20 biggest NFT sales. By the end of the sales, about 30,000 buyers were recorded, with a total sale of $91.8 million. The NFT started selling at $575 per unit and increased by $25 every few hours. This is because it wasn’t sold to a single buyer, as many buyers bought different numbers of tokens they wanted.
However, it is yet to be counted as a series of artworks or a single artwork. It is said to be less shady than the sale of CryptoPunk #9998. It is the biggest and most expensive NFT sale ever, with more than 30,000 collectors pitching in for the sale. In December 2021, Pak’s The Merge was sold for more than $91.8 million on the Nifty Gateway. The real most expensive NFT is worth about $92 million.
The growing popularity of NFTs can explain the high volumes in sales. This is close to the amount realized from conventional art and antique sales in 2020, which amounted to $50 billion. NFT stats compiled by Chainalysis Inc., a blockchain analytics firm, shows that in 2021, the NFT marketplace grew to almost $41 billion. In 2021, about $41 billion worth of crypto was spent on the NFT marketplaces. The estimated NFT transactions in the first half of 2021 was valued at $2.5 billion, a massive jump from the $13.7 million recorded during the first half of 2020. In the first half of 2021, NFT sales volume skyrocketed to about $2.5 billion.Ģ021 was the year that saw NFTs blooming, as the NFT market reached new highs in the first half of the year. Kevin McCoy created the first NFT in May of 2014, which was later sold for $1.4 million in November 2021 at a Sotheby auction. Statistics show that the first NFT was minted in 2014, about five years after Bitcoin was created. General NFT Market Overview Statistics 1. The Most Expensive NFT ever sold is “The Merge” $91.8 milion.NFT sales grew by 131 times between 20.NFT sales volume added up to nearly $11 billion in the third quarter of 2021.An estimated 250,000 people trade NFTs each month on OpenSea.Almost $41 billion being spent on the NFT marketplaces in 2021 alone.