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    Home»NFT»Doodles NFT giving competition to BAYC? Sales volume has the answer
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    NFT

    Doodles NFT giving competition to BAYC? Sales volume has the answer

    SimplefxonlineBy SimplefxonlineJune 22, 2022No Comments2 Mins Read
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    After recording a decline in sales for several weeks Doodle NFT We have started another cycle of increasing sales volume.according to data CryptoSlam’s Doodles have recorded a 285.96% increase over the last 24 hours, ranking first in the platform’s NFT Collection Ranking by Volume.

    Doodle on top

    Interestingly, Doodles NFT sales totaled $ 2,552,904 (2,005.2208 ETH) over the last 24 hours. With eight days left until the end of the month, last-day sales represent 22% of the total sales of $ 9,873,228.77 recorded so far this month.

    Source: CryptoSlam

    Within the last 24 hours, this NFT project has recorded a 285% increase in the number of transactions executed. This brings the total number of transactions with 130 new buyers to 154 at the time of writing.

    In addition, the number of active wallets holding Doodle NFTs increased by 133.30% from the last day and was fixed at 315 at the time of pressing.

    Source: CryptoSlam

    This increase in sales is due to a drop in the lowest price for NFT projects, which fell 3.36% at the time of the press. Also, May 13th, Doodles publication “Dooplicator”. According to the project, anyone who owns a Doodles NFT can request a Dooplicator called “a backpack-sized device with extraordinary power for use in the next major product release of (Doodles).”

    The window period for requesting duplicators ended on June 21st. The increase in Doodle sales over the last 24 hours could also be due to a last-minute rush of investors trying to get Doodle to be able to claim available Doodles.

    All Ethereum-based NFT sales totaled $ 16,213,966, with Doodles accounting for 15% of these sales.

    Doodles vs BAYC

    Meanwhile, total sales recorded in the last 24 hours are $ 1,697,661, and the Bored Ape Yacht Club (BAYC) project is closely behind Doodles. Over the last 24 hours, the BAYC project has recorded a total of 19 sales transactions with 19 new buyers. At the time of the press, the lowest price for NFT projects was 84 ETH, down 6.13% in one day.

    However, according to NFTGo data, BAYC remains a major project with a market capitalization of $ 1,634,145,814.04. In context, the market capitalization of the entire NFT ecosystem is valued at $ 2.236 billion. BAYC currently holds 7.07% of the market share.

    Source: NFTGo

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