NFT Weekly Market Update (Feb 28th — March 5th) | CoinCodeCap’s Weekly | by Coinmonks Team | Coinmonks | Mar, 2023

Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.

Number of sales: 52,244

Sales USD: 161,832,297.48$

Average USD (Average price of an NFT): 3,097.98$

Active Market wallets: 32,112

Primary Sales: 10,338

Primary Sales USD: 5,076,852.83$

Secondary Sales: 41,906

Secondary Sales USD: 156,755,444.65$

Unique Buyers: 19,740

Unique Sellers: 16,821

Source: https://nonfungible.com/market-tracker

Total Volume and Sales:

We saw the highest of Number of Sales on 28th February which was 8.8K and the Lowest of number of sales was recorded on 5th March which was 6K. This Metric showed an overall Decrease.

The Highest of Sales volume was recorded on 28th February which was 28.7M$. And the Lowest was recorded on 5th March which was 16.9M$ This Metric showed an overall Decrease.

Active Market Wallets:

The Highest of Active Market Wallets was recorded on 28th February which was 7.3K and the Lowest was recorded on 5th March which was 5.7K. This Metric showed an overall Decrease.

Unique Buyers and Unique Sellers:

The Highest of Unique Buyers was recorded on 28th February which was 4.1K. And the Lowest was recorded on 5th March which was 3.3K. This Metric showed an overall Decrease.

The Highest of Unique Sellers was recorded on 28th February which was 3.9K. And the Lowest was recorded on 5th March which was 2.9K. This Metric showed an overall Decrease.

Primary Sales and Volume:

The Highest of Primary Sales was recorded on 28th February which was 1.9K. And the Lowest was recorded on 5th March which was 1.1K. This Metric showed an overall decrease.

The Highest of Primary Sales Volume was recorded on 28th February which was 1.35M$. And the Lowest was recorded on 2nd March which was 514K$. This Metric also showed an overall decrease.

Secondary Sales and Volume:

The Highest of Secondary Sales was recorded on 28th February which was 6.9K. And the Lowest was recorded on 5th March which was almost 4.9K. This Metric showed an overall decrease.

The Highest of Secondary Sales Volume was recorded on 28th February which was almost 27.4M$. And the Lowest was recorded on 5th March which was 16M$.

This Metric showed an overall decrease.

Average Price of an NFT:

The Highest Average price of an NFT was recorded on 2nd March which was 3.6K$. And the Lowest was recorded on 5th March which was 2.7K$. This Metric showed an overall Decrease.

Conclusion:

In the past few days, we saw an increase in some of the metrics and a decrease in the rest.

The information above does not constitute investment advice, and the author does not ask you to either buy or sell any of the assets mentioned in the article.