Highest Sales Volume

    Q1. Which 3 NFT collections have the most total sales volume in the last 60 days on NFTX? These are transactions where someone redeems their NFTX tokens for a specific NFT.

    What is NFTX?

    NFTX is a community-driven protocol for NFT Index Funds on Ethereum. NFTX index funds are ERC20 tokens supported by NFT collections. NFTX token holders ultimately manage the protocol.

    NFTX was launched in January 2021 by Alex Gausman to enable the creation of NFT Index funds or ERC-20 tokens supported by NFT collections. This project was created due to the need to reduce knowledge barriers to NFT investment and to address the lack of liquidity and transparency in space.

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    Methodology

    In this dashboard, we extract the NFTX-related On-chain data using the Flipsidecrypto platform, draw the following diagrams, and provide explanations about them:

    • Three NFT collections with the most total sales volume
    • Daily Sales Volume of Collections
    • The Best-Selling NFT Collection every day

    It should be noted that the data is related to the last 60 days

    Analysis

    First, we analyze the sales volume of 3 of the best-selling NFT collections in the last 60 days on NFTX.

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    As can be seen from the chart, the Milady Collection is in first place with a sales volume of $3.28 million, followed by the Doodle Collection with $3.099 million. In third place is the Boredapeyachtclub Collection, with $2.28 million in sales over the past 60 days.

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    We can find some Insights from the chart above for each of the NFT collections:

    • Boredapeyachtclub:
      • In the last 60 days, this collection was sold only on April 22, 28, 1, and 13, and the highest sales volume was on April 22($1.35 M).
    • Milady:
      • It can be said that this collection has been trended in 3 periods in the last 60 days, first from April 14 to 19, then from April 30 to May 2, and finally from May 17 to 22.
    • Doodles
      • This collection has been trending from May 1 to May 14 and the highest sales volume occurred on May 13($1.49 M).

    The chart above shows which collections have had the most sales per day over the past 60 days. According to the chart, NFT collections can be sorted based on the number of days they were at the top of the highest sales volume:

    • goblintown: 15 days
    • milady : 12 days
    • doodle: 10 days
    • meebits: 5 days
    • mutantapyachtclub: 4 days
    • the otherside: 4 days
    • boredapeyachtclub: 3 days
    • azuki: 2 days
    • cool cats: 1 day
    • eghtbit: 1 day
    • loot: 1 day
    • Nouns: 1 day
    • 0x80336ad7a747236ef41f47ed2c7641828a480baa: 1 day