MAYC is the fourth highest selling NFT by all-time sales volume with approximately $1.7 billion. Mutant Ape Yacht Club had a sales volume of roughly $24.7 million during the seventh month of 2022, according to to Be[In]Crypto Research based on data from CryptoSlam.
Why the drop in sales?
When you explore the number of unique buyers from July, the decline in sales volume led to a drop in the transaction counts of Mutant Apes, with 740 unique buyers, and 1,108 transactions.
In contrast to April of this year when MAYC reached a yearly high in monthly sales, there were 1,876 unique buyers and 2,812 total transactions. April sales of the digital collectibles were around $261 million.
By generating less than $30 million in sales for the first time, volume fell by $236 million. In addition to unique buyers and transactions, average sale value also took a massive hit. There was a 75% plunge in average sale value from $92,874 in April to $22,326 in July.
BeInCrypto strives to provide accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. You comply and understand that you should use any of this information at your own risk. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.