{"id":11562,"date":"2022-06-14T05:36:08","date_gmt":"2022-06-14T05:36:08","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/nft-trading-volume-surges-amid-market-and-floor-price-crash\/"},"modified":"2022-06-14T05:36:10","modified_gmt":"2022-06-14T05:36:10","slug":"nft-trading-volume-surges-amid-market-and-floor-price-crash","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/nft-trading-volume-surges-amid-market-and-floor-price-crash\/","title":{"rendered":"NFT trading volume surges amid market and floor price crash"},"content":{"rendered":"<div data-v-2a0745c6=\"\">\n<p>NFT trading volume has surged over the past 24 hours as crypto markets tank taking floor prices of many top NFT collections along with it.<\/p>\n<p>A long list of top NFT projects such as Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Crypto Punks, and Sorare have all seen more than 100% increases in 24-hour trading volumes as investors look to snap up cheaper NFTs as floor prices tumble.<\/p>\n<p>According to data from CryptoSlam, eight of the top 10 NFT projects in terms of 24-hour sales volume have posted at least a 115% increase in trading volume, with the only projects falling under that mark being Goblintown at 35.54% and Moonbirds at 64.11%. <\/p>\n<p>Leading the pack is Yuga Labs\u2019 BAYC NFTs, with a 262.79% surge over the past 24 hours to account for $7.1 million worth of sales. <\/p>\n<p>Notably, the following three highest-ranked projects are also owned by Yuga Labs, with MAYC, Otherdeed, and CryptoPunks posting 173.49%, 157.88%, and 122.69% surges in 24-hour trade volume to represent $3.4 million, $2.6 million and $2.5 million worth of sales respectively. <\/p>\n<figure><figcaption style=\"text-align: center;\"><em>24 hour trade volume: CryptoSlam<\/em><\/figcaption><\/figure>\n<p>Data from DappRadar also shows that OpenSea marketplace has been the biggest beneficiary of the increased trading volume over the past 24 hours, with the platform posting a 173.43% gain in trading volume for a total of $23.88 million worth of sales. <\/p>\n<p>However, the number of traders on the platform also decreased by 15.39% to 29,300 within that same time frame, suggesting that only a small number of investors with relatively deep pockets are making moves. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Crypto winter survival guide: Community shares game plan for the bear market<\/em><\/strong><\/p>\n<p>It is also worth noting that even as projects such as the BAYC and CryptoPunks have seen their floor prices drop to 82.5 ETH ($96,700) and 47 ETH ($54,800) \u2014 down from their all-time highs of 153.70 ETH and 123 ETH \u2014 investors are still snapping up assets above the floors. <\/p>\n<p>In the past 24 hours, CryptoPunks #8620 and #5690 went for 275 ETH apiece ($327,000 at current prices) while BAYC NFTs #393 and #3441 sold for 118 ETH ($140,000) and 105 ETH ($124,000). <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>NFT trading volume has surged over the past 24 hours as crypto markets tank taking floor prices of many top NFT collections along with it. A long list of top NFT projects such as Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Crypto Punks, and Sorare have all seen more than 100% increases [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11563,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[42],"tags":[],"class_list":["post-11562","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NFT trading volume surges amid market and floor price crash | NFT &amp; Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nftandcrypto-news.com\/crypto\/nft-trading-volume-surges-amid-market-and-floor-price-crash\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NFT trading volume surges amid market and floor price crash | NFT &amp; Crypto News\" \/>\n<meta property=\"og:description\" content=\"NFT trading volume has surged over the past 24 hours as crypto markets tank taking floor prices of many top NFT collections along with it. A long list of top NFT projects such as Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Crypto Punks, and Sorare have all seen more than 100% increases [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nftandcrypto-news.com\/crypto\/nft-trading-volume-surges-amid-market-and-floor-price-crash\/\" \/>\n<meta property=\"og:site_name\" content=\"NFT &amp; Crypto News\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-14T05:36:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-14T05:36:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2022\/06\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvZjQ1Mzc2ZTItNWIxOS00MTg4LWE5YTAtMjE3ZWM4YjZhNjA4LmpwZw.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1160\" \/>\n\t<meta property=\"og:image:height\" content=\"773\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/nft-trading-volume-surges-amid-market-and-floor-price-crash\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/nft-trading-volume-surges-amid-market-and-floor-price-crash\/\"},\"author\":{\"name\":\"Staff\",\"@id\":\"https:\/\/nftandcrypto-news.com\/#\/schema\/person\/352194e8b0cb9ae3ad5480e201b5f792\"},\"headline\":\"NFT trading volume surges amid market and floor price crash\",\"datePublished\":\"2022-06-14T05:36:08+00:00\",\"dateModified\":\"2022-06-14T05:36:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/nft-trading-volume-surges-amid-market-and-floor-price-crash\/\"},\"wordCount\":328,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/nft-trading-volume-surges-amid-market-and-floor-price-crash\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2022\/06\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvZjQ1Mzc2ZTItNWIxOS00MTg4LWE5YTAtMjE3ZWM4YjZhNjA4LmpwZw.jpg\",\"articleSection\":[\"Crypto\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/nftandcrypto-news.com\/crypto\/nft-trading-volume-surges-amid-market-and-floor-price-crash\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/nft-trading-volume-surges-amid-market-and-floor-price-crash\/\",\"url\":\"https:\/\/nftandcrypto-news.com\/crypto\/nft-trading-volume-surges-amid-market-and-floor-price-crash\/\",\"name\":\"NFT trading volume surges amid market and floor price crash | NFT &amp; 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