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Monthly NFT Sales Are 80% Lower Than Last Year, Digital Collectibles Interest Plummeted in 2022

Monthly NFT Sales Are 80% Lower Than Last Year, Digital Collectibles Interest Plummeted in 2022

Like most crypto projects this year, non-fungible tokens (NFTs) felt the pain of 2022’s crypto winter as sales are down a great deal and blue-chip NFTs have been slashed in value. For instance, last month, there was roughly $534 million in NFT sales compared to the $2.77 billion in NFT sales sold in Dec. 2021.

The NFT Industry Takes a Hit in 2022 — Sales and Google Searches Down Significantly

2022 hasn’t been kind to non-fungible token (NFT) holders, and statistics show that interest in the subject has dropped a great deal this year. Google Trends (GT) data shows that the search term “NFT” had a score of around 52 during the week of Dec. 26, 2021 – Jan. 1, 2022. The term also skyrocketed to the highest score of 100 on Jan. 16 – Jan. 22, 2022.

Today, however, for the week of Dec. 18 – Dec. 24, 2022, the search term “NFT” has a score of around 16. There’s been a slight rebound in interest recently in NFTs according to GT data, which started around Dec. 4, 2022. GT data shows the most interested region in NFTs today is China, followed by Hong Kong, Singapore, Nigeria, and Taiwan.

Statistics also show that NFT sales volume has dropped a great deal since last year. Cryptoslam.io data indicates that there was $2.77 billion in NFT sales sold in Dec. 2021, and last month only $534 million in NFT sales were recorded. Metrics saved to archive.org indicate that during the week of Dec. 27, 2021, $414.84 million in sales were recorded.

Sales during the week of Dec. 27, 2021 were also down 32.05% lower as the previous seven days saw $610.53 million in sales. In terms of NFT sales by blockchain at the time, Ethereum saw $334.83 million out of the $414.84 million in total sales that week. The week of Dec. 27, 2021, Ronin had roughly $45.65 million in sales and Solana had just over $16 million in sales during the seven day period.

The top five projects or collections in terms of seven day sales during the last week of Dec. 2021, included Mutant Ape Yacht Club (MAYC), Cryptopunks, Axie Infinity, Bored Ape Yacht Club, and The Sandbox. This month, roughly a year later, NFT sales pale in comparison to the purchases made last year. As of Dec. 25, 2022, NFT sales dipped by 12.22% this week as $154.02 million in sales were recorded during the past seven days.

Over the trailing seven days, there were 295,338 NFT buyers and just over one million NFT transactions. This week, the top blockchain in terms of NFT sales is still Ethereum (ETH) and over the last seven days, there’s been $129.23 million in NFT sales that derive from the ETH chain.

ETH is followed by Solana, Polygon, Immutable X, and Cardano in terms of the largest sales last week by blockchain. Last year, on Dec. 27, 2021, an NFT called “Mega” sold for 888 ether which was worth $3.6 million at the time. Furthermore, on the same day, Cryptopunk #9137 sold for 310 ether or $1.21 million at the time of sale.

Dappradar stats indicate that Cryptopunk #9137 is now worth anywhere between 63.95 ether or $77,995 (Cryptopunks’ current floor), or 377.24 ether or $460K (Dappradar estimates). Last year’s archived data from nftpricefloor.com indicates that the floor value of a Bored Ape Yacht Club (BAYC) NFT was around 87.5 ether. ETH was also trading for $4K per unit at that time, which means 87.5 ether was around $350,000 at the time.

A Cryptopunk could be purchased for 65 ether on Dec. 19, 2021, and its value at that time measured in U.S. dollars was around $260K. Sales recorded on Dec. 25, 2022 are a completely different story, as current statistics from nftpricefloor.com show a BAYC can be purchased for 69.88, which is worth roughly $85,159 using today’s ether exchange rates.

A cryptopunk NFT purchased at the current floor value on Dec. 25, 2022, will cost 63.95 ETH or around $77K in USD value. GT data also shows that interest in the term “Bored Ape Yacht Club,” has declined a great deal as well since last year. Last year, during the week of Dec. 26, 2021 – Jan. 1, 2022, the search term “Bored Ape Yacht Club,” had a score of around 50, and by the week of Jan. 16 – Jan. 22, 2022, the search term hit 100.

Today, the BAYC-related search term is down to a score of 10, which is a considerable drop in overall interest since last year. Similarly, this week China dominates in terms of BAYC interest and the country is followed by Singapore, Hong Kong, Canada, and Australia. GT data related to other blue chip NFTs like Cryptopunks, Mutant Ape Yacht Club, and others have also seen GT search interest drop a great deal.

What do you think about this year’s NFT sales and overall interest in digital collectibles sliding a lot lower than last year? Let us know what you think about this subject in the comments section below.

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  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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