NFT Market Summary: In-Depth NFT Analysis & More
In today’s fast-paced and fiercely competitive digital landscape, knowledge is key. Our mission is to furnish you with curated content that distills intricate data and concepts into easily understandable insights, empowering you to confidently navigate the ever-evolving realms of Web3, NFT, and more.
NFT Marketplace: Basic Weekly Analysis
Blur, Blur Aggregator, Opensea, Gem, and X2Y2 are identified as the top NFT marketplaces based on the 7-day Rolling Volume index. Let’s examine them using the 7-Day Rolling Volume, 7-Day Rolling Trade, and Volume Change indexes.
| NFT Marketplaces | Market Share | 7-day Rolling Volume | 7-day Rolling Trade | Volume Change [Last 7 Day over the Previous 7 Day Volume] |
| Blur | 47.94% | 29969.97 | 53359 | +15.20% |
| Blur Aggregator | 25.89% | 14325.34 | 28959 | +24.12% |
| Opensea | 18.85% | 10600.50 | 37780 | +25.64% |
| Gem | 2.44% | 1328.45 | 6467 | -14.69% |
| X2Y2 | 2.25% | 1451.49 | 1880 | +143% |
In this week’s analysis of the NFT marketplace, X2Y2 takes the lead with a 143% increase in trading volume compared to the previous week. Opensea and Blur Aggregator follow closely with notable volume surges of 25.64% and 24.12%, respectively
Blur also demonstrates a relatively moderate volume surge of 15.20%. However, Gem experiences a decline of 14.69%.
6.1. Leading NFT Collectible Sales this Week
Among the reported NFT market landscape this week, the top sales include Bored Ape Yacht Club #1726, CryptoPunks #1510, CryptoPunks #9736, CryptoPunks #735, and Azuki #9143.
| NFT Collectibles | Price (in USD) |
| Bored Ape Yacht Club #1726 | $668,296.81 |
| CryptoPunks #1510 | $348,356.50 |
| CryptoPunks #9736 | $240,322.81 |
| CryptoPunks #735 | $233,247.69 |
| Azuki #9143 | $217,261.03 |
Bored Ape Yacht Club #1726 fetched a price of $668,296.81. Meanwhile, CryptoPunks #1510, CryptoPunks #9736, and CryptoPunks #735 were sold for $348,356.50, $240,322.81, and $233,247.69, respectively. Azuki #9143 also secured around $217,261.03.
Web3 Weekly Funding Analysis
7.1. ICO Landscape: A Weekly Overview
Ta-da, MeMusic, Meson.Network, Lends, Icon.X World, and Web3War are among the major ICOs that concluded this week.
| ICO | Token Price | Received | Received (in %) | Fundraising Goal | Total Tokens | Token (Available for Sale) |
| Ta-da (Artificial Intelligence) | 0.022 USD | $4,550,00 | 100 | $1,100,000 | 1,000,000,000 | 27.57% |
| MeMusic (Platform) | 0.02 USD | $4,070,000 | 100% | $300,000 | 1,000,000,000 | 25.75% |
| Meson.Network (Blockchain Service) | 1.75 USD | $12,250,000 | 100% | $8,750,000 | 100,000,000 | 31% |
| Lends (Lending) | 0.02 USD | $3,820,000 | 100% | $190,000 | 625,000,000 | 46.32% |
| Icon.X World (Platform) | 0.075 USD | $1,420,000 | 100% | $670,000 | 100,000,000 | 24.5% |
| Web3War (Gaming) | 0.0533 USD | $1,650,000 | 100% | $1,650,000 | 150,000,000 | 25% |
Ta-da received $4,550,000, while MeMusic, Meson.Network, and Lends secured $4,070,000, $12,250,000, and $3,820,000, respectively. Additionally, Icon.X World and Web3War also amassed $1,420,000 and $1,650,000, respectively.
Weekly Blockchain Hack Analysis
As of February 10th, 2024, the total value hacked is $7.65 billion. Of this, $5.79 billion was hacked in DeFi, while $2.83 billion was hacked in bridges.
On January 30th, 2024, Abracadabra suffered a hack, resulting in a loss of $6.5 million.
Similarly, on January 22nd and 16th, 2024, Concentric and Bungee experienced hacks, resulting in losses of $1.17 million and $3.3 million, respectively. Additionally, on January 12th and 4th, 2024, Wise Lending and Gamma were hacked, incurring losses of $0.46 million and $4.5 million, respectively.
Endnote
In this week’s comprehensive analysis of Web3, NFT, and more, we have uncovered powerful insights that can help stakeholders stay informed about market developments. As the landscape evolves, the strategic integration of technology and data-driven decision-making becomes paramount for navigating the dynamic realms of decentralized technologies.
