Azuki, like all other digital collectibles, saw a significant drop in sales volume in the first half of the year due to the bearish trend of the crypto and NFT markets.
Azuki has climbed above Moonbirds, CloneX and VFriends in the ranking of the largest NFTs by sales volume to date. The total sales volume of digital collectibles was approximately $781.05 million. Be. According to[In]crypto research, Azuki had sales of about $12.06 million in June.
Although this figure may seem small due to Azuki’s previous monthly sales, the June volume exceeded the most successful NFT projects, Axie Infinity, NBA Top Shots, Meebits, Bored Ape Kernel Club (BAKC) and Sandbox.
However, this statistic was lower than Board Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and others. Additionally, the latest monthly price was down 91% from May’s volume of $147.97 million.
New to Azuki?
Launched on January 12, 2022, Azuki consists of a collection of 10,000 avatars that provide exclusive membership access to a corner of the Internet where Web3 enthusiasts, builders and artists (collectively called The Garden) are building a decentralized future. join to create.
Becoming an Azuki holder gives you exclusive experiences, airdrops, and more.
Why the drop in sales?
When you study the decline in the number of unique buyers since June, the reason for the decline in sales is the decreasing number of transactions with 563 unique buyers and 837 transactions.
There were 9,123 unique buyers and 18,012 transactions, compared to the opening month of NFTs in January 2022. Azuki’s sales during the first month of the year were approximately $219.08 million.
After recording less than $100 million for the first time, Azuki hit an annual low where it lost $207 million in January sales.