SuperRare has fewer buyers, but they purchase more expensive NFTs, data shows
SuperRare has fewer buyers, just they purchase more than expensive NFTs, information shows
Despite reaching a college total sales volume this month, SuperRare has half every bit many active collectors buying on the marketplace this calendar month compared to March.
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Nonfungible token (NFT) marketplace SuperRare has set a new monthly record of $31.iv million for total sales book with a week to spare until the end of October, according to Dune Analytics.
SuperRare is a unmarried-edition Ethereum NFT marketplace where collectors tin purchase a blockchain human action of ownership for digital items such as memes, videos or artworks.
The monthly sales record was previously $29.five one thousand thousand in March, with 929 active collectors purchasing 3,179 artworks. The average artwork cost ranged between 3.0 and 5.5 Ether (ETH), or well-nigh $12,600–$23,000.
Despite reaching a higher total sales volume this month, SuperRare has half as many active collectors buying on the marketplace this month compared to March.
This month, there have been 372 active collectors, purchasing 726 items of a value ranging betwixt nine.5 and 12.2 ETH, or nigh $40,000–$51,000.
In short, fewer collectors are buying fewer pieces from SuperRare. However, those who do tend to spend more money on big-ticket items.
Read more: Buyers shell out $7M for unseen NFT collection
For example, Starry Night Capital, a $100-one thousand thousand NFT collection fund, single-handedly deemed for nigh half of SuperRare'southward total trading book in October. Over the weekend, it purchased "Dankrupt" from artist Xcopy on SuperRare for 469 ETH, or $1.9 million.
Snoop Dogg also purchased an Xcopy piece in late September for a record-breaking i,300 ETH, or $3.nine million.
Source: https://cointelegraph.com/news/superrare-has-fewer-buyers-but-they-purchase-more-expensive-nfts-data-shows
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