Azuki, like all other digital collectibles, saw a significant plunge in sales volume due to the bearish trend of the crypto and NFT markets in the first half of the year.
Azuki has climbed above ай куштары, CloneX, and Vee Friends on the rankings of the biggest NFTs by all-time sales volume. The digital collectibles had a total sales volume of approximately $781.05 million. According to Be[In]Crypto research, Azuki had a sales volume of around $12.06 million in June.
While this figure may seem small due to the previous monthly sales of Azuki, June’s volume was higher than the most successful NFT project, чексиздик, NBA Top Shots, meebits, Зериккен маймыл Kernel Club (BAKC), Жана Sandbox.
However, this statistic was lower than the Зериккен Ape Yacht Club (BAYC), Мутант маймылардын яхта клубу (MAYC), жана Башка тарап. With that said, the latest monthly value was a 91% dip from May’s volume of $147.97 million.
New to Azuki?
Launched on Jan. 12, 2022, Azuki comprises a collection of 10,000 avatars that grants exclusive membership access to a corner of the internet where Web3 enthusiasts, builders, and artists (collectively called The Garden) байланыш up to create a decentralized future.
Becoming an Azuki holder grants you access to exclusive experiences, экзаменатору, Жана башкалар.
Why the fall in sales?
When you study the decline in the number of unique buyers from June, the drop in sales caused the descending transaction counts, with 563 unique buyers, and 837 transactions.
In comparison to the NFTs’ opening month in Jan. 2022, there were 9,123 unique buyers and 18,012 transactions. Azuki sales were around $219.08 million during the first month of the year.
After recording less than $100 million for the first time, Azuki reached a yearly low where it shed $207 million of January’s sales.
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Source: https://beincrypto.com/azuki-nft-sales-hit-2022-low-falling-after-slipping-more-than-200-million/