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NFT sales fall 2.56% to $33.63 million in Nov. 14 snapshot

The Nov. 14 seven-day snapshot put NFT sales at $33.63 million, down 2.56%. Ethereum led with $10,983,125, Polygon followed, and Bitcoin rose 7.57% in third place.

NFT Sales Total $33.63 Million in Latest Seven-Day Snapshot
WitnessNFT Sales Total $33.63 Million in Latest Seven-Day SnapshotAhmadArdity / pixabay

Outputs

  1. Nov. 14 seven-day snapshot: NFT sales of $33.63 million, down 2.56%.

  2. Ethereum ranked first with $10,983,125 in sales, down 4.65%.

  3. Polygon ranked second with $8,259,758 in sales, down 6.45%.

  4. Bitcoin ranked third with $4,866,900 in sales, up 7.57%.

  5. Nov. 10 snapshot: $34.95 million in sales; published four days earlier and covering an overlapping period.

By Tom Whitfield

The Nov. 14 seven-day snapshot put nonfungible token (NFT) sales at $33.63 million, down 2.56%. Ethereum ranked first at $10,983,125, while Bitcoin posted the only increase among the three networks reported.

How did the three leading networks rank?

  • Ethereum: $10,983,125 in sales, down 4.65%, ranking first.
  • Polygon: $8,259,758 in sales, down 6.45%, ranking second.
  • Bitcoin: $4,866,900 in sales, up 7.57%, ranking third.

The figures describe recorded sales value, not token prices or marketplace revenue. Ethereum's $10,983,125 exceeded Polygon's $8,259,758, while Bitcoin remained third despite its 7.57% gain.

Bitcoin's increase left it below Polygon and Ethereum in the Nov. 14 ranking. For market operators, the change points to stronger recorded sales on Bitcoin, not proof of higher user growth or profitability.

What does the market total include?

The three published chain figures add to $24,109,783. That subtotal sits below the $33.63 million headline, which covers more than the three networks named in the ranking.

The source provides no breakdown for the balance or any collection-level figures. Consequently, the report can locate sales among the ranked chains, but it cannot show how many buyers generated the volume or how concentrated it was.

Bitcoin's 7.57% increase contrasts with the declines on Ethereum and Polygon. It did not change their first- and second-place positions, leaving the ranking driven by sales levels rather than momentum alone.

Why are the two seven-day totals not consecutive weeks?

A separate seven-day snapshot published Nov. 10 put NFT sales at $34.95 million. The Nov. 14 figure was about $1.32 million lower, but that gap does not represent a four-day contraction in NFT sales.

The reports were published four days apart and covered overlapping rolling seven-day periods. They are not consecutive weekly totals, and the publication dates do not define matching start and end dates.

The $33.63 million and $34.95 million figures therefore describe overlapping measurements rather than a clean before-and-after sequence. Readers should avoid treating the $1.32 million difference as a weekly loss until the source supplies comparable, non-overlapping periods.

What can the snapshot establish?

The snapshot supports conclusions about aggregate NFT sales and the order of the three named networks. It identifies no data provider, collection leader, wallet count or fee arrangement, so its scope ends there.

For NFT marketplaces, aggregate chain sales indicate where transaction value was recorded during the measured period. They do not disclose platform revenue, royalties or active-user growth, none of which the snapshot reports.

The ranking also separates absolute sales from directional change. Ethereum and Polygon posted larger sales totals than Bitcoin but contracted 4.65% and 6.45%, respectively, while Bitcoin posted the largest percentage increase.

When is the next useful comparison?

A later seven-day snapshot covering a non-overlapping period would provide the cleaner test of whether Bitcoin's gain held. The source gives no publication schedule for that update, so no release date can be assigned from the available information.

Until then, the verified figures are $33.63 million in total sales, Ethereum first at $10,983,125, Polygon second at $8,259,758 and Bitcoin third at $4,866,900. The next non-overlapping window is the practical checkpoint for testing momentum, although the source provides no publication deadline.

via tokenpost.com (Source)

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Tom Whitfield

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News editor covering technology and product news in crypto and web3 industry at Mempool Brief.

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