Created on the Ethereum ecosystem and by a generative algorithm, the Meebits non-fungible token (NFT) collection comprises 20K distinct 3-D voxel characters. It joined the scene in May 2021, and its $832.8 million market cap makes it enjoy 3.2% of the overall NFT market cap ($23 trillion).
Moreover, Meebits leads the overall market trading volume of $61.22 billion, boasting a 19.37% market share with its $9.73 billion trading volume. That had it earning a space as a Blue-Chip non-fungible token collection.
Santiment data shows Meebits’ contract address has witnessed a surge in transactions and interactions this week. The metrics have hit their highest marks since February. What about the collection’s performance within the past seven days?
Meebits Upside
Crypto Slam data shows the Meebits collection recorded a 46% surge in sales volume, registering $6,035,899.79 over the past 29 days, increasing from June’s $3,207,926.51 sales volume. Meanwhile, NFT Price Floor data shows Meebits’ price floor hovered at 5.1 ETH during this publication. It has gained 8% within the past seven days. The collection’s price floor gained 15.25% within the last 24 hours.
Moreover, sales & purchase transactions count for Meebits toppled 367 within the previous week (NFTGo data). That timeframe had the collection recording $1.79 million in sales volume. This number shows transactions involved in selling and buying Meebits NFTs increased by 40.08% within the past seven days.
Also, NFTGo data (for that timeframe) shows that receive or send transactions in Meebits noted a 7.92% surge. The past seven days saw the collection recording 218 transfer activities.
Buying Meebits
The timeframe under review saw the blue-chip NFT recording a 27.03% surge in unique addresses that purchased NFTs for the collection (at least once). Meanwhile, 171 wallets scooped (at least) 1 Meebits within the past seven days.
Contrariwise, distinct wallets that sold Meebits NFTs (at least once) registered a 27.59% surge during the phase under review. Surprisingly, though the NFT saw an increment in buyers and sellers over the past week, unique addresses holding at least a single Meebits NFT currently noted a 0.11% drop.
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