Weekly NFT Update (Week 18, 04/05/2022 – 10/05/2022)

Instagram begins to test support for NFTs. Two Hong Kong malls exhibit NFTs in three art events. Crypto.com is creating the Formula 1 Crypto.com Miami Grand Prix NFT collection.

May 11, 2022
Weekly NFT Update May 2022

Key Takeaways

Crypto.com NFT in the Spotlight

  • Crypto.com NFT drops the Cyber Cubs — the first derivative collection of the Loaded Lions project, which features 10,000 randomly generated ‘Cyber Cub’ NFTs with varying levels of rarity. Starting from 17 May 2022, one ‘Cyber Cub Pack’ will be randomly airdropped for every ‘Loaded Lion’ NFT owned, and Mane Netizens can unwrap the packs to reveal their very own ‘Cyber Cub’ NFT. 
  • Upcoming drop Wonderverse is that magical and surreal place where our unconscious senses and dreams merge together entering into the metaverse. This drop features a special edition NFT giveaway created by the artist. In order to qualify, collectors must hold a copy of any item listed in the drop 24h after the drop ends. 


Transaction Volume Benchmark

Image 9
* Week-on-Week (WoW) % change is calculated based on the differences between two subsequent 7-day periods.
* Year-to-Date (YTD) volume is calculated from the first day of the current year to the current date.

* Transaction count & average price refers to the number of traders and average price of the 7-day period.
* LooksRare launched on 10 January 2022
* X2Y2 launched on 16 February 2022
* Magic Eden data refers to on-chain activity of the tracked smart contracts

* LooksRare, OpenSea, Coinbase data from Dune Analytics
* X2Y2, NBA Top Shot, Magic Eden, Solanart data from DappRadar

Top Collectibles

Image 7
* Collectibles data from CryptoSlam.io

The following chart shows selected top NFTs and their historical floor prices.

Upcoming NFT Sales

The following table shows the top upcoming NFT sales and a sample of their art.

Project NameSale DatePriceItemsMarket Cap Sample
Squid Academy17 May 20221 (SOL)10,45610,456 (SOL)
Zelenskyy NFT Club21 May 20220.4 (ETH)8,8883,555 (ETH)
Xkart Racing25 May 20222 (AVAX)5,00010,000 (AVAX)
Fancy Fox Association1 Jun 20220.8 (SOL)9,1897,351 (SOL)
Sentoki12 May 20220.18 (SOL)2,888520 (SOL)
Creative Friendz13 May 20220.06 (ETH)8,888533 (ETH)
Project NameSquid Academy
Sale Date17 May 2022
Price1 (SOL)
Market Cap 10,456 (SOL)
Project NameZelenskyy NFT Club
Sale Date21 May 2022
Price0.4 (ETH)
Market Cap 3,555 (ETH)
Project NameXkart Racing
Sale Date25 May 2022
Price2 (AVAX)
Market Cap 10,000 (AVAX)
Project NameFancy Fox Association
Sale Date1 Jun 2022
Price0.8 (SOL)
Market Cap 7,351 (SOL)
Project NameSentoki
Sale Date12 May 2022
Price0.18 (SOL)
Market Cap 520 (SOL)
Project NameCreative Friendz
Sale Date13 May 2022
Price0.06 (ETH)
Market Cap 533 (ETH)
* Collectibles data from Rarity Tools, Crypto.com 

Top Artists

The following table shows selected top artists (by sales volume on each platform) and a sample of their art.

PlatformArtistSales Volume (USD)Sample
Crypto.com NFTThe TRIP: Genesis$1.7M
SolanartDegenerate Ape Academy$49,583
OpenSeaOtherdeed for Otherside$115.6M
PlatformCrypto.com NFT
ArtistThe TRIP: Genesis
Sales Volume (USD)$1.7M
ArtistDegenerate Ape Academy
Sales Volume (USD)$49,583
ArtistOtherdeed for Otherside
Sales Volume (USD)$115.6M

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