April 18, 2024

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?

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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.

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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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