Meebits exceeds $500 million in all-time NFT sales

SNEAK PEEK

  • Meebits has recorded a considerable increase in buyers since May 2021.
  • In August 2021, Meebits saw an all-time high in average sales value.
  • Other NFT projects with highest sales volume include The Sandbox, Axie Infinity, CryptoPunks, VeeFriends, MAYC, BAYC and NBA Top Shot.

Despite declining investor interest in NFTs, Meebits, an NFT collection made up of 20,000 3D voxel characters, continues to reach new landmarks in the digital collectibles universe.

Meebits
Source: CryptoSlam

From the time it joined other projects in May 2021, Meebits is considered a vital addition to the NFT mania. As per Be[In]Crypto research, it reached an overall sales volume of $506.59 million, which was a significant boost for the NFT world, as the market was facing the wrath of bearish trends. 

In March, when digital collectibles were having a tough time in terms of numbers, Meebits generated around $45.85 million.

The number of unique buyers increased from May 2021. A total of 3,988 unique buyers and 12,972 transactions were recorded. During the month end, Meebit’s sales volume was in the range of $143.29 million.

Source: CryptoSlam

It was August 2021 when Meebits recorded an all-time high in average sales value of $112.49 million. During the month end, the average sale value was $21,425.89, showing a 93% spike compared to May 2021’s $11,046.26.

Source: CryptoSlam

Moving on to other months that contributed significantly, they were- September 2021 with $30 million, January 2022 with $28.82 million and April 2022 with $42.71 million.

Previously, Veefriends NFTs hit $500 milion all-time sales and supported the declining NFT market to a great extent.