VeeFriends NFTs hit $500 million all-time sales

SNEAK PEEK

  • VeeFriends’ suffered a fall in average sale value in May.
  • In 2022, the monthly sales volume will be under $20 million.
  • VeerFriends’ total sales for the current month are around $1.81 million.

VeeFriends NFT continues to scale new milestones in the NFT world, despite the extreme drop in overall monthly sales volume.

According to Bee, VeeFriends has served as a potential project in driving mainstream adoption of digital collectibles since its May 2021 launch, reaching a total sales volume of $500 million.

The land is definitely a huge boost to the NFT space, which is declining drastically in monthly volumes throughout 2022.

Other digital collections in the running for the most sales volume include but are not limited to Moonbirds, CloneX, Azuki, Otherdeeds, NBA Top Shot, Art Blocks, Mutant Ape Yacht Club, Bored Ape Yacht Club, CryptoPunks, and Axie Infinity.

VeeFriend NFT holders are a part of the VeeFriends Community and have access to VeeCon, a multi-day conference centered on discussions by expert and emerging leaders in NFTs and popular culture.

VeeFriends generated around $19.19 million in volume in March, a time when NFTs started struggling in sales.

Owing to the spike in the number of unique buyers from May 2021, the increase in sales volume led to the platform’s soaring transaction counts, with 4,477 unique buyers and 9,161 transactions. VeeFriends’ sales volume was approximately $53.21 million by the end of the month.

August 2021 saw VeeFriends reach an all-time high monthly sales in the region of $343.83 million. Despite the number of unique buyers of 477 being at an 89% decline from May’s high, the average sale value was higher. VeeFriends’ average sale value was $434,673.29 in August, which was a 7,384.24% increase from May’s $5,807.85.

Other months contributing considerably to VeeFriends’ sales were September 2021 ($32.58 million), January 2022 ($18.93 million), and April 2022 ($13.98 million).

VeeFriends’ total sales for June were around $2.28 million.