How Have Valhalla and Cocpunch NFTs Performed in the Last Seven Days?
How Have Valhalla and Cocpunch NFTs Performed in the Last Seven Days? Two NFT services, Valhalla and Cockpunch, have attracted $18.6 million in transactions over the past seven days. Coming in at No. 3 and 4 respectively on the NFT chart, the projects are generating strong market share despite depressed market conditions. Two new NFT projects recorded a transaction value of more than $18 million in the past seven days.
The depressed market conditions of 2022 have no one, not even the blue NFT projects, but these projects create a large market regardless of the crypto situation. Vahalla was the third most popular NFT project this week, with a market value of $9.4 million from 6,774 markets, according to NFT data tracker CryptoSlam.
Valhalla is an NFT strategy game from Stacked, a startup from Los Angeles founded in 2019. It was invented by the creators of Floki, memecoin. The company has raised $15 million from Pantera Capital, Comcast Ventures and other investors, according to the website Stacked. Cockpunch, the fourth most popular NFT service this week, recorded a trading volume of $9.2 million from 9,554 transactions in the past week. Cockpunch is an NFT collection of fantasy fiction founded by author and entrepreneur Tim Ferriss, best known for his book The 4 Hour Workweek.
NFT Collective’s companion podcast of the same name reached #21 on podcast fiction on audio streaming platform Spotify. One Cockpunch NFT sold for even 55.55 ETH, or more than $70,000. The total market of NFT is still a small part of their market volume at the beginning of 2022. The first week of December brought $ 63 million in weekly NFT sales, compared to $ 230 million in the same period last year – a drop of 73. %.