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The global non-fungible token market has started this first week of September 2024 buoyant, with the majority of non-fungible token collections, across major blockchain networks, recording impressive surges in their trading sales volume. Bored Ape Yacht Club is spearheading the short NFT market rally with a trading sales volume of nearly $1 million.

Bored Ape Tops In Daily NFT Sales Volume

Data fetched by CryptoSlam.io, a multi-chain non-fungible token explorer backed by billionaire Mark Cuban, indicates that the Bored Ape Yacht Club NFT collection has exploded in trading sales volume, becoming the leading NFT collection in the NFT market. In the past 24 hours, the Bored Ape Yacht Club has amassed a sale volume of $848,676. During this time, Bored Ape NFT sales volume has surged by 161% from the past day.

Launched in 2021, Bored Ape Yacht Club is a non-fungible token collection from the digital asset firm Yuga Labs featuring a limited set of 10,000 NFTs hosted on the Ethereum network. The Bored Ape NFT collection is a sister to the Mutant Ape Yacht Club, a non-fungible token collection featuring a limited set of 20,000 NFTs hosted on the Ethereum blockchain network.

The Bored Ape NFT collection is also a sister to the Bored Ape Kennel Club, a non-fungible token collection that features a fixed set of 9,602 NFTs; Otherdeed, a non-fungible token enabling holder to play games in the Yuga Labs universe (Otherside); Twelvefold and CryptoPunks. For the past three years, the Bored Ape NFT has rapidly grown to become an all-time top-selling NFT collection.

The NFT Market Health In The Past 24 Hours

The non-fungible token market has turned green today, recording an impressive growth of +10%. In the past 24 hours, the global NFT market has recorded a trading sales volume of $11.7 million, up 13% from the past day. The four top leading NFT blockchains, Ethereum, Solana, Bitcoin, and Polygon have all recorded +10 positive gains. Investors are optimistic that NFTs may even retest a bull run before the end of this year.