SuperRare has fewer buyers, but they purchase more expensive NFTs, data shows

SuperRare is seeing half the active collectors this month than March, in spite of a higher overall sale volume.

According to Dune Analytics, SuperRare NFT market has set a new month-to-month record for total sales volume of $31.4 Million with one week left till October.

The March record for regular monthly sales was $29.5 million. 929 collectors acquired 3,179 art work. The average artwork cost varied from 3.0 to 5.5 Ether (or about $12,600 as much as $23,000).

SuperRare (ETH) is a single-edition NFT marketplace where collectors can buy a blockchain deed for digital products like artworks, videos, or memes.

The bottom line is that SuperRare has less collectors. Collectors who do buy more expensive items tend to be more discerning.

There were 372 active collectors this month who acquired 726 items with a value in between 9.5 Ether and 12.2 Ether or roughly $40,000 to $51,000.

Continue reading: Buyers pay $7M for an unseen NFT collection

Snoop Dogg likewise bought an XCOPY piece for a record 1300 ETH (or $3.9 million) in September.
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Starry Night Capital, an NFT-collection fund worth $100 million, was accountable for almost half of SuperRares October trading volume. They bought Dankrupt” from artist XCOPY for 469 ETH ($ 1.9 million).

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