The NFT SuperRare marketplace has set a new monthly record of $ 31.4 million for total sales volume with a week to spare until the end of October, according to Dune Analytics.
SuperRare is a single edition Ethereum (ETH) NFT Market, where collectors can purchase a blockchain deed for digital items like memes, videos, or artwork.
The monthly sales record was previously $ 29.5 million in March, with 929 active collectors purchasing 3,179 works of art. The median price of the artwork ranged from 3.0 to 5.5 Ether, or around $ 12,600 to $ 23,000.
Despite hitting a higher total sales volume this month, SuperRare has half of the active collectors shopping the market this month compared to March.
This month, there have been 372 active collectors, buying 726 items ranging in value from 9.5 to 12.2 Ether, or around $ 40,000 to $ 51,000.
In short, fewer collectors buy fewer SuperRare pieces. However, those who do tend to spend more money on expensive items.
Read more: Buyers shell out $ 7 million for an invisible NFT collection
For example, Starry Night Capital, a $ 100 million NFT fundraiser, alone accounted for nearly half of SuperRare's total trading volume in October. Over the weekend, they bought artist XCOPY's 'Dankrupt' on SuperRare for 469 ETH, or $ 1.9 million.
Snoop Dogg also bought an XCOPY piece in late September for a record 1,300 ETH, or $ 3.9 million.
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