NFT sales hit $501 million over the past week. These were the 5 best-selling digital collections.

• NFT sales had a breakthrough year in 2021, and over the past 12 months, volume has hit $22 billion.
• The NFT market is dominated by a handful of standout leaders due to their popularity and rarity.
• These were the five best-selling digital collectibles that helped drive $501 million in NFT sales over the past week. $4

The cryptocurrency boom over the past few years has helped propel a newer market to record heights: digital collectibles known as NFTs.

In fact, total NFT sales volume hit $22 billion over the past year as artists, investors, and entrepreneurs descend upon the nascent Web3 space.

NFTs, or $4, are unique, irreplaceable, $4 that users buy and sell online.

NFTs $4 to keep a digital record of ownership, similar to cryptocurrencies. They were first launched on ethereum, the same blockchain that supports the cryptocurrency $4, and most NFTs can still only be purchased using ether.

Despite the $4, NFT sales have held up relatively well. In the past week alone, sales hit $501 million, according to $4

With NFT sales soaring, these were the five best-selling collections over the past week, according to NonFungible.

5. Doodles

7-Day Sales Volume: $5.8 million
Number of Sales: 137
Highest Sale Price: $260,305

Explainer: "Doodles come in a joyful range of colors, traits, and sizes with a collection size of 10,000. Doodles are a funky bunch that like to role play or transmogrify themselves into delicious treats. Holding a Doodle allows you to participate in coordinating the Doodles Community Treasury."

4. Art Blocks

7-Day Sales Volume: $9.6 million
Number of 7-Day Sales: 3,537
Highest Sale Price: $220,513

Explainer: "A storefront for genuinely programmable and on-demand generative artwork that is stored directly on the Ethereum blockchain."

3. The Sandbox

7-Day Sales Volume: $16.1 million
Number of 7-Day Sales: 1,463
Highest 7-Day Sale: $39,662

Explainer: "The Sandbox is a community-driven UGC-voxel platform where users own their LAND and host their creative magic."

2. CryptoPunks

7-Day Sales Volume: $49.5 million
Number of Sales: 74
Highest Sale Price: $23.8 million

Explainer: "10,000 unique collectible characters with proof of ownership stored on the Ethereum blockchain. The project that inspired the modern CryptoArt movement."

1. Bored Ape Yacht Club

7-Day Sales Volume: $57.5 million
Number of Sales: 601
Highest Sale Price: $504,859

Explainer: "BAYC is a collection of 10,000 Bored Ape NFTs -- unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as your Yacht Club membership card, and grants access to members-only benefits."