From the point of view of projects: CryptoPunks as a reference for many other big projects in the NFT’s industry, is considered as a pioneer in this new market.

In terms of the three main metrics, it can be visualized a similar pattern in which the NFT market crash + the crypto market crash had affected the transactions, the active users and also the volume in USD terms. Even if thats the case. Also it can be noticed that even if the users had decreased in just a few of them over the last three months, it can be testified a volume of 400k prox. on the 7th of October.

In terms of volume, it was made a trasnformation in a log perspective to actually see how many active buyer users incorporated in a cluster the volumes of specific dates, specially the ones surpassing the USD 1 million.

The highest volumes in the last 3 months can be covered on July 7th (USD 6.17 M - 32 active users) and September 28th (USD 5.86 M - 12 active users). As it can be seen even if the users where different, the actual prices of CryptoPunks made that only some users trade in a considerable volume the nft’s.

Also it can be visualized that there where 10 dates that the users where higher in terms of quantity and these dates as a cluster represented the 34.5% vs the rest of the other 80 days of 65.5%. This can give us a hint of what happened on those specific dates.

At the same time, we noticed that in terms of volume there were other 10 dates in which putting everything together they represented the 44% of the total volumes.

Finding similarities, it was found the dates in which both analysis converges: 17th of July (users with 5.78% - volume with 7.48%), 16th of July (users with 4.51% - volume with 5.11%), 15th of July (users with 3.97% - volume with 4.51%), 12th of July (users with 2.53% - volume with 5.15%), 10th of July (users with 3.97% - volume with 3.35%) and 9th of July (users with 6.14% - volume with 6.29%)

Finally, comparing the average volumes of the last three months and the previous day, we can actually visualize in a more dynamic way the behaviour of the volumes that can represent somehow the post-effects of the crash, the new Ethereum mechanism and merely the new projects that are surging on the crypto and nft space.