The Forkast NFT 500 Index, a proxy measure of the performance of the global non-fungible token (NFT) market based on 500 eligible smart contracts, slipped 0.68% to 4,276.12 in the 24 hours through 4:45 p.m. in Hong Kong on Wednesday.

Global NFT sales rose 1.88% to US$30 million, and the unique number of buyers increased 1.45% to 73,180, according to Cryptoslam.io data.

The Bored Ape Yacht Club (BAYC) NFT collection had the highest sales in the 24 hours leading up to Wednesday afternoon in Asia, rising 22.6% to US$2.21 million.

(By DANNY PARK)