Non-Fungible Token Market
The NFT market has started making a massive comeback, with Ethereum-based NFT leading the short market rally. In recent days, the NFT market has experienced a drawback after Bitcoin-based NFTs, which used to fuel the recent market rally, lost their initial hype.
1. Pudgy Penguins Explode In Sales
Pudgy Penguins, a non-fungible token collection with 8,888 NFTs on the Ethereum blockchain, is the top most-selling NFT collection, amassing a trading sales volume of 4,758 ETH. It has a market capitalization of $434 million and a floor price of $48,837.
2. Azuki NFT Collection
Azuki, an NFT collection from Chiru Labs that features a limited edition of 10,000 NFTs hosted on the Ethereum blockchain, is this week’s second most-selling NFT collection with a trading sales volume of 3,142 ETH, a market capitalization of $192 million and a floor price of $19,268.
3. Lil Pudgy NFT Collection
Lil Pudgy, an NFT collection from Pudgy Penguins with 22,222 NFTs hosted on the Ethereum blockchain, is this week’s third most-selling NFT collection. It has a trading sales volume of 2,199 ETH, a market capitalization of $104 million and a floor price of $4871.
4. Bored Ape Yacht Club NFT Collection
The Bored Ape Yacht Club, which features 10,000 NFTs hosted on the Ethereum blockchain, is this week’s fourth selling NFT collection. With a trading sales volume of 1,857 ETH, it has a market cap of $642 million and a floor price of $64,244.
5. Mutant Ape Yacht Club NFT Collection
Another top-selling NFT collection, Mutant Ape Yacht Club, showcases 20,000 NFTs hosted on the Ethereum blockchain. It is the fifth most-selling NFT collection this week, recording a trading sales volume of 1,619 ETH, a market capitalization of $227 million and a floor price of $11,674.
6. DeGods NFT Collection
DeGods, an NFT collection from Dust Labs with 10,000 NFTs, is this week’s sixth most-selling NFT collection. It has a trading sales volume of 694 ETH, a market capitalization of $70 million and a floor price of $7,867.
7. Oh Ottie! NFT Collection
Oh Ottie!, a new NFT collection hosted on the Ethereum blockchain network, is this week’s seventh most-selling NFT collection. With a trading sales volume of 653 ETH, it has a market capitalization of $1.8 million and a floor price of $908.
8. AltLayer OG Badge NFT Collection
Featuring a limited supply of 1,000 NFTs, the AltLayer OG Badge is this week’s eighth most-selling NFT collection. It has a trading sales volume of 335 ETH, a market capitalization of $1.8 million and a floor price of $4,655.
9. TinFin NFT Collection
TinFin, another NFT collection hosted on the Ethereum blockchain, is this week’s ninth most-selling NFT collection with a trading sales volume of 326 ETH, a market capitalization of $18 million and a floor price of $1,846.
10. Matr1x 2061NFT Collection
Matr1x 2061, an NFT collection hosted on the Ethereum blockchain, closes our top-selling NFT list this week, amassing a trading sales volume of 263 ETH. The NFT collection has a market cap of $15 million and a floor price of $7,382.
Hot Take
NFT collections hosted on the Ethereum blockchain are leading the market rally, with some fetching impressive sales volumes, market capitalizations, and floor prices. If you’re considering investing in NFTs, these top-selling collections can give you a good idea of the current market trends, especially following the recent setback experienced by Bitcoin-based NFTs.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.