The Top-Selling NFTs of the Week
The non-fungible token (NFT) market has remained strong despite recent downturns. Here are the top-selling NFTs from the second week of July:
- CryptoPunks NFTs: Owned by Yuga Labs, this collection has a trading sales volume of 595 ETH in the past 24 hours.
- Fatzuki NFTs: This derivative project has attracted a sales volume of 105 ETH and has seen a 70% drop in price.
- Parallel Avatars NFTs: With a sales volume of 101 ETH, this collection shows potential for growth.
- Mutant Ape Yacht Club NFTs: This collection has recorded a trading sales volume of 97 ETH and has a market cap of $243 million.
- Bitch Better Have My Money NFTs: Created by Rihanna, this collection has a trading sales volume of 90 ETH.
Despite the downturn, Wall Street Memes is a new NFT project backed by Elon Musk that is gaining traction.
Hot Take: NFT Market Resilience
Despite the recent downturn in the NFT market, many NFTs have shown resilience and maintained their value. The top-selling NFTs of the week continue to attract significant trading volume, indicating a strong demand for these digital assets. This demonstrates the potential of NFTs to defy market trends and provide opportunities for investors. As the market evolves, it will be interesting to see how NFT projects adapt and innovate to attract even more attention and investment.
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.
