A new non-fungible token collection was launched by CoinGecko to celebrate the ten years gone since the company's establishment. This NFT collection features a fixed supply of 50,000 NFTs and will be airdropped to mobile app users who have updated to the latest version. The minting process for these NFTs began on April 24 and will run until May 1, 2024.

The creators of CoinGecko, TM Lee and Bobby Ong, established the on-chain cryptocurrency and NFT explorer in 2024. The objective behind their creation was to democratize access to crypto data and provide users with valuable insights. TM Lee stands as the CEO of the company, while Bobby Ong serves as the COO.

Throughout the past decade, CoinGecko.com has emerged as one of the most prominent independent aggregators of crypto and NFT data worldwide. The platform currently tracks over 14,000 crypto assets listed on more than 1,000 global exchanges. Recognized for its impartiality and dependability, CoinGecko's data has been referenced in various leading crypto media platforms, including InsideBitcoins.com.

The Current State of the NFT Market

Today, the non-fungible token market displays fluctuations with both green and red candles. The Bored Ape Yacht Club from Yuga Labs, an NFT collection featuring 10,000 unique pieces, currently leads the market. Over the past 24 hours, this collection has recorded a trading volume of 1,079 ETH.

Another promising NFT collection is the Pudgy Penguins from the toy brand Pudgy Penguins, which consists of 8,888 NFTs. It has maintained a trading sales volume of 930 ETH in the previous 24 hours, with a market cap of $320 million and a floor price of 11.35 ETH.

Additionally, the Mutant Ape Yacht Club, a limited collection from Yuga Labs featuring 20,000 NFTs, has also shown positive growth. With a sales volume of 630 ETH in the past 24 hours, this collection has a market capitalization of $162 million and a floor price of 2.62 ETH.

Noteworthy NFT Updates:

• Recent data shows an 18% decline in NFT sales - Industry insiders speculate on market trends for the upcoming week.
• Chiru Labs, the developer behind the Azuki NFTs, is seeking individuals knowledgeable about the NFT space for collaboration.
• NFT sales volume has surged by 70% today, following the sale of a CryptoPunk for over $12 million.

Source: The Bit Times