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NFT Market Rises 33% to $302 Million: Pudgy Penguins Lead the Rally

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by A1

11 hours ago


According to the latest data from CryptoSlam, the NFT market has shown strength amid crypto market volatility. The total sales volume reached $302.2 million, marking a 32.93% increase from last week.

Ethereum Dominance Strengthens

The Ethereum blockchain has shown strong performance, with sales volume surging to $199.9 million, a 73.56% increase over the last seven days. The growth in buyers by 39.73% illustrates the attraction of new participants.

Pudgy Penguins Sales and Impact

Pudgy Penguins nearly doubled their sales to $53.9 million, representing a 90% increase. The ecosystem saw growth in both transactions and unique buyers.

Key Deals of the Week

Notable deals this week include Pudgy Penguins #4611 sold for $493,925 and CryptoPunks #6036 for $444,019, showcasing high activity in the NFT market.

The growth in NFT sales and the increase in participants highlight positive trends in this segment amid the overall volatility of the crypto market.

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