The global non-fungible token (NFT) market experienced another downturn in August 2024, marked by plummeting sales and floor prices, leading to reduced participation from collectors and investors. Despite a 40% dip in August, some NFTs managed to increase their floor prices by more than 20% from the previous month. Here are the top ten NFT gainers of August 2024.
Top 10 Leading NFT Collections
- Rare Pepe by Matt Furie: This collection of 103 NFTs on Ethereum saw its floor price increase by 931% to 100 ETH.
- Gazers by Matt Kane: This collection mimicking lunar calendar nuances increased its floor price by 140% to 10.90 ETH.
- DeGods (Ethereum): This 4,839 NFTs collection on Ethereum saw its floor price rise by 122% to 1.56 ETH.
- DeGods (Solana): This 4,615 NFTs collection on Solana saw its floor price surge by 119% to 28.50 SOL.
- Mutant Ape Yacht Club: This collection of 20,000 NFTs on Ethereum saw its floor price increase by 36% to 2.04 ETH.
- Bored Ape Yacht Club: This collection of 10,000 NFTs on Ethereum saw its floor price increase by 33% to 12.40 ETH.
- Azuki: This collection of 10,000 NFTs on Ethereum saw its floor price increase by 28% to 4.88 ETH.
- Pudgy Penguins: This collection of 8,888 NFTs on Ethereum saw its floor price increase by 24% to 10.68 ETH.
- CryptoPunks: This collection of 10,000 NFTs on Ethereum saw its floor price increase by 22% to 26.95 ETH.
- Lil Pudgys: This collection of 22,222 NFTs on Ethereum saw its floor price increase by 34% to 0.90 ETH.
Key Takeaways
August 2024 highlighted the volatility of the NFT market. Despite the overall decline, some collections experienced significant price surges, emphasizing the diversity and potential of this digital asset segment.
The NFT market in August 2024 once again showed its volatility. However, several collections exhibited impressive growth, indicating ongoing interest and potential in this digital asset sector.
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