• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Prices of popular NFTs have dropped significantly

Prices of popular NFTs have dropped significantly

user avatar

by Eve Adams

2 years ago


The NFT market is experiencing significant changes in the prices of leading collections. Researchers at NFTGo published an infographic showing that over the past 7 days, only one digital collection showed positive dynamics – Milady Maker. The minimum price of non-fungible tokens increased by approximately 12%.

Among popular digital art items, the biggest decline was observed in Lil Pudgys, with a drop of nearly 20%. Following this were Bored Ape Yacht Club (BAYC) and Pudgy Penguins, each showing a decline of around 15%. CryptoPunks and Azuki also experienced price drops, losing around 10%. Additionally, the prices of Mutant Ape Yacht Club (MAYC), Captainz, Mocaverse, and Chromie Squiggle also fell.

The fluctuations are occurring against the backdrop of declining trading volumes in the NFT market. Many experts attribute this to the overall uncertainty in the cryptocurrency industry and a shift in investor sentiment to negative. Despite this, interest in some collections remains high, allowing them to maintain leading positions.

Milady Maker — a collection of digital art inspired by the aesthetics of fashion icons and subcultures. The unique style and high-quality execution have made the collection popular among collectors and investors.

CryptoPunks — one of the first and most well-known NFT collections, consisting of a series of 10,000 unique digital characters, each with its own characteristics and rarity. The collection has become a symbol of the beginning of the NFT era and retains its value due to its historical significance and rarity.

Bored Ape Yacht Club (BAYC) — a collection also consisting of 10,000 unique drawn apes, providing their owners access to an exclusive club, virtual events, and other privileges. BAYC quickly became one of the most recognizable and prestigious NFT collections.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

XRP Faces Key Resistance Levels Ahead

chest

XRP price is approaching significant resistance levels that could impact future movements.

user avatarJesper Sørensen

XRP Price Demonstrates Robust Ascending Trend.

chest

XRP price shows strong upward momentum, consolidating gains and aiming for higher levels.

user avatarRajesh Kumar

Bitcoin Price Sees Fresh Increase Above 64,500

chest

Bitcoin price has started a fresh increase, clearing the 64,500 zone and showing potential for further gains.

user avatarLucas Weissmann

Liberland Congress Removes Secretary of Technology Amid Controversy

chest

The Congress of Liberland has voted to remove Dorian Stern Vukoti from his role as Secretary of Technology due to serious allegations including the removal of multisig protections and unauthorized actions.

user avatarFilippo Romano

Bitcoin ETFs See Major Inflows After Nearly a Month

chest

Bitcoin ETFs have recorded their first major net inflow in almost a month, attracting a total of $859 million in capital yesterday.

user avatarEmily Carter

SBF's Appeal Rejected by Second Circuit Court

chest

Sam Bankman-Fried's appeal for a new trial in the FTX fraud case was denied by the Second US Circuit Court of Appeals, upholding his convictions and limiting his legal options.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.