• 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

Robinhood Competes for SpaceX IPO Shares

chest

Robinhood Markets Inc is competing to secure a significant block of SpaceX shares for retail investors in a historic IPO.

user avatarFilippo Romano

Bitcoin Trading in Risk-Off Environment

chest

Bitcoin is trading in a confirmed risk-off environment with elevated market stress and caution signals.

user avatarEmily Carter

Gemini's Zcash Credit Card Promotes Financial Privacy

chest

Gemini's newly launched Zcash credit card enhances financial privacy while ensuring compliance with regulatory standards.

user avatarKaterina Papadopoulou

Gemini Launches Zcash Credit Card Offering Crypto Rewards

chest

Gemini has launched a Zcash-themed credit card that offers cryptocurrency rewards on purchases.

user avatarTomas Novak

BNB ETP Listing Enhances Market Stability and Investor Access

chest

The recent listing of the BNB ETP on Nasdaq Stockholm enhances price discovery and market stability for BNB, providing a compliant investment option for Swedish pension funds and retail investors.

user avatarLeo van der Veen

Virtune BNB ETP Achieves Landmark Listing on Nasdaq Stockholm

chest

Virtune has successfully listed a BNB-based Exchange-Traded Product on Nasdaq Stockholm, providing Nordic investors with regulated access to the BNB cryptocurrency.

user avatarMaya Lundqvist

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.