• 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

Avalanche Facilitates $50 Million Tokenized Loan Obligation

chest

Avalanche has successfully facilitated a $50 million tokenized collateralized loan obligation (CLO) as part of its strategy to enhance real-world utility.

user avatarElias Mukuru

Technical Dynamics of Cosmos and Aptos Indicate Strong Market Stability

chest

Cosmos (ATOM) and Aptos (APT) are currently displaying exceptional structural stability as they trade near key support zones.

user avatarGustavo Mendoza

Altcoins Cosmos, Aptos, Ondo, Story, and Arbitrum Show Potential for 70% Gains

chest

Several altcoins, including Cosmos, Aptos, Ondo, Story, and Arbitrum, are currently trading near key technical levels, indicating potential for significant short-term gains.

user avatarDiego Alvarez

Hyperliquid Gains Traction Among Traders

chest

Hyperliquid is gaining popularity among traders due to low fees and high trading volume, with its HYPE token attracting attention after being added to Grayscale's investment list.

user avatarMaria Fernandez

Ondo, Story, and Arbitrum Exhibit Structured Market Patterns

chest

Ondo, Story, and Arbitrum are currently trading within clearly defined ranges that reflect phenomenal market discipline.

user avatarKenji Takahashi

2026 Cryptocurrency Forecast Amidst Historical Patterns

chest

Historical patterns suggest challenging times for cryptocurrencies leading up to the November midterm elections, but current conditions differ significantly.

user avatarLuis Flores

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.