• 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

Goldman Sachs Reports Exposure to XRP Trust Products

chest

Goldman Sachs has reported exposure to XRP trust vehicles in its SEC filings, indicating a regulated approach to crypto assets.

user avatarNguyen Van Long

BNB Chain Exceeds Solana in Tokenized Stock Trading Volume.

chest

BNB Chain has reached a tokenized stock trading volume of 52 billion, surpassing Solana in this market segment.

user avatarSatoshi Nakamura

Cardano Foundation Warns SPOs Against Passive Governance Abstention

chest

The Cardano Foundation warns Stake Pool Operators (SPOs) about the risks of automated abstention in governance, emphasizing the need for active participation to ensure effective governance during the Voltaire era.

user avatarJesper Sørensen

Arthur Hayes Questions Utility of Cardano and XRP

chest

Arthur Hayes questions the real-world transaction demand for Cardano and XRP, urging their communities to provide clearer evidence of utility.

user avatarRajesh Kumar

Analysts Predict XRP and BNB to Reach $100B Market Cap by Late 2026

chest

Analysts from Finbold predict XRP and BNB could reach a $100 billion market cap by late 2026, based on market developments and trader sentiment.

user avatarLucas Weissmann

Sharplink Acquires 10,000 ETH and Completes Share Buyback

chest

Sharplink has added 10,000 ETH to its treasury for around $16 million and completed a share buyback of over 21 million shares of SBET.

user avatarFilippo Romano

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.