NFT sales drop 5.4% to $79m, Pudgy Penguins plunge 36%

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NFT sales fell 5.41% this week to $79.31 million, down from $84.44 million last week. Surprisingly, the number of buyers surged nearly 1,000%, highlighting a growing audience even as total sales slipped.

Algebra Positions NFT-V2 led the pack with $7.81 million in sales, while Pudgy Penguins tumbled 37% to $2.79 million.

Buyer and Seller Activity

  • Buyers: 222,294 (up 989.6%)
  • Sellers: 189,963 (up 714.8%)
  • Transactions: 1,097,565 (down 20.9%)

Despite the drop in total volume, NFT activity is showing more participation and engagement than ever.

Top NFT Collections

  1. Algebra Positions NFT-V2 (Ethereum) – $7.81M, 742 transactions, 199 buyers
  2. DMarket (Mythos) – $6.67M, down 3.77%, 241,552 transactions
  3. Pudgy Penguins (Ethereum) – $2.79M, down 36.87%, 144 transactions
  4. Guild of Guardians Heroes (Immutable-Zk) – $2.37M, down 6.19%
  5. Courtyard (Polygon) – $2.24M, down 23.20%
  6. Panini America (Panini Blockchain) – $2.23M, up 393.51%
  7. CryptoPunks (Ethereum) – $1.95M, down 40.95%

Top NFT Blockchains

  • Ethereum: $33.71M in sales, up 4.68%, 21,514 buyers
  • BNB Chain: $8.66M, up 28.21%, 13,940 buyers
  • Bitcoin: $8.18M, down 15.56%, 6,486 buyers
  • Mythos Chain: $6.84M, down 3.49%, 20,798 buyers
  • Solana: $5.50M, up 12.27%, 15,651 buyers
  • Immutable: $4.19M, down 2.98%, 2,596 buyers
  • Polygon: $3.26M, down 28.77%, 35,085 buyers

Ethereum and BNB Chain remain dominant leaders, while Bitcoin, Polygon, and other chains saw declines.

Top Individual NFT Sales

  • Autoglyphs #141 – $199,135 (56 WETH)
  • Two V1 Cryptopunks Wrapped #7139 – $196,267 and $194,923 (57 WETH each)
  • CryptoPunks #6207 – $152,619 (43.99 ETH)
  • CryptoPunks #4427 – $131,430 (36.9 ETH)

Market Context

The sales drop coincided with a Bitcoin price slump to around $96,000 and Ethereum losing the $3,200 level. Overall, the global crypto market cap declined to $3.26 trillion from $3.48 trillion last week.

Even with lower sales, NFT interest is growing, as new buyers flood the market and participate in collections across Ethereum, BNB Chain, and emerging chains like Mythos.

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