Pudgy Penguin goes for almost $494k

In line with the newest information from CryptoSlam, the NFT market has proven energy amid crypto market volatility.

The entire gross sales quantity has reaches $302.2 million – a exceptional improve of 32.93%. This can be a marked spike from final week’s $224 million in gross sales.

This improve was accompanied by progress in market participation. The market statistics present sturdy progress on all key indicators:

• The variety of NFT patrons nearly doubled with a 92.39% improve to 349,972
• NFT sellers grew considerably by 77.18% to 207,672
• NFT transactions have proven wholesome progress of seven.28% to 1,651,950

Ethereum’s dominance is rising stronger

The Ethereum (ETH) NFT blockchain has proven sturdy efficiency, with gross sales quantity rising to $199.9 million. This is a rise of 73.56% within the final seven days.

The community has attracted 44,220 patrons, representing a progress of 39.73%.

Notably, wash buying and selling greater than doubled with a 122.67% improve to $105.1 million, indicating elevated market exercise.

Bitcoin’s (BTC) NFT ecosystem is in second place, down 23%, with a gross sales quantity of $39.7 million. Nevertheless, the community is displaying respectable progress in consumer engagement with 38,987 patrons.

Solana (SOL) has strengthened its third place with revenues of $29.9 million, displaying a modest improve of 5.14%. The community continues to indicate sturdy consumer participation with 104,958 patrons, representing a rise of 108.45%.

Mythos Chain (MYTH) maintained fourth place with $10.8 million in income, whereas ImmutableX (IMX) and Polygon (POL) rounded out the highest spots with $6.9 million and $4.8 million, respectively.

Pudgy Penguins led the historic rally

Pudgy Penguins practically doubled its income to $53.9 million, up 90%. The enlargement of their ecosystem has been accompanied by main progress in each transactions (104% improve) and distinctive patrons (81% improve).

LilPudgys is in second place with income of $19.4 million, a rise of 53.57%.

Azuki ranks third with income of $16.9 million, displaying a progress of 108.19%.

Doodles entered the highest 5 with $13.4 million in income, representing 226.08% progress, whereas BRC-20 NFTs spherical out the highest 5 with $9.2 million in income.

Notable particular person gross sales this week embrace:

• Pudgy Penguins #4611 bought for $493,925 (125 ETH)
• CryptoPunks #6036 bought for $444,019 (110 ETH)
• Pudgy Penguins #7891 bought for $395,140 (100 ETH)
• Azuki #6872 bought for $380,659 (108 ETH)
• Azuki #6536 bought for $372,866 (95.4774 ETH)

Bitcoin is at present buying and selling round $97,450.

Ethereum additionally bounced again to $3,400 from the current low of $3,098. It’s at present buying and selling round $3,403.48. The worldwide cryptocurrency market cap at present stands at $3.41 trillion, down from final week’s $3.63 trillion.