NFT Market Heats Up Again: Pudgy Penguins, Mad Lads, and CryptoPunks Lead the Charge

NFTs created a buzz in 2021, but the market quickly cooled down, leading to much controversy and reflection.

Original Title: "NFT Market Cap of Top 10 Projects Surges by $2.5B in 30 Days"

Author: OurNetwork

Our compilation: Deep Tide TechFlow

Comments from the editorial team:

In 2021, NFTs attracted widespread attention, but the market also experienced a rapid downturn, sparking heated discussions and self-examination within the industry. Following the use of the Bored Ape image on its cover, Rolling Stone also published an article asserting that NFTs are worthless.

However, to everyone's surprise, certain segments of the NFT market have remained active. According to the data, as of December 16, the market capitalization of the top 10 NFT projects has increased by $2.5 billion over the past 30 days, suggesting new developments in the market.

NFT Price Floor

Recently, the NFT market has seen strong activity, with Pudgy Penguins and Lil Pudgys holders earning an average of approximately $58,000 and $6,000, respectively, from the PENGU project. At present, the PENGU project is valued at $2.7 billion. Meanwhile, Miladys has launched an ecosystem token, and Azukis is also widely rumored to be preparing to introduce a similar token reward mechanism.

As the broader ecosystem continues to explore and experiment with tokens, it presents an opportune moment to revisit the on-chain data for this domain, which many had written off earlier this year. Let's take a closer look.

NFTs

Pudgy Penguins | Mad Lads | CryptoPunks

Diario | Dashboard

Anticipation Builds for PENGU, ANIME, and Opensea Token Airdrops as NFT Total Market Cap Nears $11B

NFT Price Floor

NFT Price Floor

NFT Price Floor

Pudgy Penguins

Maus | Website | Dashboard

Floor Price of Pudgy Penguins Surges Past 30 ETH, Drops to 16 ETH Following Airdrop

Dune - @mausefalle

Dune - @mausefalle

Dune - @mausefalle

Mad Lads

h4wk | Website | Dashboard

Floor Price of Mad Lads Accounts for About 15% of Solana NFT Market, Currently at 66 SOL (Around $15,000) as Market Share Grows by 10%

Flipside - @h4wk

Flipside - @h4wk

Flipside - @h4wk

Crypto Punks

Diego Cabral | Website | Dashboard

Revealed: 65% of CryptoPunks Holders Have Been Loyal for Over Two Years During the NFT Bear Market

Dune - @denze

Dune - @denze

Dune - @denze

Dune - @denze