Pudgy Penguins NFT Collection Tops the Charts This Week as the Non-fungible Token Market Experiences a Significant Decline

The non-fungible token market is indeed experiencing a significant decline across most metrics, with a significant drop in trading sales volume, trading activity, floor prices, and overall market capitalization, indicating a downturn in nearly every aspect of the NFT ecosystem. Nonetheless, traders are still considering investing in the NFT market.

Non-fungible token (NFT) traders are still considering investing in the NFT market despite the significant decline in the market.

According to CoinGecko, the non-fungible token market is still experiencing a downturn as most metrics continue to fall. In the past 24 hours, the NFT market has seen a significant drop in trading sales volume, trading activity, floor prices, and overall market capitalization.

However, traders are still showing interest in investing in the NFT market. Below, we have listed some of the top-selling NFTs this last week of February.

1. Pudgy Penguins NFT Collection

This week’s most-selling NFT collection in the global NFT market is Pudgy Penguins, a globally acknowledged non-fungible token collection from the digital asset incubation studio Igloo featuring a fixed edition of 8,888 penguin cartoon birds hosted on the Ethereum blockchain network. In the past 24 hours, the Pudgy Penguins NFT collection has recorded a trading sales volume of $734,798.

The Pudgy Penguins NFT collection has a market cap of $172 million and a floor price of $19,386.

2. Ordinal Maxi Biz NFT Collection

Coming in second is Ordinal Maxi Biz (OMB), a non-fungible token collection featuring a limited edition of 5,141 Profile Picture (PFP) images inscribed on the Bitcoin blockchain. In the past 24 hours, the Ordinal Maxi Biz NFT collection has amassed a trading sales volume of $579,538. It has a market capitalization of over $13 million and a floor price of $2,552.

3. Doodles NFT Collection

Third on the list is Doodles, a non-fungible token collection from the digital artist Burnt Toast that features a fixed set of 10,000 cartoons NFTs hosted on the Ethereum blockchain network. In the past 24 hours, the Doodles NFT collection has raised a trading sales volume of $474,774. The Doodles NFT collection has a market cap of $67 million and a floor price of $6,739.

4. Milady Maker NFT Collection

Next up is Milady Maker, a renowned non-fungible token collection from the digital asset firm Remilia featuring a fixed supply of 10,000 NFTs hosted on the Ethereum blockchain network. In the past 24 hours, the Milady Maker NFT collection has recorded a trading sales volume of $424,789. The Milady Maker NFT collection has a market capitalization of $79 million and a floor price of $7,991.

5. Kaito Genesis NFT Collection

This week’s fifth most-selling NFT collection in the global NFT market is Kaito Genesis, a non-fungible token collection from Kaito AI, an AI-powered web3 information platform designed to aggregate and distill scattered crypto data into instant insights, that features a limited edition of 1,500 unique digital items living on the Ethereum blockchain network. In the past 24 hours, the NFT collection has raised a trading sales volume of $326,361. Kaito Genesis has a market capitalization of $9 million and a floor price of $6,276.

6. Azuki NFT collection

Azuki, a renowned non-fungible token collection from the digital asset firm Chiru Labs featuring a limited edition of 10,000 anime-themed NFTs hosted on the Ethereum blockchain network, is this week’s sixth most-selling NFT collection in the global NFT market. In the past 24 hours, the Azuki NFT collection has raised a trading sales volume of $265,298. The Azuki NFT collection has a market capitalization of $57 million and a floor price of $5,792.

7. Lil Pudgy NFT Collection

Another non-fungible token collection from the digital asset Igloo Inc. is this week’s seventh most-selling NFT collection in the global NFT market. The Lil Pudgy NFT collection saw a trading sales volume of $252,390. The Lil Pudgy NFT collection has a market capitalization of $43 million and a floor price of $2,008.

8. Bored Ape Yacht Club NFT Collection

This week’s eighth most-selling NFT collection in the global NFT market is Bored Ape Yacht Club, a globally acknowledged non-fungible token collection from the digital asset incubation studio Yuga Labs featuring a fixed set of 10,000 NFT collectibles hosted on the Ethereum blockchain network. In the past 24 hours, the Bored Ape Yacht Club NFT collection has raised a trading sales volume of $244,057. Bored Ape NFT collection has a market capitalization of $276 million and a floor