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Cryptocurrency News Articles

Pudgy Penguins Tops the NFT Market This Week as the Sector Experiences a Bull Run Fueled by Renewed Interest from NFT Traders

Dec 15, 2024 at 10:05 pm

The non-fungible token market is experiencing another fresh bull run fueled by renewed interest from NFT traders and a promising crypto-friendly regulation under United States President Donald Trump, among other global regimes. By description, a bull run is a period in the NFT market where floor prices keep on rising, creating an atmosphere of optimism and excitement.

The non-fungible token market is experiencing another fresh bull run fueled by renewed interest from NFT traders and a promising crypto-friendly regulation under United States President Donald Trump, among other global regimes. By description, a bull run is a period in the NFT market where floor prices keep on rising, creating an atmosphere of optimism and excitement.

Below, we have listed some of the top-selling NFTs this week:

1. Pudgy Penguins NFT Collection

Pudgy Penguins, a non-fungible token collection from the digital asset firm and a toy brand Igloo that features a limited supply of 8,888 NFTs created on the Ethereum blockchain network, is this week’s most-traded NFT collection in the NFT market. In the past 24 hours, the Pudgy Penguins NFT collection has recorded a trading sales volume of 4,394 ETH. The Penguins NFT collection has a market capitalization of $1.08 billion and a floor price of $122,535.

2. Lil Pudgy NFT Collection

Lil Pudgy, another non-fungible token collection from the digital asset firm and a toy brand Igloo that features a fixed edition of 22,222 NFTs created on the Ethereum blockchain network, is this week’s second most-traded NFT collection in the NFT market. In the past 24 hours, the Lil Pudgy NFT collection has amassed a trading sales volume of 1,618 ETH. The Lil Pudgy NFT collection has a market capitalization of $326 million and a floor price of $15,004.

3. Azuki Elementals NFT Collection

Azuki Elementals, a non-fungible token collection from the digital asset incubation studio Chiru Labs featuring a fixed set of 15,000 anime-themed NFTs created on the Ethereum blockchain network, is this week’s third most-traded NFT collection in the NFT market. In the past 24 hours, the Azuki Elementals NFT collection has raised a trading sales volume of 310 ETH. It has a market capitalization of $63 million and a floor price of $3,885.

4. Azuki NFT Collection

Azuki, the flagship non-fungible token collection from the digital asset firm Chiru Labs featuring a limited supply of 10,000 anime-themed NFTs created on the Ethereum blockchain network, is this week’s fourth most-traded NFT collection in the NFT market. In the past 24 hours, the Azuki NFT collection has raised a trading sales volume of 306 ETH. The Azuki NFT collection has a market capitalization of $344 million and a floor price of $34,433.

5. Pudgy Rods NFT Collection

Pudgy Rods, another non-fungible token collection from the digital asset firm and a toy brand Igloo that features a fixed set of 7,399 unique digital items created on the Ethereum blockchain network, is this week’s fifth most-selling NFT collection in the global NFT market. In the past 24 hours, the Pudgy Rods NFT collection has recorded a trading sales volume of 257 ETH. It has a market cap of $50 million and a floor price of $6,886.

6. Doodles NFT Collection

Doodles, a non-fungible token collection from a renowned digital artist, Burnt Toast featuring a limited edition of 10,000 NFTs hosted on the Ethereum blockchain network, is this week’s sixth most-traded NFT collection in the NFT market. In the past 24 hours, the Doodles NFT collection has raised a trading sales volume of 200 ETH. The Doodles NFT collection has a market cap of $160 million and a floor price of $16,073.

7. Gemesis NFT Collection

Gemesis, a non-fungible token collection from the popular NFT market platform OpenSea that features a limited edition of 94,755 NFTs hosted on the Ethereum blockchain network, is this week’s seventh most-selling NFT collection in the NFT market. In the past 24 hours, the Gemesis NFT collection has recorded a trading sales volume of $166 million. The Gemesis NFT series has a market capitalization of $18 million and a floor price of $192.

8. Mad Lads NFT Collection

Mad Lads, a non-fungible token collection from the Solana Infrastructure Development project Backpack that features a limited set of 10,000 NFTs hosted on the Solana blockchain network, is this week’s eighth most-traded NFT collection in the NFT market. In the past 24 hours, the NFT collection has recorded a trading sales volume of 2,805 SOL. It has a market capitalization of

News source:insidebitcoins.com

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Other articles published on Dec 16, 2024