cyrpto drop, NFT, Penguins, Pudgy, sales, soar, week Mark February 1, 2025 0 Comments

NFT sales drop but Pudgy Penguins sales soar 39% in a week

The NFT market fell alongside the weakness of wider cryptography, Bitcoin falling at $ 101,000 and Ethereum falling to $ 3,200.

The latest CoinmarketCap data show that the overall market capitalization of cryptography has dropped to 3.5 billion dollars compared to 3.58 dollars of last week.

According to Cryptoslam Data, the NFT sales volume fell 29.45% to $ 138 million this week. Despite the drop in total sales, market participation has increased, with more traders in space.

Weekly measures tell a mixed story:

NFT sales volume fell to $ 137.9 million, compared to $ 198.1 million
NFT buyers increased by 31.92% to 589,960
NFT sellers increased by 33.23% to 425 135
Transactions decreased by 4.35% to 1,412,615

Tassement of sales of Ethereum NFT, rise in sales of the mythos chain

Ethereum (Ethn)) NFT sales fell 40.35% to $ 67.9 million, although the number of buyers increased by 20.59% to 58,632. Washing trading dropped by 57.40% $ 28.8 million.
Bitcoin (BTC) NFTS saw a drop of 32.45% to $ 17.4 million, while buyers’ participation increased by 35.12% to 46,714.
The mythos channel jumped in third place with $ 13.6 million, up 4.13%.
Solana (GROUND) fell into fourth row with $ 12.4 million, down 39.21%.
Polygon (Police) entered the first five with $ 8.1 million, having an increase of 85.18%.

NFT sales fall to $ 138 million, sales of penguins Grassouilles skyrocketing 39% over the week - 1 — Source: Blockchains by nft Sales Volume (cryptoslam)

NFT collections show mixed results

Grassinian penguins took the lead with $ 13.9 million in sales, up 38.49%. Their increase brought more activity, transactions increasing 106.21% and buyers increased by 20.80%.

Dmarket held second place with $ 8.5 million, increasing 7.30% and now a high volume with 307,776 transactions. Azuki fell third with $ 7.3 million, down 74.73%.

Courtyard, a new participant on Polygon, claimed fourth place with $ 7.2 million, increasing by 155.57%. Cryptopunks completed the first five with $ 5.7 million, down 31.19%.

The best sales of this week included: