The NFT market continues to show dynamic movement, with collections experiencing varying price changes over the last 24 hours. The latest data from CoinGecko has placed the top NFT collections ranked by trading volumes, showcasing significant fluctuations in prices, market cap, and overall sales. Despite minor dips in trading activity for some collections, others have shown notable growth.
Pudgy Penguins Lead
Pudgy Penguins have emerged as a strong performer in the NFT market, with a floor price of 10.40 ETH, approximately $27,438. The collection has seen a 9.7% increase in the last 24 hours, a sign of healthy demand despite a slight decrease of 0.3% in the number of owners.
The collection maintains a market cap of 92,453 ETH, translating to $243,872,016, with a substantial 24-hour trading volume of 686.16 ETH, valued at $1,809,962. While the number of sales reached 70, the slight drop in owners suggests that some may be offloading their NFTs, though the overall trading interest remains robust.
BAYC Maintains Strong Position
The Bored Ape Yacht Club (BAYC) continues to command a strong presence in the NFT landscape, though its floor price has dipped slightly by 1%, settling at 12.65 ETH or $33,365. Despite this minor decline, CoinGecko has placed the collection’s market cap at 126,465 ETH, equivalent to $333,587,982.
Over the past 24 hours, the club recorded a trading volume of 538 ETH, or $1,419,128, alongside 41 sales. The number of owners has risen by 0.2%, reflecting sustained interest in this prestigious collection, even amid fluctuations in floor price.
MAYC Experiences Notable Growth
In contrast, the Mutant Ape Yacht Club (MAYC) has shown impressive growth over the past day, with its floor price jumping by 14.1%, bringing it to 2.27 ETH, roughly $5,987.80. CoinGecko has placed the collection’s market cap at 44,256 ETH, or $116,738,053, alongside 147 sales in 24 hours, generating a trading volume of 325.83 ETH, valued at $859,462. The rise in both sales and new owners by 0.1% indicates that interest in Mutant Ape Yacht Club remains on the rise, with traders keen on acquiring assets from this growing collection.
CryptoPunks and Milady Maker
While CryptoPunks saw a sharp floor price decline of 6.1%, dropping to 27.65 ETH, it still holds a dominant position in terms of market cap. This trend reflects ongoing volatility in established collections. In contrast, Milady Maker experienced modest growth, with a 1.8% increase in floor price to 4.05 ETH, backed by a trading volume of 116.09 ETH. The slight rise in ownership (+0.1%) suggests that Milady Maker continues to attract interest, even as more prominent collections experience temporary setbacks.
Solana Tops NFT Royalties: A $2M Blockchain Powerhouse
Ultimately, the NFT market cap stands at $68.68 billion, marking a 2.2% increase, indicating sustained growth across the sector. However, daily trading volume declined slightly by 1.5%, reaching $12.34 million. Prominent collections saw mixed performances.
