Solana’s Mimay leads NFTs as Bitcoin and crypto market plunges

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Mimany led the non-fungible tokens (NFTs) daily sales chart on Sunday as the cryptocurrency market capitalization fell below US$2 trillion for the first time since February.

The Solana-based collection had a daily sales performance of US$741,214, according to CryptoSlam data.

But SOL, the Solana network’s native cryptocurrency bled about 30% of its value over the past week, with Bitcoin falling below US$50,000 for the first time since February, CoinGecko data shows.

Bitcoin traded at US$54,363 as of 11:30 a.m. ET on Monday.

The crypto market sell-off comes amid a historic stock market crash in Japan, where its benchmark Nikkei 225 Index closed down 12.4%. Its 4,451.28 points drop is the largest single-day points loss ever.

On the Ethereum network, Pudgy Penguins came in as the day’s second-ranking NFT collection with a daily sales total of US$642,585.

Ether, the network’s native cryptocurrency was also…

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