DX Terminal and Pudgy Penguins are hot despite the overall coolness of the NFT (non-fungible token) market.
Summary
- NFT sales dropped 34% to $169.7M, but transactions rose by 1.99% to 1,920,271.
- DX Terminal topped collections with $13M in sales, up over 50% this week.
- Ethereum led with $86M NFT sales, though buyers fell more than 80% overall.
According to CryptoSlam data, NFT sales volume has dropped by 33.56% to $169.7 million, down from last week’s $256.9 million.
The pullback has been more severe for market participants, with NFT buyers plummeting by 75.68% to 168,946 and sellers falling by 73.94% to 152,283. Specific NFT collections (i.e. DX Terminal and Pudgy Penguins) bucked the trend.
Bitcoin’s (BTC) price has retreated to the $112,000 level following last week’s rally. Ethereum (ETH) has also pulled back to $3,700 from its recent highs. The…
