crypto news

The maximum NFT market decreases $ 1.2 billion with a decrease in ether; Penguins exceed monkeys star-news.press/wp

The NFT is the NFT market (NFT) has lost more than $ 1.2 billion in less than a week with the slowing of the ETHER Rally, according to the sector’s data.

On Monday, NFT price data Show The total evaluation of NFT groups has decreased to 8.1 billion dollars, a 12 % decrease from the maximum NFT market on Wednesday 9.3 billion dollars, which increased 40 % since July.

NFTS coincided with a loss of $ 1.2 billion in evaluation in less than a week with a decrease in 9 % in ether prices (ETH). At the time of writing this report, CointeleGRAP data showed ETH trading of $ 4,260, a decrease from an increase of about $ 4,700 on Wednesday.

Many NFTS are retracted on Ethereum. With ETH rated assessments and sales, bullish or declining momentum of encryption assets is often translated into an increased value or a decrease in the NFT sector. With the ETH decreased by 4 % in the past 24 hours, most of the top ten groups have also shown a decrease in value.

Best 10 NFTS depending on the market value. Source: NFT price floor

The maximum NFT market decreases by more than 12 % with a decrease

Although it is still the first group according to the market value, Cryptopungs has seen about 300 million dollars eliminated from the group value.

At the time of this report, the data showed that it was valued at $ 2.1 billion, a decrease of 12 % of the maximum market 2.4 billion on Wednesday.

Encryption Show Group sales volume reached $ 12.7 million, a decrease of 34 % in the past seven days. The total sales reached only 51, a decrease of 28 % last week.

The yacht club, bored (Bayc), which ranked second in the total NFT Marketlization on Wednesday, fell to third on Monday, where the group fell to 482.3 million dollars.

This represents a decrease of approximately 20 % from $ 602 million on Wednesday.

Related to: NFT sales to $ 574 million in July, the second higher in 2025

Penguin exceeds monkeys in the market value

Meanwhile, the penguins rose to the second highest rating despite erasing about $ 100 million in the total value.

On Monday, the group’s market value reached $ 491 million, a decrease of 17 % from 591 million dollars on Wednesday.

Last week, Blockchain Company, which was publicly circulated Add Three Penguins NFTS to the Treasury Ministry of Digital Assets for Corporates.

This showed that companies have started to recognize blue NFT groups as legitimate assets to diversify the cabinet.

https://www.youtube.com/watch?

magazine: Jack Potcher is not a fan of royalties NFT:

https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2025-01/019420fe-605a-7804-9ba9-e067af6cc201

2025-08-18 08:55:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button