NFT sales fell 44% as crypto dipped, memecoins steal mind share in Q2
Several PolitiFi and animal-themed memecoins continued to soar in the second quarter despite the broader market downfall, which NFTs were a part of.
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Several PolitiFi and animal-themed memecoins continued to soar in the second quarter despite the broader market downfall, which NFTs were a part of.
BitPinas revisits the most iconic NFT collections of the 2021 bull runincluding CryptoPunks, BAYC, Azuki, and moreand compares their peak values to current prices in 2025.
The slump in the broader crypto market seems to also be affecting the NFT market, as sales volume for NFTs dropped by 4.38% in the last seven days to $93.6 million. Data from leading NFT analytics platform CryptoSlam showed a further decline in NFT sales volume from the previous week’s drop to $102.8 million. Sharp […]
Yuga Labs, known for Bored Ape Yacht Club, has agreed to acquire Roar Studios, enhancing its metaverse vision. (Read More)
In a March 30 blog post, The Avalanche Foundation announced the launch of Avaissance, an initiative designed to support digital artists and boost the growth of the Avalanche nonfungible token (NFT) ecosystem. Avaissance has two main components, an Artist in Resident program (AIR) for over 50 artists and the Mona Lisa Initiative (MLI) to curate [...]
The post Avalanche launches initiative for digital artists, NFT creator protests Sotheby’s gender bias, and more appeared first on Crypto Breaking News.
Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 million recorded in March. NFT Sales Decline by 5.76% in April, Ethereum Dominates, [...]
The post NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023 appeared first on Crypto Breaking News.
An anonymous buyer purchased a rare CryptoPunks NFT for more than $16 million worth of ETH.
Explore the influential role of Yuga Labs in shaping the NFT landscape with its array of popular collections like BAYC and Cryptopunks (Read More)
As per ScarletBox’s team, they will provide a full-service concierge to guide collectors, especially the first time NFT owners.
The post Filipino National Artist Larry Alcala NFTs Now Available Using GCash, GCrypto appeared first on BitPinas.
This publication’s decision to auction off its magazine covers as Ordinal inscriptions sparked debate about how we should use Bitcoin.
In a failed experiment, a CryptoPunk NFT owner sent his NFT valued at $130K to a burn address.
NFT collector Brandon Riley accidentally sent a CryptoPunk to a burn address while attempting to borrow money against the asset. (Read More)
A CryptoPunks non-fungible token (NFT) with a market value of 77 Ether was delivered to a burn address. But, the
NFT collector accidentally sends a CryptoPunk NFT worth 77 ETH to a burn address, intending to borrow money against it to buy another NFT. (Read More)
Yuga Labs plans to publish a CryptoPunks book to celebrate the project’s sixth birthday.
Over the past week, statistics show non-fungible token (NFT) sales totaled $193.08 million, down 5.44% from the previous week. Ethereum dominated NFT sales with more than $107 million or 55% of all sales, while Solana-centric NFT sales recorded $26.3 million or 13% of sales in the same period. NFT Market Shows Signs of Slowdown With [...]
The post NFT Sales Drop 5.4% to $193M, Ethereum Dominates with $107M in Sales: Weekly Recap appeared first on Crypto Breaking News.
CryptoPunks, which launched six years ago and sparked the NFT art trend while also serving as a blueprint for several
The Bored Ape Yacht Club (BAYC), a prominent non-fungible token (NFT) collection, has been experiencing a decline in its dominance. In the past 90 days, the minimum value of BAYC NFTs has plummeted from 64 ETH to just above 37 ETH. Furthermore, the floor value of the Cryptopunks NFT collection has been higher than BAYC’s [...]
The post Bored Ape Yacht Club’s Market Reign Crumbles as Rivals Take Center Stage appeared first on Crypto Breaking News.
Ecoterra is a blockchain-based company that encourages individuals and businesses to recycle through tokenized rewards. Ecoterra is holding its first ICO, organising phase one of [...]
The NFT market has experienced a significant slowdown in recent weeks, with demand and prices dropping for collections like Bored Apes and CryptoPunks. Learn about the possible factors behind this decline and discover strategies for collectors to make informed decisions in this evolving market.
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