CandleFocus

NFT Market Highlights: CryptoPunks Dominate 24-Hour Volume at $461.8K

The NFT market remains volatile, with CryptoPunks emerging as the top-selling collection in terms of 24-hour trading volume. CryptoPunks solidified its standing as a blue chip NFT project with $461.8K in trading volume, with CryptoPunk #1587 being one of the largest trades at $103.1K. The Guild of Guardians set and Pudgy Penguins also showed strong performance, indicating diverse interest in the NFT market. OpenSea was the leading marketplace in terms of trading volume, with $4.77M in trades in the last 24 hours and 11.38K active traders. Other notable marketplaces include Blur and Magic Eden. The variety of approaches and engagement strategies on these platforms contribute to the popularity of the NFT market.

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