Over the past 24 hours, there has been notable trading volume on the NFT market, where Azuki topped the list with a trading volume of $2.51 million. Azuki has received widespread praise for its anime-esque art style and large and passionate fan base, and it also sold 66 NFTs. Such an increase proves that the demand for top-quality digital assets continues to determine the success of the collection.
#NFT MARKET OVERVIEW
TOP COLLECTION #Azuki – 24H volume $2.51 million… pic.twitter.com/sqLupKjNrZ
– PHOENIX – Crypto News & Analysis (@pnxgrp) December 23, 2024
Pudgy Penguins takes second place with $1.91 million
Pudgy Penguins, with cute graphics and an emphasis on community aspects or values, was in second place with a trading volume of $1.91 million. This achievement came from 32 sales and demonstrates the continued demand for items that touch people and foster a sense of belonging within this collector’s community.
Top Collections Besides Azuki and Pudgy Penguins
Doodles V4 has certainly made a mark in the trading world with a trading volume of $1.11 million and 52 sales, proving that Doodles is as energetic and creative as ever. This was followed by Azuki Elementals, a separate drop from the primary Azuki NFT collection, which saw $838.61K in trading volume and 150 total sales.
Gaming-specific NFTs also rose, with Guild of Guardians leading in volume with $621.21K in trading volume from 636 sales. Such collections reflect the increasing interaction between blockchain games and NFTs.
Other blue chip categories also continued to deliver impressive performances. CryptoPunks is a popular collection in the high-end segment as it has achieved four buys and sells worth $589.65K. The exclusive Bored Ape Yacht Club (BAYC) collection sold 10 tokens worth $603.44K.
Gaming and community-driven NFTs shine
Other collections such as Lil Pudgys were more active with a trading volume of $488,330 from 9170 items sold. Similarly, BEANZ Official, part of the Azuki ecosystem, achieved $419,890 in trading volume and 164 sales, indicating the overall success of community-driven projects.
Based on the blockchain, a trading card game called Gods Unchained made 77 transactions and collected $480,970, demonstrating the importance of gaming in the NFT market.
High-quality sales led by CryptoPunks
CryptoPunks remained at the top of this segment of the NFT market. The biggest sale of the day was CryptoPunk 6797, which made a total sale of $160,430. These were then followed by CryptoPunks 5792 and 4130, each trading at $155,600 and $138,700.
Pudgy Penguins is also included in this category, and Pudgy Penguin #8726 sold for $80,960, indicating an increasing demand for investment in this community collection.
Marketplace activity: OpenSea leads the pack
OpenSea remained the most dominant NFT marketplace, selling $12.08 million worth of tokens with 14,820 active traders. Its diversified collections and user-friendly navigation make it a natural choice for any collector of NFTs.
Blur came in second again, trading for $10.03 million with the participation of 3,010 traders. Popular for its special trading features including additional application interfaces and customer retention incentives, Blur has become a popular trading platform among traders.
Other platforms have also contributed to NFTs’ active week. OKX NFT ranked third with $1.93 million in volume for the week, Tensor followed with $1.03 million and Element with weekly sales of $790,000. These solutions are aimed at different target groups and add variety to this ecosystem.
NFT market shows continued growth and evolution
The price is actively fluctuating and numerous NFTs are being launched and purchased; two prominent examples are Azuki and Pudgy penguins. Premium selections like CryptoPunks and Bored Ape Yacht Club remain relevant among old-school traders, while gaming NFTs like Guild of Guardians fuel the dreams of gamers and blockchain enthusiasts.
In the future, new and creative collections, games and diverse contexts will contribute to the development of new NFTs, proving their importance in digital culture and markets.
