The $NFT The sector posted its strongest 30-day performance in months, with Yuga Labs’ flagship collections soaring and Azuki, Doodles and Meebits receiving bids.
The global one $NFT Its market cap stands at $1.87 billion, after surpassing $2 billion this weekend for the first time in three months, according to CoinGecko.
Leaders of the Yuga ecosystem
The floor of the Bored Ape Yacht Club is 9.49 $ETHor about $21,715, up 15% in the week and 79% in the last 30 days. Meanwhile, Mutant Ape Yacht Club is up 26% on a weekly basis and 112% on a monthly basis. Otherdeed Expanded and Otherdeed for Otherside, the metaverse land connected to the Yuga ecosystem, are up 66.2% and 37.4% respectively in 30 days.
While there is no clear catalyst for this move, Yuga Labs recently settled its long-running trademark lawsuit against artist Ryder Ripps and partner Jeremy Cahen.
Other Ethereum bluechips are also participating. Azuki is at 1.09 $ETHup 28% on the week and 61% on the month, while Doodles is up 30% and Clone X up 28% in 30 days. Meebits, the pixel art collection that Yuga acquired from Larva Labs and then sold, is up 28% this month.
CryptoPunks retain the top spot
CryptoPunks remain the largest collection by market cap, with the bottom at 30.94 $ETHor approximately $70,805, up 16% on a weekly basis and 7.6% on a monthly basis. The relatively subdued 30-day performance likely reflects the collection’s much higher starting base.
Pudgy Penguins, the third largest collection, has rallied harder, with the floor at 5.05 $ETHan increase of 15% on the week and 25% on the month. The collection has been a focal point for crypto-native consumer IP this cycle, with parent company Igloo Inc. launched its browser-based Pudgy World metaverse in March and a mobile racing title that briefly topped Apple’s App Store rankings last year.
Canary Capital’s proposed spot PENGU ETF, which could also hold up to 15% of assets in Pudgy Penguins NFTs, remains pending with the SEC.
This article was written using AI workflows. All of our stories are curated, edited, and fact-checked by a human.