Among the new NFT projects, Bitcoin Puppets gained the most popularity and took the lead by experiencing $392.85K in daily traffic across 46 sales. Phoenix Group collected the data using DappRadar. It covered the day-to-day operations of several NFT collections and pointed to Bitcoin Puppets as leaders. The increase in traffic shows that more and more people are interested in such digital assets.
#NFT MARKET OVERVIEW
TOP COLLECTION #BitcoinPuppets – 24H Volume $392.85K
TOP SELLING… pic.twitter.com/eJ2G9O1uw2
– PHOENIX – Crypto News & Analysis (@pnxgrp) October 7, 2024
Top Performers in the NFT Space: Bitcoin Puppets Leads
After Bitcoin Puppets, a number of other NFT projects also topped the trading volume charts. Guild of Guardians, a collection based on a fantasy RPG game, had a trading volume of $381.57K and 600 sales. Pudgy Penguins, which includes a community-oriented penguin avatar NFT, sold for $329.74K with 13 sales proving it to be a fan favorite, but with lower sale prices compared to other dominant collections.
NodeMonkes, the technology-themed NFTs collection, continued the bull run with $276.16K on 23 sales. Liberty Cats, with a trading volume of $242.23K, executed ten sales, indicating that this PFP project is suitable for those who want to connect NFT ownership with decentralized governance. CryptoPunks received significantly less sales traffic (3 sales) compared to other NFTs, but managed to raise $223.23K in trading volume, proving that this collection remains as relevant as ever.
Notable Sales: CryptoPunks and Bored Apes have value
Of all the sales, CryptoPunks is in the spotlight for capturing the most important transactions of the past 24 hours. Looking at the top selling CryptoPunks: CryptoPunk #9480 sold for 80.98K, CryptoPunk #9539 for 78K and CryptoPunk #2755 for 64.54K. These high values are an indication that CryptoPunks remains one of the most elite and lucrative NFT projects.
Other notable volume sales included Boo Bears #207, priced at $32.03K, and Bored Ape Yacht Club #9446, titled “BuzzAnimals,” $30.23K.
OpenSea continues to top the list of NFT marketplaces.
When it comes to marketplaces, OpenSea remained at the top, with 10.93k active traders and a daily trading volume of $3.97 million. The Blur marketplace continued to follow closely behind, with $1.191 million in volume, followed by the UniSat and OKX NFT marketplaces, which each recorded $1.01 million and $925K respectively. Magic Eden completed the list of the top markets with a volume of $839,000 in 24 hours.
Bitcoin Puppets, CryptoPunks and Bored Ape Yacht Club take the lead, both in terms of trading volume and high-profile sales. With the emergence of these new markets, both new and established collections are finding ways to attract attention and drive significant market activity.