December 21, 2024

CryptoInfoNet

Cryptocurrency News

Bored Ape Yacht Club (BAYC) Takes the Lead in NFT Sales, While CryptoPunks See a Slowdown Following Record-Breaking Sale

Yuga Labs sees leadership shift and NFT sales surge

Bored Ape Yacht Club (BAYC), Yuga Labs’ Ethereum-based non-fungible token collection, remained at the top of the NFT industry’s sales ranking on Friday despite a 19% dip.

BAYC had a sales total of US$1.45 million in the 24 hours to 2 p.m. ET, CryptoSlam data shows.

NodeMonkes, a Bitcoin-based collection, followed closely with the day’s second-highest sales total of US$1.3 million.

Solana‘s Froganas collection witnessed the most significant increase of the day, with sales soaring by 57.70% to US$1.19 million and transactions joining the top 10 for the first time this week.

MythosDMarket also saw an uptick, with a 10.44% rise in sales amounting to US$1 million. Its 39,317 transactions, up 7.92%, led the top 10 on Friday.

On the other end of the spectrum, Ethereum’s Pudgy Penguins experienced a sharp decline, with sales plummeting by 65.19% to US$877,237 and transactions decreasing by 66.67%.

CryptoPunks, another heavyweight in the Ethereum ecosystem, saw a dramatic 95.75% drop in sales to US$720,652.58, although the number of transactions remained unchanged.

CryptoPunks dropped to the eighth spot after spending a day on the top of the leaderboard, thanks to one of its NFTs, CryptoPunk #7804, selling for US$16.38 million on Wednesday.

In the broader context, Ronin‘s Axie Infinity continues to hold the top spot in all-time sales with a staggering US$4.26 billion, followed by BAYC with US$3.10 billion, and CryptoPunks at US$2.78 billion.

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