CryptoPunks & Pudgy Penguins Dominate: The NFT Market’s Unstoppable Blue-Chips

The NFT arena just witnessed another week of blue-chip supremacy—while traditional finance still struggles to define 'digital ownership.'

Punks and Penguins flex their staying power

No surprises here: Ethereum's original status symbols (CryptoPunks) and the Web3 community darling (Pudgy Penguins) locked down the top trading spots. Volume tells the story—these collections trade like liquid assets while 90% of NFTs gather dust.

Why this matters beyond JPEG bragging rights

Liquidity breeds legitimacy. When floor prices hold steady during a bear market, even Wall Street's 'NFT skeptics' start side-eyeing their spreadsheets. Bonus reality check: At least bored apes produce dopamine—unlike your bank's 'high-yield' savings account.

The non-fungible token (NFT) market has climbed with massive shifts in terms of collection rankings over the past seven days. As per the new market data, CryptoPunks, f(x) WSTETH position, and Pudgy Penguins have taken the top places among the prominent ten NFT collections of the week.

This noteworthy progress of the NFT sector indicates the growing sentiment, ecosystem utility, and liquidity. Additionally, this robust performance also highlights that the NFT sector is continuously evolving over time.

CryptoPunks, f(x) wstETH, and Pudgy Penguins Dominate NFT Collections Based on Weekly Sales Volume

Particularly, CryptoPunks stands in the 1st position among the NFT collections based on the weekly performance. In this respect, it witnessed up to $34,937,504 in sales, showing a 611.63% increase over seven days.

Simultaneously, f(x) wstETH position has claimed the 2nd place among the top collections over the past week. Hence, its sales volume has touched the $9,836,608, signifying a 31.75% increase in the meantime. Apart from that, Pudgy Penguins has attained the 3rd spot, with its sales volume touching $8,346,811 after a 9.63% decrease.

Following that, in the 4th position, Courtyard has reached $8,281,937 in terms of sales volume, denoting a 35.13% plunge. Subsequently, Bored APE Yacht Club (BAYC) claims $5,862,545 when it comes to sales volume, underscoring a 62.33% upsurge.

MAYC, Moonbirds, BoredApeYachtClub, and $??BRC-20 NFTs Bottom Top-10 List

The next leading NFT collection on the list is STRAT Option, as it has touched the $5,348,361 mark in sales volume. This development takes place as a result of a stunning 3052.05% increase. Additionally, Mutant Ape Yacht Club (MAYC) occupies the 7th rank among the top-performing NFT collections of last week based on sales volume, reaching $4,874,728.

The top-10 list moves on to include Moonbirds in the 8th position as it has recorded a sales volume equaling $4,506,875 due to a 138.66% rise. Coming after that, Bored Ape Yacht Club (BAYC) claims $4,027,274 in weekly sales volume after a 41.06% upsurge.

Afterwards, $??BRC-20 NFTs is the 10th top NFT collection when it comes to 7-day sales volume. Thus, it has seen a 30.75% decline to touch $3,819,336 in its weekly volume.