Breaking Down the Hottest NFT Collections

The week proved to be dynamic for the NFT market leaders: CryptoPunks have led the charts by weekly sales volume and were able to rake in an astonishing $19.32 million in sales, which was 843.95% higher than the volume transacted the previous week. 

CryptoPunks has returned to the first position, reaffirming its position as one of the most vital collections in the sphere of digital art, staying relevant as a blue-chip NFT for both experienced and new users.

CryptoPunks and the Rise of Bitcoin Puppets

CryptoPunk’s dominance this week is underscored by whale activity, where 92 unique buyers transacted for more than 170 transactions. The increased demand for CryptoPunks can be explained by the fact that it is one of the first NFT projects, and with time, its popularity became a trademark of digital art.

There is then Bitcoin Puppets, which comes second with $6.92M in sales, up by 223.28% from the previous week. In total, across this collection, 340 buyers engaged in 661 individual purchase transactions. 

DMarket, NodeMonkes, and Guild of Guardians Gain Traction

DMarket, which offers an enormous variety of digital assets, closed sales at $5.59 million. However, it slightly declined 0.46% but had 15,047 buyers and 206,999 transactions; this reiterates that the platform is both expansive and constantly active. This volume also demonstrates how DMarket has emerged as one of the platforms for digital assets, including those used in the games and collectible tokens.

New to the list, NodeMonkes entered big and recorded $4.24 million in weekly sales with 164.40% growth. Reflecting the popular blockchain-related community focus of this collection, 257 people made purchases across 506 separate transactions.

Guild of Guardians, an RPG game based on the blockchain, set a very important profit with $3.63 million in sales, rising 25.97%. More than 3,000 buyers and 5,448 transactions indicate an even higher expectation of using gaming NFTs with prolonged value proposition.

Doodles and Bored Ape Yacht Club Show Impressive Returns

The collection called Doodles, which is famous for its bright and playful artwork, received an increase in sales by 1,180.91 percent for a total of $2.99M. The increase in collection sales brought 290 such buyers, who made 463 purchases to show an increasing trend of action-based and community-oriented artwork.

The Bored Ape Yacht Club (BAYC) also remained buoyant and healthy, with sales worth $2.94 Million, which is an increase of 72.84% from last week.

Growing Interest in Pudgy Penguins, Mad Lads, Ordinal Maxi Biz and Others

Pudgy Penguins maintained its position with 68.33% week-on-week growth to sell $2,86M of NFTs. Mad Lads saw $2.52M in weekly sales, marking a 106,55% increase. The collection encompassed 183 buyers participating in 352 sales, which proved that the series has many loyal customers.

The Ordinal Maxi Biz product line also recorded an increase in sales by 14.62% to equal $2.23 million from 211 sales. Milady Maker had overall weekly sales of $2.12M, which is a week-on-week increase of 103.64%. 

Last on this list of top collection gains was Mutant Ape Yacht Club (MAYC), another popular BAYC spin-off that recorded weekly sales of just $1.68 million but with a massive 85.94% week-on-week gain.

The shifts in position shown in this week’s rankings exemplify how fluid and even unpredictable the NFT market can be, with CryptoPunks, Bitcoin Puppets, NodeMonkes, and other rising collections rising through the ranks rapidly.