The return of monkeys and penguins? The NFTs experienced a dazzling boom in 2021, before falling into oblivion. However, for a few months, The sector seems to resume colors And the recent increase in Ethereum has also enabled the market to reach a capitalization of $ 9.3 billion.
The key points of this article:The NFTs experienced a resurgence in 2023, reaching a capitalization of $ 9.3 billion thanks to the rise in Ethereum.
The emblematic collections such as cryptopunks and Pudgy Penguins have seen a significant increase in their value and volume of exchange.
The NFT market exceeds $ 9 billion
According to NFT Price Floor data, the capitalisation from the NFT market therefore exceeded $ 9.3 billionwhich represents an increase in 40 % compared to July. This increase is mainly due to the soaring of Ethereum, which recently exceeded $ 4,000, and in its wake, many collections based on Ethereum have seen their value increase. Indeed, like their prix East expressed in ethwhen it mathematically increases the value of NFT collections too.
Classification of NFT collections according to the importance of their capitalization (Market Cap) – Source: NFT Floor Price
Emblematic collections in mind
Among the most popularwe find the CryptoPunkswhich remain in the lead with a capitalization of $ 2.4 billion. They are followed by Bored Ape Yacht Club (BAYC) and Pudgy Penguinsas we can see in the above ranking. THE Pudgy Penguins have recently exceeded the BAYC In terms of weekly volume. With $ 8.7 million in volume, penguins So place themselves in front of the monkeys and their $ 6.3 million. This price flight should allow many owners to enter their expenses after months of decline, and there is a safe bet that they will be many to sell their NFT dearly acquired at the height of the hype in 2021.