Blue-chip NFT floor prices rise +20% this week – Analysis

Blue-chip NFT floor prices rise +20% this week – Analysis

Despite a significant decline in the global non-fungible token market over the past few months, the market has finally started a comeback, marked by a significant increase in sales volume and reserve prices. A recent analysis shows that NFTs from top NFT collections have increased by +20% in the last seven days. Below we have listed the top five NFT gainers this week:

1. CryptoPunks NFT Collection

CryptoPunks, a non-fungible token collection with a fixed supply of 10,000 Ethereum NFTs that previously came from digital asset firm Larva Labs but is now managed by Yuga Labs, is one of the biggest gainers in the recent NFT market resurgence. Over the past seven days, the floor price of the CryptoPunks NFT collection has increased by 33% to 28.50 ETH ($76,532).

2. Bored Ape Yacht Club NFT Collection

Bored Ape Yacht Club, a non-fungible token collection by digital asset incubation studio Yuga Labs that includes a limited edition of 10,000 NFTs hosted on the Ethereum blockchain network, is another blue-chip NFT collection that has seen a sharp increase in its reserve price this week. Over the past seven days, the reserve price of the Bored Ape Yacht Club NFT has increased by 20.63% to 13.79 ETH.

NFT minimum price in the last 7 days 1

Source: nftpricefloor.com, top five NFT collections by minimum price in the last 7 days.

3. Pudgy Penguins NFT Collection

Pudgy Penguins, a non-fungible token collection by digital asset incubation studio Igloo Inc. that includes a limited edition of 8,888 NFTs hosted on the Ethereum blockchain network, has also seen a sharp price increase in recent days. Over the past seven days, the floor price of the Pudgy Penguins NFT collection has increased by 22.33% to 10.63 ETH (28,543).

4. Solana Monkey Business NFT Collection

Solana Monkey Business, a non-fungible token collection with a fixed set of 5,000 unique, randomly generated 24×24 pixel monkeys stored on the Solana blockchain network, has recently seen a price surge. Over the past seven days, the floor price of the Solana Monkey Business (SMB) NFT collection has increased by 35.78% to 28.30 SOL ($4,441).

5. Mutant Ape Yacht Club NFT Collection

Mutant Ape Yacht Club, another non-fungible token collection from digital asset incubation studio Yuga Labs that includes a limited edition of 20,000 mutant apes hosted on the Ethereum blockchain network, has recently seen a sharp increase in its floor price. Over the past seven days, the floor price of the Mutant Ape Yacht Club NFT has increased by 23.36% to 2.21 ETH ($5,930), rounding out our top five NFT gainers this week.

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