The NFT market has pulled back alongside broader crypto weakness, with Bitcoin falling to $101,000 and Ethereum dropping to $3,200.
Latest CoinMarketCap data shows that the overall crypto market cap has slipped to $3.5 trillion from last week’s $3.58 trillion.
According to CryptoSlam data, NFT sales volume has fallen 29.45% to $138 million this week. Despite the drop in total sales, market participation has grown, with more traders entering the space.
The weekly metrics tell a mixed story:
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Pudgy Penguins took the lead with $13.9 million in sales, up 38.49%. Their surge brought more activity, with transactions rising 106.21% and buyers up 20.80%.
DMarket held second place with $8.5 million, growing 7.30% and maintaining high volume with 307,776 transactions. Azuki dropped to third with $7.3 million, falling 74.73%.
Courtyard, a new entrant on Polygon, claimed fourth place with $7.2 million, surging 155.57%. CryptoPunks rounded out the top five with $5.7 million, down 31.19%.
Top sales this week included: