NFTs Plummet: Apes Rise, Penguins Waddle, and Crypto Weeps 😭💸

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Ah, the fickle dance of fortune! According to the oracles at CryptoSlam, the once-buoyant NFT market has taken a tumble, its sales volume shrinking by 4.97% to a mere $72.53 million. Last week’s $79.31 million now seems a distant, golden memory. 🌟✨

  • NFT sales, like a fallen aristocrat, dropped to $72.53M, while buyers surged 77%-a crowd gathering to witness the spectacle. 🎪
  • Sellers, too, multiplied by 106% to 284,166, though total transactions declined by 12.67%. A bustling bazaar, yet the till grows lighter. 🛍️
  • The crypto market, that tempestuous lover, turned sour as Bitcoin fell to $84K and ETH lost $2,800. Ah, the whims of the digital gods! ⚡

Market participation, however, has swelled like a river in spring. NFT buyers climbed by 77.11% to 293,459, and sellers jumped by 106.26% to 284,166. Yet, transactions fell by 12.67% to 940,416-a paradox, no? A crowd gathers, yet the dance slows. 💃🕺

This decline in NFT vigor coincides with the crypto market’s own woes. Bitcoin (BTC), once a titan, now languishes at $84,000, its pride wounded. Ethereum (ETH), too, has lost its $2,800 perch, its fall as graceful as a swan’s-but still a fall. The global crypto market cap, once $3.26 trillion, now stands at $2.87 trillion. A kingdom diminished, yet not vanquished. 🏰

Bored Apes Roar Back, While Algebra Stumbles

Algebra Positions NFT-V2 on Ethereum, that stalwart of the market, maintained its first place with $7.26 million in sales, though down 7.09% from last week’s $7.81 million. A noble decline, one might say. The collection processed 511 transactions, with 135 buyers and 106 sellers-a quiet salon, perhaps, but still bustling. 🧮

DMarket on the Mythos blockchain held second position at $6.67 million, essentially flat with a 0.09% decline. A steady hand in a turbulent sea. The collection recorded 197,923 transactions, with 15,185 buyers and 13,188 sellers-a marketplace alive with activity. 🛒

Courtyard on Polygon surged to third place with $2.97 million, up 32.58% from last week’s $2.24 million. A phoenix rising, or merely a fleeting spark? The collection processed 47,241 transactions, with 12,558 buyers and 1,276 sellers. 🏛️

Pudgy Penguins, those charming waddlers, climbed to fourth with $2.76 million, up 2.26% from last week’s $2.79 million. A modest gain, yet one cannot help but smile at their persistence. The Ethereum collection saw 179 transactions, with 113 buyers and 95 sellers. 🐧

CryptoPunks, those digital dandies, secured fifth position at $2.32 million, up 12.57% from last week’s $1.95 million. A mere 23 transactions, yet each a jewel in the crown. The collection had 17 buyers and 19 sellers-a select few, indeed. 🤖

Bored Ape Yacht Club, once the darling of the NFT world, made a strong comeback at sixth with $1.98 million, surging 37.35% from last week. The Ethereum collection recorded 99 transactions, with 60 buyers and 62 sellers. A resurrection, or merely a fleeting moment of glory? 🦍

Ethereum Falters, BNB Chain Surges

Ethereum, that grand dame of blockchains, maintained first position with $31.08 million in sales, down 6.02% from last week’s $33.71 million. A slight dimming of her luster, yet she remains unbowed. The network recorded $2.22 million in wash trading, bringing its total to $33.30 million. Buyers increased by 7.86% to 24,217-a loyal following, indeed. 🌙

BNB Chain (BNB), the upstart, held second place with $9.22 million, up 6.24% from last week’s $8.66 million. A rising star, or a fleeting comet? The blockchain recorded $19,490 in wash trading, bringing its total to $9.24 million. Buyers surged by 160.17% to 25,034-a tidal wave of interest. 🚀

Bitcoin, once the king, dropped to third with $7.03 million, down 7.78% from last week’s $8.18 million. A fallen monarch, yet still commanding respect. The network saw 9,600 buyers, up 85.61%-a loyal court, perhaps. 👑

Mythos Chain placed fourth at $6.81 million, up 0.23% from last week’s $6.84 million. A steady hand, or mere stagnation? The blockchain attracted 30,134 buyers, up 79.00%-a growing legion. 📜

Polygon (POL) secured fifth position with $4.02 million, up 21.83% from last week’s $3.26 million. A notable rise, yet one wonders if it will last. The blockchain recorded $7.51 million in wash trading, bringing its total to $11.54 million. Buyers surged by 175.17% to 59,885-a frenzy, indeed. 🧩

Immutable (IMX) landed in sixth at $3.20 million, down 24.29% from last week’s $4.19 million. A steep fall, yet the blockchain had 4,237 buyers, up 135.52%-a resilient few. 🔗

Solana (SOL), once a bright star, placed seventh with $3.15 million, plummeting 41.02% from last week’s $5.50 million. A dramatic fall, yet the network recorded 28,110 buyers, up 114.33%-a loyal following, despite the storm. ☀️

CryptoPunks Reign Supreme

CryptoPunks, those digital aristocrats, dominated the top sales positions with an air of nonchalance:

  • CryptoPunks #9816 led at $174,826.39 (58 ETH), sold four days ago-a princely sum. 👑
  • CryptoPunks #3661 placed second at $148,102.05 (47 ETH), sold six days ago-a close contender. 🏆
  • CryptoPunks #8739 sold for $122,164.40 (39.99 ETH) five days ago-a noble price. 🛡️
  • CryptoPunks #4241 fetched $112,516.20 (35.49 ETH) seven days ago-a respectable sum. 🗡️
  • CryptoPunks #5666 completed the top five at $110,789.94 (34.5 ETH), sold six days ago-a fitting conclusion. 🏹

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2025-11-22 16:54