{"id":6614,"date":"2025-08-03T15:48:05","date_gmt":"2025-08-03T15:48:05","guid":{"rendered":"https:\/\/bitunikey.com\/news\/nft-sales-plunge-as-cryptopunks-pudgy-penguins-demand-wanes\/"},"modified":"2025-08-03T15:48:11","modified_gmt":"2025-08-03T15:48:11","slug":"nft-sales-plunge-as-cryptopunks-pudgy-penguins-demand-wanes","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/nft-sales-plunge-as-cryptopunks-pudgy-penguins-demand-wanes\/","title":{"rendered":"NFT sales plunge as CryptoPunks, Pudgy Penguins demand wanes"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p>Weekly non-fungible token sales dropped by double digits as sentiment in the crypto market waned.<\/p>\n<div id=\"cn-block-summary-block_5ddd87d459f8f2beb6f5367298961e61\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>The total NFT sales dropped by 10% last week.<\/li>\n<li>CryptoPunks and Pudgy Penguins sales fell by 42% and 43%, respectively.<\/li>\n<li>A jump in Courtyard and BAYC sales offset this decline.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">CryptoPunks, Pudgy Penguins NFT sales plunged last week<\/h2>\n<p>CryptoSlam data indicate that total NFT sales decreased by 10% in the previous seven days, reaching $155 million. This decline happened even as the number of NFT buyers, sellers, and transactions jumped by over 20%.<\/p>\n<p>The weekly decline was primarily due to CryptoPunks, whose sales decreased by 42% to $20.2 million. This decline happened after the recent sales surge. Indeed, data shows that its monthly sales jumped by 450% to over $62 million.\u00a0<\/p>\n<p>CryptoPunks ETF collection has had <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cryptoslam.io\/cryptopunks\" target=\"_blank\">cumulative sales<\/a> of over $3.16 billion, making it the third most popular ever after Axie Infinity and Bored Ape Yacht Club.<\/p>\n<p>Pudgy Penguins NFT sales also dropped by 43% in the last seven days to $4.6 million. This decline coincided with the sharp decline of the PENGU token, which entered a bear market after falling 32% from its highest point this year.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Courtyard, Bored Ape Yacht Club sales jump<\/h2>\n<p>Rebounds of other NFT collections helped to offset these declines. Courtyard NFT sales surged by 35% to $11.27 million, with a 23% increase in transactions.\u00a0<\/p>\n<p>Bored Ape Yacht Club NFT sales jumped by 10% to $6.26 million, while DMarket jumped by 77% to $4.84 million. Other top performers included collections like Guild of Guardian Heroes, SpinNFTBox, and Sorare.\u00a0<\/p>\n<p>NFT sales experienced a strong performance in July, driven by notable projects such as CryptoPunks, Pudgy Penguins, Bored Ape Yacht Club, and Moonbirds.\u00a0<\/p>\n<p>Ethereum (ETH) NFT sales soared by over 68% to $296 million, while Bitcoin (BTC) and Solana (SOL) jumped by 42% to $77 million and 10% to $10 million, respectively.\u00a0<\/p>\n<p>Polygon was the main laggard in July, as its sales dropped by 59%, primarily due to Courtyard, whose sales fell by 25%. BNB Chain, Immutable, and Mythos Chain sales tumbled by over 40%.<\/p>\n<p>NFT sales are likely to be affected by the performance of the crypto market this month.\u00a0<\/p>\n<p>Historically, sales tend to increase when cryptocurrencies are in a strong uptrend. For example, sales surged in July as Bitcoin reached a record high, driving most altcoins to higher levels.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Weekly non-fungible token sales dropped by double digits as sentiment in the crypto market waned. Summary The total NFT sales dropped by 10% last week. CryptoPunks and Pudgy Penguins sales&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=6614"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6614\/revisions"}],"predecessor-version":[{"id":6616,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6614\/revisions\/6616"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/6615"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=6614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=6614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=6614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}