Ethereum: As blue chip NFTs leave, who takes the spotlight?

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Ethereum: As blue chip NFTs leave, who takes the spotlight?
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The volume of blue chip collections, including BAYC, Otherdeed, and MAYC, all declined around the same period Other not-so-popular collections filled in for the decrease, but there were no substantial changes. Ethereum [ETH] NFTs like Otherdeed, Moonbirds, and Bored Ape Yacht Club [BAYC] were almost always on the list of collections with the most daily […]

, MAYC still led the volume ranking, but it was only because of the NFT’s high floor prices.

At press time, the MAYC sales volume was $14.88 million — 8.41% down from the previous 24 hours. Transactions were also down to 564, with reduced involvement of buyers and sellers. In BAYC’s case, it went down to the fifth position. However, it suffered a more tremendous decline than its Yuga Labs’ counterpart.From the image above, BAYC dumped 52.31% in volume, with double-digit decreases in transactions, buyers, and sellers.

At press time, Pudgy Penguins’ sales volume was $2.43 million in the last 24 hours. This represented a 41% increase within the said timeframe. However, data from the NFT aggregator revealed that an incredible increase in buyer and seller participation was vital to the landmark. All in all, 297 transactions led to the rise.$1.128 million in sales despite being the 16th. However, the most notable surge out of the lots was the Valhalla collection.

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