{"id":1516,"date":"2025-11-15T04:27:53","date_gmt":"2025-11-15T09:27:53","guid":{"rendered":"https:\/\/www.decentralnetwork.org\/news\/?p=1516"},"modified":"2025-11-21T07:32:20","modified_gmt":"2025-11-21T12:32:20","slug":"nft-sales-slip-as-market-cools","status":"publish","type":"post","link":"https:\/\/www.decentralnetwork.org\/news\/nft-sales-slip-as-market-cools\/","title":{"rendered":"NFT Sales Slip as Market Cools, Pudgy Penguins Take a Hit"},"content":{"rendered":"\n<figure class=\"gb-block-image gb-block-image-cc422783\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"628\" class=\"gb-image gb-image-cc422783\" src=\"https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2025\/11\/Untitled-design-11.webp\" alt=\"NFT Sales Slip as Market Cools, Pudgy Penguins Take a Hit\" title=\"Untitled design (11)\" srcset=\"https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2025\/11\/Untitled-design-11.webp 1200w, https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2025\/11\/Untitled-design-11-300x157.webp 300w, https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2025\/11\/Untitled-design-11-768x402.webp 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>NFT Sales Slip as Market Cools, Pudgy Penguins Take a Hit<\/strong> as the market closed out a lukewarm week, with total sales dropping 5.4% to <strong>$79.31 million<\/strong>, down from <strong>$84.44 million<\/strong> the previous week. Yet, activity across the ecosystem remained surprisingly strong\u2014<strong>NFT buyers jumped nearly 990%<\/strong> to over <strong>222,000<\/strong>, and <strong>sellers increased 715%<\/strong> to about <strong>190,000<\/strong>, according to CryptoSlam. Interestingly, overall transactions moved in the opposite direction, <strong>falling 20.9%<\/strong> to around <strong>1.09 million<\/strong>.<\/h2>\n\n\n\n<p>The broader crypto market didn&#8217;t help sentiment. <strong>Bitcoin<\/strong> slipped to the <strong>$96,000<\/strong> zone as selling pressure intensified, and <strong>Ethereum<\/strong> slid under <strong>$3,200<\/strong>, deepening its recent downturn. With both giants losing ground, the overall crypto market cap contracted to <strong>$3.26 trillion<\/strong>, down from <strong>$3.48 trillion<\/strong> last week.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Algebra Positions NFT-V2 Surges, Pudgy Penguins Stumble<\/strong><\/h2>\n\n\n\n<p>One of the week\u2019s biggest surprises came from <strong>Algebra Positions NFT-V2<\/strong> on Ethereum, which rocketed to the No. 1 spot with <strong>$7.81 million<\/strong> in sales\u2014an eye-popping <strong>807,352%<\/strong> jump. The project recorded <strong>742 transactions<\/strong> involving <strong>199 buyers<\/strong> and <strong>90 sellers<\/strong>, putting it far ahead of its competitors for the week.<\/p>\n\n\n\n<p>Meanwhile, <strong><a href=\"https:\/\/dmarket.com\/\" data-type=\"link\" data-id=\"https:\/\/dmarket.com\/\" target=\"_blank\" rel=\"noopener\">DMarket<\/a><\/strong> on the Mythos chain cooled slightly, slipping to second place with <strong>$6.67 million<\/strong> in sales\u2014down about <strong>3.8%<\/strong> from last week\u2019s numbers.<\/p>\n\n\n\n<p>The popular <strong>Pudgy Penguins<\/strong> collection wasn\u2019t as fortunate. Sales cratered nearly <strong>37%<\/strong>, falling from <strong>$4.38 million<\/strong> to <strong>$2.79 million<\/strong>, making it one of the week\u2019s steepest declines among major Ethereum-based projects.<\/p>\n\n\n\n<p>Other key movers included:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Guild of Guardians Heroes<\/strong> at <strong>$2.37 million<\/strong> (down 6.19%)<\/li>\n\n\n\n<li><strong>Courtyard on Polygon<\/strong> at <strong>$2.24 million<\/strong> (down 23.2%)<\/li>\n\n\n\n<li><strong>Panini America<\/strong>, which shot up <strong>393%<\/strong> to <strong>$2.23 million<\/strong><\/li>\n\n\n\n<li><strong>CryptoPunks<\/strong>, falling almost <strong>41%<\/strong> to <strong>$1.95 million<\/strong>, despite only 17 total transactions<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Ethereum Leads Blockchains, BNB Chain Climbs<\/strong><\/h2>\n\n\n\n<p>Ethereum maintained its lead among blockchains with <strong>$33.71 million<\/strong> in NFT sales, up nearly <strong>5%<\/strong>. Including wash trading, the network\u2019s total reached <strong>$36.37 million<\/strong>, with buyer numbers rising sharply by <strong>70%<\/strong>.<\/p>\n\n\n\n<p><strong>BNB Chain<\/strong> jumped into second place with <strong>$8.66 million<\/strong>, a <strong>28%<\/strong> weekly rise. <strong>Bitcoin<\/strong>, impacted by wider market pullbacks, dropped to third with <strong>$8.18 million<\/strong> in sales.<\/p>\n\n\n\n<p>Further down the list:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Mythos Chain<\/strong>: $6.84M (down 3.49%)<\/li>\n\n\n\n<li><strong>Solana<\/strong>: $5.50M (up 12.27%)<\/li>\n\n\n\n<li><strong>Immutable<\/strong>: $4.19M (down 2.98%)<\/li>\n\n\n\n<li><strong>Polygon<\/strong>: $3.26M (down 28.77%), though it posted heavy wash-trading activity totaling nearly $10M<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Top NFT Sales of the Week<\/strong><\/h2>\n\n\n\n<p>High-value sales continued even with the market cooling:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Autoglyphs #141<\/strong> led the pack at <strong>$199,135<\/strong> (56 WETH)<\/li>\n\n\n\n<li><strong>V1 Cryptopunks Wrapped #7139<\/strong> saw two big trades at <strong>$196,267<\/strong> and <strong>$194,923<\/strong><\/li>\n\n\n\n<li><strong>CryptoPunks #6207<\/strong> sold for <strong>$152,619<\/strong><\/li>\n\n\n\n<li><strong>CryptoPunks #4427<\/strong> fetched <strong>$131,430<\/strong><\/li>\n<\/ol>\n\n\n\n<p>Even as overall volumes shrink, collectors are still paying top dollar for rare digital assets\u2014suggesting the market may be cooling, but it\u2019s far from silent.<\/p>\n\n\n\n<p>Also Read: <a href=\"https:\/\/www.decentralnetwork.org\/news\/strive-asset-bitcoin-purchase\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.decentralnetwork.org\/news\/strive-asset-bitcoin-purchase\/\" rel=\"noreferrer noopener\">Strive Adds $162M in Bitcoin, Expands Treasury Amid Market Dip<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NFT Sales Slip as Market Cools, Pudgy Penguins Take a Hit as the market closed out a lukewarm week, with &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"NFT Sales Slip as Market Cools, Pudgy Penguins Take a Hit\" class=\"read-more button\" href=\"https:\/\/www.decentralnetwork.org\/news\/nft-sales-slip-as-market-cools\/#more-1516\" aria-label=\"Read more about NFT Sales Slip as Market Cools, Pudgy Penguins Take a Hit\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1517,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9],"tags":[759,765,769,770,772,766,763,768,758,773,761,753,774,760,771,752,775,762,767,756,764,755,757,754],"class_list":["post-1516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-algebra-positions-nft-v2-sales","tag-bitcoin-nft-market-performance","tag-bnb-chain-nft-sales-growth","tag-crypto-market-impact-on-nfts","tag-cryptopunks-weekly-sales","tag-downturn-in-crypto-market-effects-on-nfts","tag-ethereum-nft-sales-statistics","tag-mythos-chain-nft-activity","tag-nft-buyer-and-seller-surge","tag-nft-collections-weekly-ranking","tag-nft-market-cap-update","tag-nft-market-sales-drop","tag-nft-market-trends-2025","tag-nft-price-performance-this-week","tag-nft-sales-volume-analysis","tag-nft-sales-weekly-report","tag-nft-trading-activity-increase","tag-nft-transaction-volume-decline","tag-nft-wash-trading-data","tag-polygon-nft-market-update","tag-pudgy-penguins-nft-price-drop","tag-solana-nft-sales-this-week","tag-top-nft-sales-this-week","tag-weekly-nft-trading-volume","resize-featured-image"],"jetpack_featured_media_url":"https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2025\/11\/Untitled-design-11.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/1516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/comments?post=1516"}],"version-history":[{"count":2,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/1516\/revisions"}],"predecessor-version":[{"id":1604,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/1516\/revisions\/1604"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/media\/1517"}],"wp:attachment":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/media?parent=1516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/categories?post=1516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/tags?post=1516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<!-- This website is optimized by Airlift. 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