The non-fungible token (NFT) market has continued to thrive, even in the face of recent market fluctuations. While some investors have diverted their attention to other cryptocurrency investments, such as shitcoins, in search of higher market returns, NFTs remain a popular choice for many. In this article, we will explore some of the top-selling NFTs of the week and provide an overview of their performance and market value.
Recent Shift in Investor Focus
In recent weeks, there has been a noticeable shift in investor focus within the cryptocurrency market. With the volatility and unpredictability of the market, some investors have turned their attention away from NFTs and toward alternative investments, such as shitcoins. Shitcoins, although risky, offer the potential for significant returns in a short period. However, despite this shift, the NFT market continues to demonstrate resilience and attract investors who value the unique properties and digital ownership that NFTs provide.
Top-Selling NFTs This Week
1. Milady Maker NFTs Pump +50% This Week
The Milady Maker NFT collection, developed by digital asset firm Remilia, takes the top position in our list of the week’s top-selling NFTs. This collection features a limited edition of 10,000 PFP (Profile Picture) NFTs and has experienced a remarkable increase of over 50% in value during this week alone. The sales volume for Milady Maker NFTs in the past 24 hours reached $7,638 ETH, equivalent to approximately $14 million based on current Ether prices. With a market capitalization of $85 million and a floor price of $8,609, the Milady Maker NFT collection has captured significant attention from investors.
2. Mutant Ape Yacht Club NFTs
Taking the second position in our top-selling NFT list this week is the Mutant Ape Yacht Club (MAYC) collection, created by digital asset incubation studio Yuga Labs. In the past 24 hours, MAYC recorded a sales volume of 2,616 ETH, showcasing strong investor interest. With a market capitalization of $332 million and a floor price of $17,015, the Mutant Ape Yacht Club NFTs have established themselves as a valuable asset within the NFT market.
3. Bored Ape Yacht Club NFTs
The Bored Ape Yacht Club, an all-time top-selling NFT collection developed by Yuga Labs, holds the third position in our list. With a limited edition of 10,000 NFTs on the Ethereum network, the Bored Ape Yacht Club NFTs have recorded a 24-hour sales volume of 1,906 ETH.
4. Redacted Remilio Babies NFTs Pump 38%
The Redacted Remilio Babies NFT collection, created by Remilia, the same digital asset firm behind the Milady Maker NFTs, has experienced a notable increase of 38% in value. This surge in popularity occurred during the second week of May. The Redacted Remilio Babies NFT collection features a limited edition of 10,000 NFTs and gained traction when Twitter CEO Elon Musk shared a meme containing the instantly recognizable avatar of the Milady Maker NFT collection. Within the past 24 hours, the Redacted Remilio Babies NFT collection has recorded a sales volume of 1,576 ETH. With a market capitalization of $32 million and a floor price of $3,212, these NFTs continue to attract attention from investors.
5. Azuki NFT Collection
The Azuki NFT collection, considered a blue-chip NFT collection, secures the fifth position in our top-selling NFT list for this week. Over the past 24 hours, this collection has recorded a sales volume of 1,509 ETH. With a market capitalization of 257 million and a floor price of $25,671, Azuki NFTs have gained recognition and value within the NFT market.
6. MineablePunks NFTs
Larva Labs presents the MineablePunks NFT collection, which claims the sixth position in our top-selling NFTs this week. In the past 24 hours, the sales volume for MineablePunks NFTs reached 1358 ETH. These NFTs have a market capitalization of $759,530 and a floor price of $183, showcasing their appeal to collectors and investors alike.
7. Wrapped CryptoPunks NFTs
Another NFT collection from Larva Labs, Wrapped CryptoPunks, features a unique collection of randomly generated original CryptoPunks wrapped with ERC-721 tokens. Within the past 24 hours, this collection has recorded a sales volume of 1060 ETH, securing the seventh position in our top-selling list. With a market capitalization of 90 million and a floor price of $116,576, Wrapped CryptoPunks NFTs continue to attract attention and demand from collectors.
8. Pudgy Penguins NFTs
The Pudgy Penguins NFT collection, featuring a fixed set of 8,888 NFTs on the Ethereum network, holds the eighth position in our top-selling list for the second week of May. In the past 24 hours, the sales volume for Pudgy Penguins NFTs reached 470 ETH. With a market capitalization of $76 million and a floor price of $8,533, these adorable and unique penguin-themed NFTs have found a dedicated audience among collectors.
9. The Captainz
The Captainz NFT collection, with a limited edition of 9,999 NFTs on the Ethereum network, takes the ninth position in our top-selling list this week. The past 24 hours recorded a sales volume of 405 ETH for The Captainz NFTs. With a market capitalization of 138 million and a floor price of $13,854, these NFTs showcase their appeal to collectors who value limited editions and unique digital assets.
10. Bored Ape Kennel Club NFTs
This collection, which has a limited edition of 9,602 NFTs, brings to a close this week’s list of the best-selling NFTs. The Bored Ape Kennel Club NFTs have generated 270 ETH in sales during the last 24 hours. These NFTs, which have a market valuation of 140 million and a floor price of $7,322, have drawn interest for their distinctive look and collector potential.
