CryptoPunks, BAYC, MAYC, Azuki- Is price the antithesis of sales volume
According to data from CoinGecko, the NFT projects (CryptoPunks, Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki, and Doodles) which make up the top five projects by all-time volume on OpenSea, have all suffered a decline in their floor price in the last 24 hours.
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Falling below its $1 trillion mark, data from CoinMarketCap showed that the global cryptocurrency market capitalization recorded a 9.54% decline in the last 24 hours causing it to be pegged at $937.61 billion. As Bitcoin and Ethereum record losses, blue-chip NFTs collections are not spared from the brunt. Let’s take a look at the performance of these five projects in light of the ongoing turmoil within the general cryptocurrency ecosystem.
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