
Pudgy Penguins, LilPudgys, Azuki and Doodles topped last week’s charts as the best-performing collections.
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NFT sales volumes for the week ending Oct. 6 hit nearly $85 million, the biggest selling week for NFTs since the end of August.
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NFT transactions dropped 32% from 7.3 million in August to 4.9 million in September.
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NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million—the lowest this year.
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Pixelverse co-founder Kori Leon said their organization is taking a different approach by building a strong user base without “unrealistic” promises.
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CryptoSlam founder and CEO Randy Wasinger believes Web3 is becoming too fragmented for developers and users and plans to solve the issue with a new platform.
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A Pudgy Penguins character integrates into Pixelverse, joining characters like Doge from Dogecoin and Mew from the Solana memecoin MEW.
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Several PolitiFi and animal-themed memecoins continued to soar in the second quarter despite the broader market downfall, which NFTs were a part of.
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Bitcoin-based NFTs recorded a sales volume of $148 million in the last 30 days, according to CryptoSlam.
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Interest in Axie Infinity appears to be picking up again following the launch of its new NFT land staking feature and ongoing upgrades to the Origin battle game mode.
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