Welcome to the weekly summary of hot events in the Non-Fungible Token (NFT) ecosystem, brought to you by NFTScan, the NFT infrastructure.
Period: December 02, 2024 - December 08, 2024
NFT Hot News
01/Data: The floor prices of blue-chip NFT series have risen by more than 30% within 7 days, showing a recovery trend
On December 2, data showed that the floor prices of blue-chip NFT series have risen by more than 30% within 7 days. Among them, the floor price of Bored Ape Yacht Club increased by 75.95% in 7 days, currently at 21.29 ETH; the floor price of Pudgy Penguins increased by 28.3% in 7 days, currently at 14.69 ETH; the floor price of Mutant Ape Yacht Club increased by 97.45% in 7 days, currently at 3.945 ETH; the floor price of Azuki increased by 32.13% in 7 days, currently at 5.95 ETH.
02/RTFKT, Nike's NFT entity, will gradually shut down operations, and its Web3 services will be discontinued at the end of January 2025
On December 2, RTFKT, Nike's NFT entity, announced that it will gradually shut down operations, and its Web3 services will be discontinued at the end of January 2025. RTFKT plans to launch a new website to showcase the pioneering works that define the RTFKT journey. Before the operational shutdown, RTFKT will launch MNLTH X in December 2024, using BLADE DRoP technology.
03/Chiliz CEO: Interested in acquiring Nike's NFT project RTFKT, plans to migrate the assets to the CHZ chain
On December 3, Chiliz Chain CEO Alexandre Dreyfus stated on social media that the Chiliz ecosystem is interested in bidding to acquire the soon-to-be-discontinued Nike NFT project RTFKT, and plans to migrate the related assets to the CHZ chain to continue operations.
04/Except for the PayFi sector, the entire crypto sector is up, with the NFT and CeFi sectors leading the way with 15.60% and 15.23% gains respectively
On December 4, according to SoSoValue data, the crypto market sectors, except for the 3.14% pullback in PayFi, have all risen. The 24-hour gains for the NFT and CeFi sectors are 15.60% and 15.23% respectively. It is worth noting that within the NFT sector, APENFT (NFT) rose 38.94%, SuperVerse (SUPER) rose 21.62%, ApeCoin (APE) rose 18.85%, and Blur (BLUR) rose 6.84%. In the CeFi sector, tokens related to CEX exchanges saw significant increases, with Huobi (HT) up 35.35%, Binance Coin (BNB) up 16.46%, OKB (OKB) up 13.54%, and Gate (GT) up 9.27%.
05/ BendDAO V2 mainnet launches WUSD Capital Pool
On December 4, the NFT lending platform BendDAO launched the WUSD Capital Pool on its V2 mainnet, allowing users to lend out WUSD by pledging blue-chip NFTs, USDe, sUSDe, cbBTC, USDS and other assets, releasing liquidity. The platform currently shows a WUSD borrowing rate of 6% and a pledge yield of 10%.
06/ Mint Blockchain launches the NIPs Platform developer platform, supporting no-code deployment of NFTs
On December 5, according to official information, Mint Blockchain recently released the NIPs Platform developer platform on its official website, supporting dozens of NFT asset protocol standards including ERC721, ERC1155, ERC404, and ERC7765, as well as various NFT infrastructure tools, including NFT deployment tools, NFT minting tools, NFT Launchpad, NFT Marketplace, and NFT data indexing. Web3 developers and users can deploy NFT asset contracts and issue new assets with low barriers on the NIPs Platform. Meanwhile, the Mint team stated that they are planning to incentivize community developers to innovate on NFT asset protocol standards in various ways. Mint Blockchain will develop into the leading network for Ethereum in the NFT field, allowing NFTs to return to the Ethereum ecosystem.
07/ Adidas to launch a physical co-branded sneaker with Stepn
On December 5, Adidas and its blockchain partner Stepn announced an expansion from NFTs to physical products, planning to launch a co-branded sneaker this month, limited to 1,200 pairs, which will only be available on the MOOAR marketplace.
08/ Pudgy Penguins to launch PENGU token with a total supply of 88.8888 billion
On December 6, the NFT series Pudgy Penguins will launch the PENGU token with a total supply of 88,888,888,888. 25.9% will be allocated to the Pudgy community, 24.13% to the rest of the community, 12.35% for liquidity, 11.48% to partners (partially unlocked after 1 year of lockup, linearly unlocked over 3 years), 17.8% to the team, 4% for public sale, 0.35% to FTT holders, and 4% for Proliferation.
09/ NFT collection EtherRock #19 traded at 235 ETH, worth about $938,000
On December 8, on-chain data showed that the NFT collection EtherRock #19 was traded at 235 ETH, worth about $938,000.
10/ Pudgy Penguins floor price breaks 20 ETH, up 45% in 7 days
On December 8, data showed that the NFT series Pudgy Penguins floor price has broken 20 ETH, currently at 21.4 ETH, up 45% in 7 days. The trading volume is 8,402 ETH, up 270% in 7 days.
11/ Mad Lads floor price rebounds above 50 SOL, up 20.6% in 24 hours
On December 8, the NFT series Mad Lads floor price rebounded above 50 SOL, currently at 56.03 SOL (about $13,187), up 20.6% in 24 hours.
NFT on-chain data
01\ Overview of NFT multi-chain data
As of December 9, 2024, NFTScan currently supports 25 mainstream blockchain networks: Bitcoin, Ethereum, BNB Chain, Polygon, Solana, Mint, Avalanche, Arbitrum, Optimism, zkSync, Sei, Starknet, Aptos, Mantle, Linea, Base, TON, Blast, Gravity, Scroll, Viction, Fantom, Moonbeam, PlatON, and Cronos, with the following data:
Number of NFT contracts: 5,255,309
Number of NFT assets: 2,325,155,837
Number of on-chain NFT records: 7,881,107,655
Total market value of NFTs: $40,011,575,634
Total historical NFT trading volume: $107,706,283,888
02\NFT Trading Market Trends
This week: Blur dominates the market, with the overall trading volume reaching its peak on December 8, with Blur's market high reaching $17.285 million at 0:00. NFTScan has recorded 233 trading markets with a total 7-day trading volume of $175.4M. This week, Blur ranked first in trading volume, with a relatively stable market share distribution. The top six trading markets and their respective shares are:
Blur: $82,092,068 (46.66%)
OpenSea: $45,634,293 (25.97%)
CryptoPunks: $15,026,866 (8.57%)
Element: $9,665,876 (5.51%)
Tensor: $8,050,147 (4.59%)
MagicEden: $6,015,883 (3.43%)
03\Trends of Top NFT Blue-chips
The current total market value of 19 blue-chip contracts is 1,081,383 ETH, accounting for 20.78% of the total NFT market value.
This week: The total trading volume of blue-chip NFTs was 27.91k ETH, and the total market trading volume was 46.46k ETH, reaching a peak of around 6.2k ETH at 00:00 on December 2.
04\TOP 10 Wallets
NFTScan has analyzed the top 1,000 NFT holding value wallet addresses, and the current top 10 are as follows:
Top1 wallet:
0xab14624691d0d1b62f9797368104ef1f8c20df83
This wallet address holds 4,815 NFTs (including 3 NFT Collections), with current holdings of 64,785 ETH ($255,180,998.5) and 7,459 interactions.
05\NFT Project Ranking
The top 10 most popular and highest trading volume NFT projects on the Ethereum network are shown in the image below:
This week, Pudgy Penguins ranked first, with a floor price of around 22.47e, and a 7-day trading volume of 11,374e; Lil Pudgys ranked second with a trading volume of 4,194e and a current floor price of 2.4422e; BoredApeYachtClub ranked third with a trading volume of 3,722e and a current floor price of 19.76e; the trading volume and floor prices of most blue-chip Non-Fungible Tokens (NFTs) have shown an upward trend.
06\Hot NFT Express
The hot NFT this week is the Pudgy Penguins series:
On December 8, the floor price of the Pudgy Penguins NFT series broke through 20 ETH, currently at 21.4 ETH, with a 7-day increase of 45%. The trading volume was 8402 ETH, with a 7-day increase of 270%.
The data shows that the current floor price is stable at 22.49 ETH, the highest transaction price is 420 ETH, and the total transaction volume on Ethereum has exceeded 439.7k ETH. The trading distribution in the past 7 days was mainly Blur: 9.46k (83.15%) and OpenSea: 1.92k (16.85%) in ETH, with a total of 657 transactions.
