Followin' the NFT ecosystem highlights of the week brought to you by NFTScan, the NFT infrastructure.
Period: 2024.12.30~ 2024.01.05
NFT Hot News
01/ Puffer Finance launches the community decision-making framework PufferDAO
On December 30, Puffer Finance announced the launch of the community-driven decision-making framework PufferDAO, where users can stake PUFFER to mint vePUFFER NFTs and participate in governance. Proposals will undergo a 5-day discussion period, followed by a 2-day review, and then a 7-day voting period.
02/ Ordinals NFT project Quantum Cats buys $1.1 million worth of AIXBT and gifts NFTs to aixbt
On December 31, Udi, the co-founder of Taproot Wizards, revealed that the treasury of their Ordinals NFT project Quantum Cats purchased around 2.1 million AIXBT for approximately $1.1 million, at an average price of $0.52. Additionally, Quantum Cats sent a second Quantum Cat NFT to the AIXBT official. Udi stated that they will continue to follow the development of aixbt and may decide to increase their position in the future.
03 /5 Pudgy Penguins NFTs sold for a total of $175, possibly due to the seller's mistake
On December 31, according to Cointelegraph, someone sold 5 Pudgy Penguins NFTs for a total of $175 today, and it is speculated that the seller mistook 35 USDT for 35 ETH (worth $117,000), resulting in a loss of over $500,000.
04 /inBetweenersNFT collaborates with BONK to launch the "All Bears Must Die" event
On January 2, the NFT series inBetweenersNFT collaborated with BONK to launch the "All Bears Must Die" event. The official stated that the specific details will be announced this month.
05 /NFT blockchain Mint to conduct a large-scale airdrop covering holders of blue-chip NFT projects and historical NFT traders on OpenSea, Blur, and OKX Web3
On January 2, according to official information, the blockchain network Mint Blockchain, which focuses on the NFT ecosystem, announced the launch of the "NFT Legends Season" event, airdropping $MINT to eligible blue-chip NFT holders and historical NFT traders. The airdrop will cover 58 EVM blue-chip NFT holders, including Cryptopunks, BAYC, Pudgy Penguins, Azuki, Doodles, and historical traders on OpenSea, Blur, and OKX Web3 with trading volumes exceeding 20 ETH. The total airdrop amount is 1% of the $MINT economic total (10 million $MINT), which will be divided into two stages: claiming NFT Legend blind boxes and opening the blind boxes.
06/ Telegram adds "convert gifts to NFT" and "third-party verification" features
On January 2, according to Techcrunch, Telegram has released its first update of the year, adding account verification methods supported by third parties, new message search filters, and the ability to convert gifts into NFTs. Accounts verified by third parties will display a unique new badge instead of the traditional checkmark. Telegram also introduced a way to convert gifts into NFTs with custom backgrounds and icons. Users can send gifts using Telegram Stars, which can be purchased within the app or on the Fragment website by connecting a TON crypto wallet. Telegram stated that users will be able to trade these NFTs on different platforms.
07/ NFT sales in December 2024 totaled approximately $889 million, up 58.35% month-over-month
On January 2, data from CryptoSlam tracking 23 blockchain NFT sales showed that NFT sales in December 2024 totaled approximately $889 million, up 58.35% from $561 million in November. Of these sales, Ethereum-based NFT sales accounted for 54.92%, or $488 million, ranking first. Bitcoin-based NFT sales accounted for 19.96%, or $178 million, ranking second. This was followed by Solana ($102 million), Immutable ($37.97 million), Mythos ($27.17 million), and Polygon ($19.96 million).
08/ Scatter, the Milady-themed NFT marketplace, announces the resignation of its Chief Operating Officer Haiku
On January 3, according to The Block, Haiku, the Chief Operating Officer of Scatter, the launchpad and marketplace for the Milady-themed NFT series, announced his resignation. Haiku stated, "My work is done," and added that Scatter has developed into a sustainable entity. An anonymous writer named Three has joined Scatter's executive team as the new Chief Operating Officer. Haiku will focus on the art collective platform Oekaki Connect.
09/ UndeadApes NFT project developer Nowlin commits suicide after being convicted of Rug Pull-related crimes
On January 3, according to TAMPA, Berman Jerry Nowlin, the 21-year-old developer of the Solana-based Rug Pull NFT project UndeadApes, committed suicide two weeks ago after being convicted by a U.S. federal grand jury in November of federal wire fraud and money laundering charges. His sentencing was scheduled for January 23, 2025.
10/Data: NFT sales volume decreased 17.54% week-over-week to $132.7 million
On January 5, data showed that NFT sales volume decreased 17.54% week-over-week to $132.7 million. Ethereum NFT sales volume fell 25.72% to $56 million, but the number of buyers increased 14.35% to 72,241. Bitcoin NFT sales volume bucked the trend, increasing 8.38% to $30.3 million. The number of buyers reached 67,423, up 13.68% from the previous week.
NFT on-chain data
01\ Overview of NFT multi-chain data
As of January 6, 2024, NFTScan currently supports 25 mainstream blockchain networks, including Bitcoin, Ethereum, BNBChain, 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: 5,369,328
Number of NFT assets: 2,577,001,128
Number of on-chain NFT records: 8,252,489,433
Total NFT market value: $40,635,349,041
Total NFT trading volume: $109,432,382,638
02\NFT trading market trends
This week: Blur dominates the market, with the overall trading volume reaching its peak on December 30 at around $7.16 million at 0:00. NFTScan has recorded 233 trading markets with a 7-day total trading volume of $118.3 million. This week, Blur ranked first in trading volume, and the market trading volume distribution was relatively stable. The top six trading markets and their respective shares are:
Blur: $46,557,442 (39.18%)
OpenSea: $45,942,374 (38.72%)
Element: $6,936,744 (5.86%)
Tensor: $4,354,417 (3.68%)
MagicEden: $4,085,504 (3.45%)
X2Y2: $2,960,128 (2.50%)
03\Trends of top NFT blue-chips
The current total market value of 19 blue-chip contracts is 1,095,865 ETH, accounting for 18.37% of the total NFT market value.
This week: The total trading volume of blue-chip NFTs was 11.15k ETH, and the total market trading volume was 28.07k ETH, reaching a peak of around 2,058 ETH on December 31 at 00:00.
04\TOP 10 Wallets
NFTScan has analyzed the top 1,000 NFT holding value wallet addresses, and the current top 10 are as shown in the image:
Top1 wallet:
0xab14624691d0d1b62f9797368104ef1f8c20df83
Followin' this wallet address holds 4,815 Non-Fungible Tokens (including 3 NFT Collections), currently holding assets of 64,785 ETH ($236,637,578.1), with 7,459 interactions.
05\NFT Project Ranking
The Top 10 most popular and highest-trading NFT projects on the Ethereum network are as follows:
Bit week, Pudgy Penguins ranked first, with a floor price of around 23.85e and a 7-day trading volume of 3,751e; Azuki ranked second with a trading volume of 2,823e and a current floor price of 12.509e; Lil Pudgys ranked third with a trading volume of 2,086e and a current floor price of 2.62e; most blue-chip NFTs have seen an upward trend in overall market trading volume and floor prices.
06\Hot NFT Express
The hot NFT this week is the Pudgy Penguins series:
Data shows that the current floor price is stable at 23.85 ETH, the highest transaction price is 420 ETH, and the total trading volume on Ethereum has exceeded 491.5k ETH. Over the past 7 days, the trading distribution is mainly Blur: 2.98K (85.41%); OpenSea: 463.5 (13.28%) X2Y2: 45.8 (1.31%) in ETH, and the 7-day trading volume reached 181 transactions.
