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NFTScan | Summary of NFT market hot spots from 12.16 to 12.22

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Welcome to the weekly summary of hot events in the NFT ecosystem, brought to you by the NFT infrastructure platform NFTScan.

Period: 2024.12.16~ 2024.12.22

NFT Hot News

01/ Pudgy Penguins floor price breaks 34 ETH, Lil Pudgys breaks 4 ETH

On December 16, data shows that the NFT series Pudgy Penguins floor price has broken 34 ETH, currently at 34.2 ETH (about $137,000), with a 24-hour increase of 22.5%; Lil Pudgys has broken 4 ETH, currently at 4.24 ETH (about $17,000), with a 24-hour increase of 20.9%.

02/ Mocaverse floor price breaks 2.9 ETH, with a 24-hour increase of 79%

On December 16, data shows that the NFT series Mocaverse floor price has broken 2.9 ETH, currently at 2.96 ETH (about $11,860), with a 24-hour increase of 79%.

03 /The floor price of the NFT series V-On-Vana driven by Vana surged over 120% in 24 hours, then fell to 0.4 ETH, with a drop of over 80% in 1 hour

On December 16, according to data, the floor price of the NFT series V-On-Vana driven by Vana rose to 2.88 ETH (about $11,232), with a 24-hour increase of over 120%. Subsequently, the floor price fell to 0.4 ETH (about $1,560), with a drop of 85% in 1 hour.

04/ NFT project CyberKongz received a Wells Notice from the US SEC

On December 17, the NFT project CyberKongz announced that they have received a Wells Notice from the US Securities and Exchange Commission (SEC), and the team stated that "the SEC has shown a complete lack of understanding of blockchain technology, leading to unfair allegations and inaccurate information. The SEC's Enforcement Division has made very concerning statements to us, that if we do not register the token (ERC-20) as a security, we cannot combine it with blockchain games."

05/ Pudgy Penguins CEO: PENGU token will be available for claim on December 17 at 21:00

On December 17, Pudgy Penguins CEO Luca Netz announced that the PENGU token will be available for claim on December 17 at 21:00 Beijing time. Holders of Pudgy Penguins, Lil Pudgys, Rogs, and SBTs can participate, and the claim period is 88 days. Unclaimed tokens will be permanently locked and burned.

06/ MEET48 WAND2 NFT whitelist Mint has started, Public Mint will start on December 20

On December 17, the MEET48 WAND2 NFT whitelist Mint started on December 16 at 16:00, and the Public Mint will start on December 20 at 00:00. Users can log in to the MEET48 Official Website or the MEET48 App's market page to get relevant information.

07/ Pudgy Penguins: About 70 million external wallet addresses are eligible to claim PENGU tokens

On December 17, Pudgy Penguins announced in their official Discord community that in addition to Pudgy Penguins NFT holders, about 70 million external wallet addresses are eligible to claim PENGU tokens, covering users and community members of multiple protocols. Users can verify their eligibility through the official claim website, with a deadline of March 15, 2025. As more users complete the claim verification, more eligible protocol and community lists will be gradually disclosed.

08/ NFTGo acquires the crypto portfolio management project Mest and will develop new products based on its source code

On December 17, Mest co-founder ashu disclosed that the NFT analysis platform NFTGo has acquired the Mest product, with the specific acquisition amount not yet disclosed. NFTGo will develop new products based on the relevant source code. ashu stated that Mest had stopped development a year ago due to market conditions and a low return on investment.

09/ Galaxy Research: The NFT market is showing signs of recovery, with about 90% of transactions occurring on the Blur and OpenSea platforms

On December 18, according to a CoinDesk report, a Galaxy Research report stated that the NFT market is showing signs of recovery. For most of this year, NFT trading volume has been declining, but with the US election and the subsequent cryptocurrency market rebound, trading volume in November began to reverse. In early November, weekly NFT trading volume exceeded $100 million for the first time since May, reaching $172 million on December 2.

10/Data: Pudgy Penguins total sales exceed $500 million

On December 18, according to CryptoSlam monitoring data, the total sales of Pudgy Penguins have exceeded $500 million, reaching $517,848,546; the current on-chain sales transactions have reached 62,102, and the total number of NFT holders is 5,004.

11/ Doodles founder appears to hint at token release, floor price rises 63.4% in 24 hours

On December 20, Doodles founder burnt toast tweeted, "take ownership, keep evolving new ideas, shape communities, open minds, inspire new growth." Users later found that the first letter of each word spells out "token is coming," hinting that a token may be released.

12/ OpenSea's official NFT "Gemesis" floor price rises to 0.076 ETH, up 56% in 1 hour

On December 20, according to OpenSea data, since the launch of the OpenSea Foundation's Official Twitter account, the floor price of its official NFT "Gemesis" has risen to 0.076 ETH, with a 56% increase in the past 16 hours. In addition, the NFT has seen 698 sales in the past 1 hour, with a transaction volume of 48.62 ETH.

NFT on-chain data

01\ Overview of NFT multi-chain data

As of December 23, 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, which have generated:

Number of NFT contracts: 5,298,942

Number of NFT assets: 2,431,375,856

Number of on-chain NFT records: 8,084,487,300

Total market value of NFT assets: $30,629,160,483

Total historical NFT trading volume: $108,159,047,439

02\NFT Trading Market Trends

This week: Blur dominates the market, with the overall trading volume reaching its peak on December 17, with Blur market reaching a high of $36.44 million at 0:00. NFTScan has recorded 233 trading markets with a 7-day total trading volume of $229.3M. This week, Blur ranked first in trading volume, and the market trading volume distribution was relatively stable. The top six trading markets and their market share distribution are:

Blur: $136,848,306 (59.67%)

OpenSea: $52,131,961 (22.73%)

Tensor: $9,329,430 (4.07%)

Element: $7,925,878 (3.46%)

CryptoPunks: $7,118,911 (3.10%)

MagicEden: $6,052,118 (2.64%)

03\Trends of Top NFT Blue Chips

The current total market value of 19 blue-chip NFT contracts is 1,204,763 ETH, accounting for 25.77% of the total NFT market value.

This week: The total trading volume of blue-chip NFTs was 52.45k ETH, and the total market trading volume was 92.43k ETH, reaching a peak of around 12.5k ETH on December 17 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 follows:

Top1 Wallet:

0xab14624691d0d1b62f9797368104ef1f8c20df83

This wallet address holds 4,815 NFTs (including 3 NFT Collections), with current assets of 64,785 ETH ($213,304,612.5) and 7,459 interactions.

05\NFT Project Ranking

The top 10 most popular and highest-trading NFT projects on the Ethereum network are shown in the image below:

Followin' Pudgy Penguins ranked first this week, with the floor price stabilizing around 18.2e last week, and a 7d trading volume of 23,553e; Azuki ranked second with a trading volume of 9,602e, and the current floor price is 11.338e; Lil Pudgys ranked second with a trading volume of 8,542e, and the current floor price is 1.88e; the overall market trading volume and floor price of most blue-chip NFTs are showing an upward trend. 06\Hot NFT Express The hot NFT this week is the Pudgy Penguins series: On December 17, Pudgy Penguins CEO Luca Netz announced that the PENGU token will be available for claiming at 9:00 PM Beijing time on December 17, and Pudgy Penguins, Lil Pudgys, Rogs, and SBT holders can participate. The claiming period is 88 days, and any unclaimed tokens will be permanently locked and burned. Data shows that the current floor price has broken through 30 ETH and stabilized at 18.2 ETH, with a highest transaction price of 420 ETH. The total trading volume on Ethereum has exceeded 482.6k ETH, with the past 7 days' trading distribution mainly being Blur: 23.06K (85.90%); OpenSea: 3.76K (13.99%) X2Y2: 30.75 (0.11%) in ETH, and the 7d trading volume reached 1.17k transactions.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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