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In the last 24 hours, the NFT market has experienced significant activity. The Bored Ape Yacht Club (BAYC) maintains its leading position in terms of trading volume, while a rare Qzuki NFT has attracted attention with a major sale. OpenSea continues to be the preferred platform for NFT enthusiasts, aided by rising trading volumes.
Bored Ape Yacht Club Remains on Top
BAYC has achieved a 24-hour trading volume of $1.11 million, holding the top spot. The collection remains popular among traders with 33 sales recorded. Despite fluctuations in the NFT market, BAYC’s strong performance highlights its impact and popularity in the sector.
Other Collections Also Perform Well
According to data from PHOENIX, Frogona ranks second with a trading volume of $554.71 thousand and 2,820 sales. Pudgy Penguins follows with $425.84 thousand in trading volume. Additionally, Guild of Guardians and Mutant Ape Yacht Club appear prominently, reflecting interest in various projects within the market.
Qzuki #9176 Sold for a Record Price
The highest sale was for a rare Qzuki NFT, which sold for $229,320. This demonstrates continued strong demand for rare NFTs. Other notable sales included CryptoPunk #1663 and CryptoPunk #702, which sold for $90.44 thousand and $79.21 thousand, respectively. The popularity of historical collections remains high.
OpenSea Maintains Market Leadership
The marketplace OpenSea recorded a total volume of $3.82 million with 11,380 traders. Blur closely follows with $2.25 million in volume. Magic Eden and Element also rank high with volumes of $1.24 million and $696 thousand, respectively. The performance of these platforms indicates sustained interest in NFT trading.
The market activity is supported by the value of rare digital assets and the performance of strong marketplaces. As NFTs continue to attract interest, more innovations and opportunities are expected to emerge in the future.
