The Non-Fungible Token Market Is on Fire Again

The NFT market retested a significant resurgence earlier this month following President-elect Donald Trump's crypto-friendly stance in the United States.

The non-fungible token market is once again on a hot streak after taking a short market break last week. The NFT market had retested a significant resurgence earlier this month following President-elect Donald Trump’s crypto-friendly stance in the United States.

Now, NFTs are soaring again, with non-fungible token collections like Bored Apes Yacht Club and Punks leading the charge. Below, we have listed some of the top-selling NFTs this week:

1. Bored Ape Yacht Club NFT Collection

Bored Ape Yacht Club, an all-time top-selling non-fungible token collection from the digital asset incubation studio Yuga Labs, featuring a limited edition of 10,000 NFTs hosted on the Ethereum blockchain network, is this week’s most-selling NFT collection. In the past 24 hours, Bored Ape Yacht Club has raised a trading sales volume of $3.6 million. During this time, Bored Ape Yacht Club NFT sales volume has surged 9.2% from the previous day.

2. Pudgy Penguins NFT Collection

Pudgy Penguins, a non-fungible token collection from the digital asset incubation studio and toy brand Igloo.Inc., featuring a limited set of 8,888 penguin birds hosted on the Ethereum network, is this week’s second most-selling NFT collection. In the past 24 hours, the Pudgy Penguins NFT collection has recorded a trading sales volume of $2.9 million. Pudgy Penguins NFT collection has a market cap of $410 million and a floor price of $42,221.

3. CryptoPunks NFT Collection

CryptoPunks, another all-time top-selling non-fungible token collection featuring a limited set of 10,000 NFTs previously created by the digital asset firm Larva Labs but now managed by the Bored Ape NFT creator Yuga Labs, is this week’s third most-selling NFT collection. In the past 24 hours, the CryptoPunks NFT collection has raised a trading sales volume of $1.8 million. The CryptoPunks NFT collection has a market cap of $1.4 billion and a floor price of $142,683.

4. Mutant Ape Yacht Club NFT Collection

Mutant Ape Yacht Club, a non-fungible token collection from the digital asset incubation studio Yuga Labs featuring a limited edition of 20,000 mutant apes hosted on the Ethereum blockchain network, is this week’s fourth most-selling NFT collection in the NFT market. In the past 24 hours, the Mutant Ape Yacht Club NFT collection has amassed a trading sales volume of 1.13 million. It has a market capitalization of $171 million and a floor price of $8,787.

5. Azuki NFT Collection

Blue chip Azuki, another all-time top-selling non-fungible token collection from the digital asset incubation studio Chiru Labs featuring a limited edition of 10,000 anime-themed NFTs hosted on the Ethereum blockchain network, is this week’s most-selling NFT collection in the NFT market. In the past 24 hours, the Azuki NFT collection has amassed a trading sales volume of $837636. It has a market cap of $170 million and a floor price of $17,094.

6. Milady Maker NFT Collection

Milady Maker, a non-fungible token collection from the web3-focused digital studio Remilia featuring a limited supply of 10,000 NFTs hosted on the Ethereum blockchain network, is this week’s sixth most-selling NFT collection in the NFT market. In the past 24 hours, the Milady Maker NFT collection has attracted a trading sales volume of $825,624. The Milady Maker NFT has a market capitalization of $221 million and a floor price of $22,182.

7. Solana Monkey Business NFT Collection

Solana Monkey Business, a non-fungible token collection featuring a limited supply of 5,000 unique 24×24 pixels Monkeys stored on the Solana blockchain network, is this week’s seventh most-selling NFT collection in the NFT market. In the past 24 hours, the Solana Monkey Business has recorded a trading sales volume of $533,625. The Solana Monkey Business NFT has a market capitalization of $31 million and a floor price of $6,219.

8. Mad Lads NFT Collection

Mad Lads, a non-fungible token collection from the Solana infrastructure development project Backpack featuring a limited supply of 10,000 NFTs hosted on the Solana blockchain network, is this week’s eighth most-selling NFT collection in the NFT market. In the past 24 hours, the Mad Lads