ETH NFT Market Downturn Hits Top Collections, Persona Bucks Trend, Moonbirds, Pixelmon, Rektguy Affected by ETH Value

The ETH NFT market is experiencing a downturn with various collections like Bored Ape Yacht Club, Pudgy Penguins, and Moonbirds seeing significant drops in value. However, Persona is bucking the trend with a 23% increase. Pudgy Penguins, a popular collection, has experienced a 40% pullback from its all-time high but is expected to bounce back. Despite the overall market decline, some legacy collections like Pixelmon and Rektguy are offering potential buying opportunities. NFT prices for top collections like Pudgy Penguins, Bored Ape Yacht Club, and Azuki have decreased due to the rise in ETH value, leading to a market correction.