NodeMonkes have risen to the 8th spot in total market cap for NFT projects, with a floor price ranking of 4th. Ethereum remains dominant for top PFP collections. Despite a broader crypto surge, NFTs are stagnant with some projects below mint price.
While broader crypto is heading for new ATHs, NFTs are stagnant. Many hyped mints of the last weeks are even close to (or below) mint price. In my opinion, there are several reasons for this: - Floor price USD value re-pricing after the pump in crypto. - NFTs in many cases…
Here are the top 16 pfp NFT projects sorted by floor price. A few interesting observations: 1️⃣ 10 of the top 16 collections are on ETH. Ethereum still seems to be the dominant chain for the top pfp collections. 2️⃣ Ordinal collections are still undervalued. If the thesis is… https://t.co/1Y2D6AejD7
Most valuable NFT projects by USD market cap The NodeMonkes have moved to the 8th spot for total market cap for an NFT project and Tensorians have fallen off the top 20. Creepz have jumped to #11. In terms of floor price, NodeMonkes are now #4, behind punks, BAYC, and… https://t.co/iRue7McgUa