After a massive single-day blue chip nfts “scan” on Sunday, investors are rushing back to the unquestionable Token (NFTS), which is backed by cryptocurrency market rally.
Coingecko data show Cryptopunks’ largest NFT series, with floor prices experiencing a 15.9% peak at 40.9 Ether (eth) to 47.50 ETH, worth over $179,000, with 83 of the NFTs snapped up by new holders in just one day.
Pudgy Penguins is the second largest collection on the market cap, already available nail More than 15% to 16.60 Ether ($62,597), there were 100 new holders “swept” the NFTS on Sunday.
The Infinex Patrons NFT series brings together the top three largest collections, which grants holders the right to govern voting Infinex protocolup 9.4% to 1.4, worth $5,241.
Other collections have also made huge gains, you are a true MVP collection that acts as a premium membership in the Memeland ecosystem, lead The gain of this packet is 1280%.
The broader NFT market is rising
A wider range NFT market value It also jumped 21.2% in the past 24 hours to more than $6.34 billion, while total sales on the day also increased by 303% to $38.7 million. according to It is for men and women.
With Cointelegraph a few months ago when reporting NFT in April Collect dropped 61% In the first quarter of 2025, it reached $1.5 billion.
Last year it was Tagged as the worst year in the market NFT trading volume and sales have been disrupted since 2020 due to volatility and rising token prices.
NFT comeback
Users on X speculate that the NFT market may gradually rise after years of decline after the climax of the 2021 cycle.
NFT community member “cirrus” explain In Sunday’s X post, they “see that someone bought a floor mutant and immediately changed their resume to a full-time Web3 consultant/consultant. We might actually be back.”
Related: Opensea CTO Overview of Tokens’ Vision Beyond NFT
Investor and former banker Taylor Warner explain He believes that “many people are underestimating the 2021 nfts.”
Blockworks co-founder Jason Yanowitz also explain The NFT is “moving, just like the NFT’s treasury is on the horizon.”
Digital artist Mike Winkelmann, also known as a buzzer Who sold NFT “Daily: First 5000 Days” $69 million in 2021, commemorate The price of new artworks he seems to have flourished, as he named “Big Sweep”.
Experts are predicting NFT rebound
Cryptoslam strategist Yehudah Petscher Tell Cointelegraph in May He believes the NFT market is expected to rebound, but its prospects are more grumpy than previous highs.
Dappradar analyst Sara Gherghelas also said in a May report Possible to make a comebackbut new catalysts are needed to fully rebound, with real-world assets as possible catalysts.
July 9, American rapper Snoop Dogg Sold a collection of nearly 1,000 NFTs This also sparked discussions about a possible market revival in telegram within 30 minutes.
Magazine: Tyler Warner tours 1,000 ETH’s round trip over the ‘Rock Star Complex’: NFT Collector