NFT sector surges in November: top collections, concept tokens, and multi-chain sales all rise sharply.

#NFT板块领涨 11 November's encrypted NFT sector shows a leading trend. Whether it’s core NFT collectibles or related concept tokens, both have performed outstandingly, while multi-chain sales have also increased simultaneously, boosted by factors such as mainstream collaborations. The specific situation is as follows:

1. Top NFT collectibles lead the surge: CryptoPunks is the main force leading this month, with a trading volume of $49 million in November, an increase of 392% compared to October, with multiple collectibles selling for over $150,000. BAYC’s weekly increase reached 75.79%, and the daily trading volume hit 1486 ETH; Pudgy Penguins' floor price stabilized at 14.869 ETH, with a weekly increase of nearly 30%. Its team’s launched token, PENGU, has also gained widespread attention due to its generous community airdrop plan.
2. NFT concept tokens surge rapidly: The IMX of the Immutable ecosystem has risen for four consecutive weeks, with a single-day increase of 17%, breaking resistance lines to form a bullish 'cup and handle' pattern. Analysts predict a 68% increase potential, with a target price of $1.064. The pre-sale of Magic Eden's ME token was explosive, with prices once soaring to $11, currently stabilizing around $5. Its trading volume in November reached $600 million, with the platform's monthly active addresses reaching 300,000.
3. Multi-chain NFT sales significantly increase: In November, the overall NFT sales exceeded $562 million, setting a new high in nearly six months. Among them, Ethereum network sales exceeded $216 million, while Bitcoin ecosystem NFT sales surged by 99.44% to $186 million, making the two ecosystems the core support for the sector's leading trend; both Blur and OpenSea platforms also performed well, with trading volumes of $271 million and $161 million, respectively.
4. Core drivers behind the surge: On one hand, the NFT application field has become the third fastest-growing sector in the crypto field, with a growth rate of 47.6%, attracting significant liquidity inflow; on the other hand, Amazon's collaboration with Otherside to launch NFT retail sales projects has lowered the barriers for NFT purchases, promoting its mainstream penetration. At the same time, Ethereum's price rebound and top projects activating communities through token airdrops have also injected strong momentum into the sector's rise.