๐จ NFT Market EXPLODES 21% Overnight โ Total Cap Hits $6.3B! ๐ฅ
The NFT space just came back to life in one of the biggest single-day moves in months โ
๐ Market cap jumped from $5.1B โ $6.3B (+21%) in less than 24 hours!
But what triggered this massive move? Letโs break it down ๐
๐ฅ The Catalyst: A Mega CryptoPunks Sweep
๐ง A brand-new wallet 0x1bb3 swept 45 CryptoPunks, spending 2,082 ETH (~$5.87M).
๐งพ That wallet now holds 1,700+ ETH worth of NFTs โ mostly iconic blue chips.
๐ Floor price of CryptoPunks jumped 14% to ~$175K.
๐ฐ Daily sales surged 11,143%, hitting $14.7M+....
๐ Blue-Chip NFTs Followed the Surge:
๐น Moonbirds: +31.1%..
๐น Pudgy Penguins: +2.7%...
๐น Bored Ape Yacht Club: +6.9%...
๐น Infynex Patron: +9.4%...
๐ Big money is rotating back into iconic NFT collections.
๐ก Ethereum Dominance Holds Strong:
๐ธ $32M in 24h NFT sales (โฌ๏ธ 339%)..
๐ธ 5,400+ buyers and 6,000+ sellers active
Other chains like Solana, BNB & Bitcoin also rose โ but not as sharply....
๐ง What It Means:
This could signal a major sentiment shift in NFTs ...
๐ From months of dead volume โ to fresh high-value trades...
๐ฏ Ethereum-based blue chips are still leading the culture & capital.
โ ๏ธ Analysts Say:
โThis might be the beginning of a broader NFT recovery โ but expect volatility.โ
๐ฅ The NFT market remains unpredictable and closely tied to overall crypto trends.
๐ฃ๏ธ Are NFTs back for real โ or is this just a whale pump?
#NFTRebound #OpenSea #CryptoPunksRally #NFTTrading #ETHNFTs #BinanceSquare #TokenTerrac
