🐳💰🚀Digital Whales Ignite the NFT Market: Explosion in Prices and Trades Jump 344% in Just One Day📈🚀🌟
On July 21, 2025, the non-fungible token (NFT) market witnessed a strong comeback after recording one of the largest surges in recent months. The total market value increased by more than 22% within 24 hours, rising from $5.1 billion to approximately $6.4 billion.
💥*Key Events in the NFT Market:*
✅ Price Increases:* The floor price of the CryptoPunks collection rose by 16% to 47.5 Ethereum (around $179,000).
✅ Elite Digital Collections:* Pudgy Penguins surged by 15% to 16.75 Ethereum (around $63,500), while Moonbirds experienced a strong jump of 34%, and Lil Pudgys by 17%.
✅ Trading Volume:* Daily trading volume increased by 344% to $42.7 million, the highest level recorded in over six months.
💥*Return of Whales to the Market:*
✅ Major Purchase:* A new wallet spent approximately 2,082 Ethereum (around $5.7 million) to buy 45 assets from the CryptoPunks collection in just a few hours.
✅ Whale Impact:* This purchase contributed to price increases and boosted market enthusiasm.
💥General Event.
✅ Rise of the Cryptocurrency Market:* Ethereum's price surpassed $3,800, while Bitcoin stabilized above $119,000.
✅ Investor Sentiment:* This rise reinforced investor interest in digital assets.
