Non-fungible tokens (NFTs) outperformed their fungible peers over the past seven days, with the 10 largest collections registering a 6.4% average gain in the period, according to price aggregator NFT Price Floor.
Meanwhile, the fungible token sector registered an average performance of negative 8.6%, with only native tokens from centralized exchanges recording positive returns.
Mixed performance
The NFT collection with the most significant upside was the Space Doodles, with a 44.7% upside in their dollar-nominated price.
Pudgy Penguins’ secondary collection, Lil Pudgys, went up by 35.1% and had the second-largest returns among the top 10 collections. This performance was closely followed by Space Doodles’ primary collection, Doodles, and its 34.8% weekly growth.
Azuki and Pudgy Penguins also recorded positive movements, increasing 14.2% and 14%, respectively. Read Full Article at: CryptoSlate
Discover more from myNFTledger.com
Subscribe to get the latest posts sent to your email.