The Dark Side Of NFTs – Here’s The Top Ten NFTs That Have Faced Brutal Downturn Lately

The non-fungible token market, which as soon as spiked into huge highs someday in 2021, has declined in current months. Though the market has been making an attempt to retest market hype, with many NFTs making an uptrend, a number of NFTs are nonetheless spiraling downwards. Beneath we’ve got listed a few of the NFTs that confronted brutal downtrend of their flooring worth in current days:

NFT Flooring Worth: Supply: NFT Floorprice.com

1. Wrapped CryptoPunks NFTs

Wrapped CryptoPunks is an NFT assortment that includes authentic CryptoPunks wrapped with ERC-20. The NFT assortment has spiraled downward in current weeks whereas different NFTs march ahead. Prior to now seven days, the NFT assortment has dropped 58% in its flooring worth. Wrapped CryptoPunks flooring worth has dropped from round 90 ETH to 56.41 ETH.

2. Bored Ape Yacht Membership NFTs

Bored Ape Yacht Membership, the NFT assortment from digital asset agency Yuga Labs that includes a restricted version of 10,000 NFTs, has lately confronted a brutal comedown. Prior to now seven days, the NFT assortment has plummeted 19% in its flooring worth. The Bored Ape Yacht Membership NFTs flooring dropped from round 35 to 30 ETH.

3. Azuki NFTs

Blue-chip Azuki is an NFT assortment from digital asset agency Chiru Labs that includes a set set of 10,000 NFTs. Though the Azuki NFT assortment has lately recorded optimistic positive aspects in gross sales quantity, its flooring worth is down 56%. Azuki NFTs assortment fell from round 14 ETH final week to six ETH.

4. DeGods NFTs

DeGods is a group of PFP NFTs that includes godly characters with trendy streetwear and historic deity-inspired artwork. The NFT assortment has plummeted in current weeks, dropping 19% in its flooring worth. DeGods has dropped from round 8.44 ETH to 7.10 ETH up to now seven days.

5. CryptoPunks

CryptoPunks is an NFT assortment beforehand from digital asset incubation studio Larva Labs that includes a restricted of 10,000. The NFT assortment has plummeted in current weeks, with its flooring worth falling 10% up to now seven days. CryptoPunks flooring worth dropped from round 47 ETH to now 43 ETH.

6. Proof Collective NFTs

The PROOF Collective is an NFT assortment made up of 1,000 an identical NFTs minted on the Ethereum blockchain. This NFT assortment has plummeted in current weeks. Its flooring worth has dropped 14% to five.79 ETH up to now seven days.

7. Beeple Genesis NFT Assortment

Beeple Genesis Assortment is an NFT assortment from digital artist Mike Winkelmann, popularly generally known as “Beeple”, that includes a restricted assortment of 102 NFTs. Beeple’s NFT assortment has dropped in current days. Beeple NFT assortment has dropped 7.42% to 55 ETH up to now seven days.

8. Mutant Ape Yacht Membership NFTs

Mutant Ape Yacht Membership is an NFT assortment from digital asset agency Yuga Labs that includes a restricted set of 20,000 NFTs. The NFT assortment has lately dropped in gross sales. Prior to now seven days, Mutant Ape Yacht Membership’s flooring worth has dropped 28% to five.2 ETH.

9. Pudgy Penguins NFTs

Pudgy Penguins is a non-fungible token (NFT) challenge comprising a restricted assortment of 8,888 cute chubby birds-themed NFTs. Pudgy Penguins have recorded detrimental positive aspects in current weeks. Pudgy Penguins’ flooring worth has dropped 10% to three.68 ETH up to now seven days.

10. Milady Makers NFTs

Milady Maker is an NFT assortment from digital asset agency Remilia that includes a restricted set of 10,000 NFTs. The NFT assortment has plummeted in current weeks. Milady Maker’s flooring worth has declined by 7.02% up to now seven days to 2.78 ETH. The final time Milady Makers NFTs surged was final month after Billionaire Elon Musk tweeted about them.

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