This week, NFT collectibles saw a significant 33.68% decline in sales, totaling $126.17 million, down from $200 million the previous week. The drop reflects growing pessimism in the cryptocurrency market, driven by global uncertainties, including a looming trade war between the U.S. and other nations.
Among major collections, Azuki's sales plummeted by 77%, while Pudgy Penguins rose to the top despite a 12% decline. The Courtyard collection by Polygon saw an 80% increase. Leading blockchain networks like Ethereum, Bitcoin, and Solana also experienced substantial sales drops, while some smaller networks, like BASE and Avalanche, saw gains.
Despite the downturn, the number of buyers increased by 29%, though investment levels remained cautious.