Welcome to the weekly summary of hot NFT ecosystem events produced by NFT infrastructure NFTScan.
Period: 2024.12.16~ 2024.12.22
NFT Hot News
01/ Pudgy Penguins floor price exceeded 34 ETH, Lil Pudgys exceeded 4 ETH
On December 16, data showed that the floor price of the NFT series Pudgy Penguins broke through 34 ETH and is now 34.2 ETH (about US$137,000), with a 24-hour increase of 22.5%; Lil Pudgys broke through 4 ETH and is now 4.24 ETH (about US$17,000), with a 24-hour increase of 20.9%.
02/ Mocaverse floor price breaks through 2.9 ETH, with a 24-hour increase of 79%
On December 16, data showed that the floor price of the NFT series Mocaverse broke through 2.9 ETH and is now reported at 2.96 ETH (about US$11,860), with a 24-hour increase of 79%.
03/Vana-driven NFT series V-On-Vana's floor price rose by more than 120% in 24 hours and then fell to 0.4 ETH, a drop of more than 80% in 1 hour
On December 16, according to data, the floor price of V-On-Vana, an NFT series powered by Vana, rose to 2.88 ETH (about $11,232), an increase of more than 120% in 24 hours. Subsequently, the floor price fell to 0.4 ETH (about $1,560), a drop of 85% in 1 hour.
04/ NFT project CyberKongz received a Wells notice from the US SEC
On December 17, the NFT project CyberKongz announced that it had received a Wells Notice from the U.S. Securities and Exchange Commission (SEC). The team stated, “The SEC demonstrated a complete lack of understanding of blockchain technology, which led to unfair accusations and inaccurate information. The SEC Enforcement Division made very worrying remarks to us that tokens (ERC-20) cannot be used in conjunction with blockchain games if they are not registered as securities.
05/ Pudgy Penguins CEO: PENGU tokens will be available for redemption at 21:00 on December 17
On December 17, Luca Netz, CEO of the NFT project Pudgy Penguins, announced that PENGU tokens will be available for redemption at 21:00 Beijing time on December 17. Pudgy Penguins, Lil Pudgys, Rogs and SBTs holders can participate. The redemption period is 88 days. Tokens that are not redeemed after the deadline will be permanently locked and destroyed.
06/ MEET48 WAND2 NFT Whitelist Mint has been opened, and Public Mint will be opened on December 20
On December 17, the MEET48 WAND2 NFT whitelist Mint was opened at 16:00 on December 16, and the Public Mint will be opened at 00:00 on December 20. Users can log in to the MEET48 official website or the market page of the MEET48 App to obtain relevant information.
07/ Pudgy Penguins: About 7 million external wallet addresses are eligible to receive PENGU tokens
On December 17, Pudgy Penguins announced in its official Discord community that, in addition to Pudgy Penguins NFT holders, approximately 7 million external wallet addresses are eligible to receive PENGU tokens, covering multiple protocol users and community members. Users can verify their eligibility through the official claiming website, with a deadline of March 15, 2025. As more users complete the claiming verification, more eligible protocols and community lists will be gradually disclosed.
08/ NFTGo acquires crypto portfolio management project Mest and will develop new products based on its source code
On December 17, Ashu, co-founder of the crypto portfolio management project Mest, published a post disclosing that the NFT analysis platform NFTGo has acquired Mest products. The specific acquisition amount has not been disclosed. NFTGo will develop new products based on the relevant source code. Ashu said that Mest had stopped development a year ago due to the market and low input-output ratio.
09/ Galaxy Research: The NFT market is showing signs of recovery, with about 90% of transactions occurring on Blur and OpenSea platforms
On December 18, according to CoinDesk, Galaxy Research said in a report that the NFT market is showing signs of recovery. For most of this year, NFT trading volume has been declining, but with the US election and the subsequent rebound in the cryptocurrency market, trading volume began to reverse in November. In early November, weekly NFT trading volume exceeded US$100 million for the first time since May, reaching US$172 million on December 2.
10/Data: Pudgy Penguins sales total over $500 million
On December 18, according to CryptoSlam monitoring data, the total sales of Pudgy Penguins has exceeded US$500 million, reaching US$517,848,546; the current on-chain sales transaction volume has reached 62,102 transactions, and the total number of NFT holders is 5,004.
11/ Doodles founder seems to hint at issuing coins, floor price rises 63.4% in 24 hours
On December 20, Burnt Toast, the founder of the NFT series Doodles, tweeted, "take ownership, keep evolving new ideas, shape communities, open minds, inspire new growth." Some users later discovered that the first letters of each word together read "token is coming," which seemed to imply that tokens would be released.
12/ OpenSea’s official NFT “Gemesis” floor price rose to 0.076 ETH, a 56% increase in 1 hour
On December 20, according to OpenSea data, since the OpenSea Foundation officially launched its NFT, the floor price of its official NFT "Gemesis" has risen to 0.076 ETH, a 56% increase in the past 16 hours. In addition, the NFT has sold 698 transactions in the past hour, with a transaction volume of 48.62 ETH.
NFT on-chain data
01\ NFT multi-chain data overview
As of December 23, 2024, NFTScan currently supports 25 mainstream blockchain networks including Bitcoin, Ethereum, BNBChain, Polygon, Solana, Mint, Avalanche, Arbitrum, Optimism, zkSync, Sei, Starknet, Aptos, Mantle, Linea, Base, TON, Blast, Gravity, Scroll, Viction, Fantom, Moonbeam, PlatON, and Cronos, generating a total of:
Number of NFT contracts: 5,298,942
Number of NFT assets: 2,431,375,856
Number of NFT on-chain records: 8,084,487,300
Total NFT asset market value: $30,629,160,483
NFT historical total transaction volume: $108,159,047,439
02\NFT Trading Market Trends
This week: Blur dominated the market, with the overall transaction volume reaching its highest point on December 17, with the Blur market reaching a peak of $36.44 million at 0:00. NFTScan recorded 233 trading markets with a total transaction volume of $229.3 million in 7 days. This week, Blur's transaction volume ranked first, and the market transaction volume distribution was relatively stable. The top six trading markets and their share distribution are as follows:
Blur: $136,848,306 (59.67%)
OpenSea: $52,131,961 (22.73%)
Tensor: $9,329,430 (4.07%)
Element: $7,925,878 (3.46%)
CryptoPunks: $7,118,911 (3.10%)
MagicEden: $6,052,118 (2.64%)
03\Top NFT Blue Chip Trends
The current total market value of the 19 blue-chip contracts is 1,204,763 ETH, accounting for 25.77% of the total NFT market value.
This week: The total transaction volume of blue-chip NFT was 52.45k ETH, the total market transaction volume was 92.43k ETH, and as of 00:00 on December 17, the transaction volume reached a maximum of about 12.5k ETH.
04\TOP 10 Wallets
NFTScan analyzed the top 1,000 NFT holding value wallet addresses, and the current top 10 holding value are shown in the figure below:
Top1 Wallet:
0xab14624691d0d1b62f9797368104ef1f8c20df83
This wallet address holds 4,815 NFTs (including 3 NFT Collections), currently holds 64,785 ETH ($213,304,612.5), and has 7,459 interactions.
05\NFT Project Ranking List
The top 10 NFT projects with the highest transaction volume on the Ethereum network are shown in the figure below:
This week, Pudgy Penguins ranked first, with the floor price stable at around 18.2e last week, and a 7d transaction volume of 23,553e; Azuki ranked second with a transaction volume of 9,602e, and the current floor price is 11.338e; Lil Pudgys ranked second with a transaction volume of 8,542e, and the current floor price is 1.88e; the overall market transaction volume and floor price of most blue-chip NFTs showed an upward trend.
06\Popular NFT Express
This week’s popular NFT is the Pudgy Penguins series:
On December 17, Luca Netz, CEO of the NFT project Pudgy Penguins, announced that PENGU tokens will be available for redemption at 21:00 Beijing time on December 17. Pudgy Penguins, Lil Pudgys, Rogs and SBTs holders can participate. The redemption period is 88 days. Tokens that are not redeemed after the deadline will be permanently locked and destroyed.
Data shows that the current floor price has exceeded 30 ETH and stabilized at 18.2 ETH, with the highest transaction price being 420 ETH. The total transaction volume on Ethereum has exceeded 482.6k ETH. The transaction distribution in the past 7 days was mainly Blur: 23.06K (85.90%); OpenSea: 3.76K (13.99%) X2Y2: 30.75 (0.11%) units of ETH, and the number of transactions in 7 days reached 1.17k times.
