Ethereum

2024

Daily

<p>Ethereum, a decentralized blockchain network renowned for powering the majority of blue-chip non-fungible token collections, is once again the star of the NFT market. Ethereum began shining in the NFT market earlier this week after most blue-chip NFTs spearheaded by the famous Bored Ape Yacht Club retested a short-market bull run.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Bored Ape Yacht Club <a href="https://t.co/1vTWEi91Ue" rel="noopener noreferrer nofollow">pic.twitter.com/1vTWEi91Ue</a></p>
 <p>— GordonGoner.eth (Wylie Aronow) 🍌 (@GordonGoner) <a href="https://twitter.com/GordonGoner/status/1824273385670709423?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 16, 2024</a></p>
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<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Data compiled by <a href="https://www.cryptoslam.io/" rel="noopener noreferrer nofollow">CryptoSlam.io</a>, an on-chain crypto market data analytics firm and a renowned non-fungible token explorer, shows that the Ethereum-based non-fungible token collections have significantly surged this week. In the past 24 hours, the Ethereum-based NFT collection has attracted a trading sales volume of $6.8 million, up 54% from the past day.</p>
<p><img decoding="async" class="alignnone wp-image-565277" src="https://insidebitcoins.com/wp-content/uploads/2024/08/Daily-Ethereum-NFT-sales-300x142.png" alt="Daily Ethereum NFT sales" width="835" height="396" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/Daily-Ethereum-NFT-sales-300x142.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/Daily-Ethereum-NFT-sales-130x63.png 130w, https://insidebitcoins.com/wp-content/uploads/2024/08/Daily-Ethereum-NFT-sales-104x50.png 104w, https://insidebitcoins.com/wp-content/uploads/2024/08/Daily-Ethereum-NFT-sales-83x40.png 83w, https://insidebitcoins.com/wp-content/uploads/2024/08/Daily-Ethereum-NFT-sales.png 604w" sizes="(max-width: 835px) 100vw, 835px"></p>
<h2 id="bored-ape-leads-again-in-daily-nft-sales-volume">Bored Ape Leads Again In Daily NFT Sales Volume</h2>
<p>Bored Ape Yacht Club, a non-fungible token collection from the digital asset incubation studio Yuga Labs that features a limited supply of 10,000 NFTs hosted on the Ethereum blockchain network, is the new NFT market leader. Bored Ape broke its recent resistance barrier earlier this week and quickly jumped over 100% in trading sales volume.</p>
<p>Base on data from <a href="https://www.coingecko.com/en/nft/bored-ape-yacht-club" rel="noopener noreferrer nofollow">CoinGecko.com</a>, another crypto market data aggregator and a non-fungible token floor price explorer, indicates that Bored Ape’s floor price jumped from 9.8 ETH on August 14, 2024, and shoot to 12.69 ETH on August 15, 2024. At the time of publishing, the Bored Ape Yacht Club’s floor price is consolidating around 12.58 ETH after a recent rally.</p>
<p><img decoding="async" class="alignnone  wp-image-565351" src="https://insidebitcoins.com/wp-content/uploads/2024/08/chart-2-300x219.png" alt=" Bored Ape chart (2)" width="836" height="610" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/chart-2-300x219.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/chart-2-1024x747.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/chart-2-768x561.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/08/chart-2-1536x1121.png 1536w, https://insidebitcoins.com/wp-content/uploads/2024/08/chart-2.png 1644w" sizes="(max-width: 836px) 100vw, 836px"></p>
<p>In the past 24 hours, the Bored Ape Yacht Club NFT collection has led the global NFT market chart with a trading sales volume of $1.4 million. During this time, Bored Ape NFT trading sales volume has surged 106% from the past day. Today is the third day the Bored Ape Yacht Club is dominating the NFT market chart. Its recent market change has pushed it to trend on X.</p>
<p><img decoding="async" class="alignnone  wp-image-565348" src="https://insidebitcoins.com/wp-content/uploads/2024/08/Bored-Ape-On-X-300x103.png" alt="Bored Ape On X" width="833" height="286" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/Bored-Ape-On-X-300x103.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/Bored-Ape-On-X.png 516w" sizes="(max-width: 833px) 100vw, 833px"></p>
<h2 id="pudgy-penguins-pumps-105-in-daily-nft-sales-volume">Pudgy Penguins Pumps 105% In Daily NFT Sales Volume</h2>
<p>Pudgy Penguins, another blue-chip non-fungible token collection from the digital asset firm Igloo Inc. featuring a limited supply of 8,888 NFT hosted on the Ethereum blockchain network, has also seen a significant surge this week. In the past 24 hours, the Pudgy Penguins NFT has recorded a trading sales volume of $940,841, up 105% from the past day. Pudgy Penguins NFT floor price has also climbed from 8.2 ETH on August 12, 2024, to 9.6 ETH on August 15, 2024.</p>
<p><img decoding="async" class="alignnone  wp-image-565354" src="https://insidebitcoins.com/wp-content/uploads/2024/08/chart-3-300x219.png" alt="Pudgy Penguins chart (3" width="840" height="613" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/chart-3-300x219.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/chart-3-1024x747.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/chart-3-768x561.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/08/chart-3-1536x1121.png 1536w, https://insidebitcoins.com/wp-content/uploads/2024/08/chart-3.png 1644w" sizes="(max-width: 840px) 100vw, 840px"></p>
<h3 id="related-nft-news">Related NFT News:</h3>
<ul>
 <li><a href="https://insidebitcoins.com/news/bored-ape-pudgy-penguins-soar-100-in-daily-sales-volume-are-nfts-back" rel="noopener noreferrer nofollow">Bored Ape &amp; Pudgy Penguins Soar +100% In Daily Sales Volume – Are NFTs Back?</a></li>
 <li><a href="https://insidebitcoins.com/news/crypto-and-nft-hardware-wallet-creator-ledger-marks-10-years-since-launch" rel="noopener noreferrer nofollow">Ledger Launches New Crypto &amp; NFT Hardware Wallets To Mark 10 Years Since Launch</a></li>
 <li><a href="https://insidebitcoins.com/news/nft-company-pudgy-penguins-confirms-attendance-at-coinfest-asia-2024-in-bali-indonesia" rel="noopener noreferrer nofollow">NFT Company Pudgy Penguins Confirms Attendance At Coinfest Asia 2024 In Bali, Indonesia</a></li>
</ul>

Bored Ape NFTs Are Mooning Again – Pump 106% In Daily NFT Sales Volume

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