CryptoPunks leads November NFT market rally with 47% floor price increase
According to data, the NFT market recovered significantly in November, with CryptoPunks outperforming and far outperforming other popular collectibles.On 25 November, the floor price of CryptoPunks reached 37.68 ETH, the highest level since May. Compared to the 25.35 ETH floor price recorded at the beginning of the month, this price represents a significant increase of 47%. In comparison, BAYC, Milady Maker and Pudgy Penguins rose 7 per cent, 34 per cent and 28 per cent, respectively, over the same period, for an average increase of around 34.5 per cent, significantly lagging CryptoPunks' 47 per cent rise.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin is back on track: will it break 100,000 this weekend?
XRP Surges 14%, Nears $1.70 as Bulls Eye $2 Mark
The rally began in November after Republican election wins boosted confidence in US-linked tokens like Ripple-backed XRP.
Price analysis 11/29: BTC, ETH, SOL, BNB, XRP, DOGE, ADA, AVAX, TON, SHIB
Here is Why SUI Could Reach $28 If Bitcoin Crosses the $100k Barrier
SUI hit an ATH of almost $4 this month. One analyst thinks it could 7X that soon.