Blue Chip NFTs Tank +10% After Ethereum Fall Again From ATH

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Ethereum Pulls Again From ATH Blue chip NFTs Sink +10%Associated NFT Information:

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The non-fungible token market, led by the Ethereum-based non-fungible token collections, has seen vital plunges this week, marked by a lower in gross sales quantity and ground worth worth. Prior to now seven days, nearly all of Ethereum NFT collections have plunged by over 10% in gross sales quantity from the previous week. The downturn is linked to a broader crypto market downturn and a cooling of speculative fervor.

Ethereum Pulls Again From ATH

Information compiled by CoinGecko.com, an on-chain crypto market aggregator, exhibits that Ethereum, the second main crypto asset by market capitalization, has pulled again from its latest document excessive. Ethereum exploded final week to an all-time excessive of $4,960 for the primary time for the reason that NFT and crypto market in 2021. The crypto market rally was fueled by the Fed chair Jerome Powell’s latest remarks on lowering rates of interest on crypto merchandise.

Blue Chip NFTs Tank +10% After Ethereum Fall Again From ATH

Sadly, the crypto market hearth didn’t final lengthy, inflicting Ethereum to tug again from its ATH. Ethereum (ETH) has fallen from its August 2025 all-time excessive of almost $4,950 as a result of a wave of profit-taking, excessive liquidations, and broad market pressures, even amid vital institutional curiosity. After its preliminary surge, components like deleveraging and a flight from dangerous belongings pulled its worth again. The opposite motive why the Ethereum worth rally has pale was as a result of a scarcity of a transparent coverage installment.

Crypto and non-fungible token markets have a powerful relationship like that of a mom and youngster. The latest pullback of the Ethereum worth from its all-time excessive has had some impact on the Ethereum-based NFT collections. Prior to now seven days, many Ethereum-based NFT sequence have plunged by way of buying and selling gross sales quantity and ground worth worth. Beneath, now we have listed the highest losers amid the brief NFT market downturn.

Blue chip NFTs Sink +10%

Doodles, a non-fungible token assortment from the digital artist Burnt Toast that includes a restricted set of 10,000 cartoon characters hosted on the Ethereum blockchain community, is likely one of the NFT collections that has seen a big influence amid the brief NFT meltdown. Prior to now seven days, the Doodles NFT ground worth has plunged by 20% from the previous week. Its NFT ground worth fell to 0.73 ETH.

Pudgy Penguins, a globally acknowledged non-fungible token assortment from the digital belongings firm Igloo, that includes a set set of 8,888 penguin birds created on the Ethereum blockchain community, is one other NFT assortment that has recorded destructive development amid the latest brief NFT market meltdown. Prior to now seven days, the Pudgy Penguins NFT assortment has seen its NFT ground worth drop 17% to 10.47 ETH.

Defilama, top ten NFT collections by sales volume

Supply: Defillama, High NFT collections by NFT ground worth previously seven days

Moonbirds, a non-fungible token assortment that includes a set provide of 10,000 beforehand created on the Ethereum blockchain community by the digital asset agency Proof Collective, however now managed by Orange Cap Video games, has additionally recorded destructive development for the reason that latest Ethereum pullback. Prior to now seven days, the Moonbirds NFT assortment has seen its ground worth worth fall 14% to 2.79ETH.

Mutant Ape Yacht Membership, a non-fungible token assortment from the digital asset agency Yuga Labs, that includes a restricted version of 20,000 mutant apes hosted on the Ethereum blockchain community, has additionally recorded destructive development amid the brief NFT market meltdown. Prior to now seven days, the Mutant Ape Yacht Membership has seen its ground worth worth plunge 15% to 1.36 ETH from the previous week. That is the bottom NFT ground for Mutant Ape NFTs since 2021.

Though many non-fungible token collections have suffered heavy losses, not all NFT collections have retreated. CryptoPunks, which remained the highest NFT assortment by market cap, has proven relative resilience, dropping just one.33% over the week. Punks is a globally acknowledged NFT assortment that includes a restricted version of 10,000 pixilated NFTs beforehand created by the digital asset agency Larva Labs however now managed by Infinite Node Basis.