Some NFTs (Non-Fungible Tokens) have recorded a rise in their floor prices despite the ongoing crypto bear market. The price floor of Azuki for instance has risen by 4.04% in the last 24 hours, reaching 11.5 ETH.
The collection has generated a 24-hour trading volume of 1,343.6 ETH. Azuki has a 7D average sale price of 13.554 ETH and a 7D highest sale price of 135.00 ETH. The NFT project has a 7D lowest sale price of 9.89 ETH and a floor cap of 115,000 ETH.
The Azuki NFT project comprises 10,000 NFTs stored on the Ethereum blockchain. The collection was created by Azuki and launched on 12-1-2021. The NFTs simply represent hand-drawn artworks and they grant their holders access to The Garden.
Renga Black Box, a Metaverse NFT collection created by Renga Inc., has also recorded a significant rise in the price floor. The price floor of the collection has risen by 13.27% in the last 24 hours, reaching 2.76 ETH. The NFT project has a 7D average sale price of 2.5586 ETH and a 7D highest sale price of 4.321 ETH. The 7D lowest sale price for the collection is 2.1883 ETH. Renga Black Box has a maximum supply of 9,850 NFTs and is currently ranked at position #23 in terms of the NFT price floor.
However, the famous Bored Ape Yacht Club (BAYC) and CryptoPunks NFTs have each recorded a drop in their price floors by -1.73% and -1.46% respectively.
The two NFT projects are owned by Yuga Labs. CryptoPunks were originally developed by Larva Labs but Yuga Labs later acquired its IP rights. Currently, the BAYC NFTs have a price floor of 65.35 ETH while the CryptoPunks have a price floor of 63.95 ETH. The BAYC NFT project is ranked #1 in the NFT price floor while the CryptoPunks is ranked #2.
Other notable NFT projects have also defied the crypto bear market and recorded a spike in price floor. Examples include the Mutant Ape Yacht Club (MAYC) whose price floor rose by 1.45%, The Sandbox, a Metaverse project whose price floor has risen by 3.7%, and the Bored Ape Kennel Club (BACK) whose price floor has risen by 5.02%. Doodles’ price floor has also risen by 3.89%.
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