After a massive $1.2B wipeout in Friday’s market crash, the NFT sector is showing early signs of recovery — but top collections are still under pressure.
📉 BAYC, Pudgy Penguins, and CryptoPunks continue to trade in the red, reflecting overall cautious sentiment among investors. $ETH Ethereum’s NFT volume picked up slightly in the last 24 hours, but floor prices haven’t fully recovered yet.
📊 Market Watch:
Total NFT market cap saw a short-term bounce, hinting at possible stabilization.
Blue-chip collections remain down but attract dip buyers.
Investor focus is shifting to long-term fundamentals and utility-driven projects.
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