Market Capital for Ethereum NFTs Reach $11.3 Billion
NFT
Nicely-known Cryptocurrency, DeFi, and NFT analytics platform Nansen has revealed that the present estimated market capital for Ethereum NFTs is 7.04M ETH ($11.3 Billion). As per the on-chain knowledge agency, this market cap estimation holds true for the highest 1500 Ethereum NFT collections.
As per the record of prime 10 Ethereum NFT assortment with respect to its market capital, CryptoPunks has the most important market capital of 1.05 Million ETH (USD $1.6 Billion). The NFT assortment has seen a soar of two.7% in its flooring worth prior to now 24 hours. One other widespread NFT assortment, Bored Ape Yacht Membership has a market cap of 957,255 ETH (USD 1.5 Billion).
Now we have market cap for the NFT collections however not compared to ETH or BTC historical past mcap – maybe it is one thing we may add to our NFT Tendencies dashboard 👍
The present estimated mcap for ethereum NFTs (prime 1500 collections) is 7.04M ETH ($11.3B) https://t.co/YkKdm6DcRA pic.twitter.com/MYvMTTWNVZ
— Nansen 🧭 (@nansen_ai) January 26, 2023
Otherdeed by Otherside has grabbed the third place on the record of prime ETH NFT collections, with the market cap of 363,988 ETH ($584 Million). Mutant Ape Yacht Membership is third on the record with the all-time market capital of $318,890 ETH (USD 511 Million).
Chiru Labs’ Azuki has a market capital of 192,853 ETH and is fifth on the record of all-time prime ETH NFT collections.
Sixth on the record is Chromie Squiggle NFT Assortment which is created by Snowfro (AKA Erick Calderon) and has a market capital of 186,214 ETH. In style Japanese artist, Takashi Murakami’s CloneX has a market capital of 141,053.ETH (US$ 226 Million) and ranks seventh.
Fidenza with 124, 584 ETH is eighth on the chart of the most important NFT assortment by way of Market Capital.
Doodles is within the ninth place on the subject of its market capital of 91, 766 ETH, and Moonbirds which has a set of 10000 PFPs is final on the record with a market cap of 88,290.
