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Top 10 NFT collections outperform fungible tokens in weekly returns

  • Non-fungible tokens (NFTs) outperformed their fungible peers over the past seven days, with the 10 largest collections registering a 6.4% average gain.
  • The NFT collection with the highest upside was Space Doodles, with a 44.7% increase in their price.
  • However, popular NFT collections like Bored Ape Yacht Club and CryptoPunks experienced negative returns, impacting the overall average.
  • Despite the positive performance, NFT sales volume on popular blockchains like Ethereum and Bitcoin saw a decline.

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