2026-01-14 10:41:53

According to the latest data from CoinGecko, the total market capitalization of NFTs has once again surpassed the $3 billion mark. In this rebound, mainstream blue-chip NFT projects performed remarkably well. CryptoPunks increased by over 8% in the past 7 days, BAYC rose by more than 9%, and Pudgy Penguins also rebounded by over 4%. From the floor price perspective, major leading projects have shown varying degrees of recovery, indicating that the market is gradually recovering.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

7 Likes

Reward
7
4
Repost
Share

Comment

0/400

GateUser-ccc36bc5

· 11h ago

Wait, BAYC is up over 9%? Is this a rebound? My bottom-fishing is still in the basement.

View OriginalReply0

StableNomad

· 11h ago

ngl the floor price recovery is statistically significant but... reminds me of UST bouncing before it went full nuclear. not saying history repeats, but the risk-adjusted returns on these bags still feel off.

Reply0

BearMarketHustler

· 11h ago

Wait a minute, CryptoPunks only increased by 8%? This rebound seems a bit weak. --- BAYC up 9% sounds good, but it feels like it will drop again after this rebound, is that true? --- Market cap of 3 billion? Last year at this time, it doubled or more, and now it's like this. --- Pudgy Penguins only rebounded 4%? Where is the bottom? --- Every time they say the market is recovering, but what happens? Still the same old trick of cutting the leeks. --- The floor price recovery ≠ market uptrend, don’t be led by the rhythm, everyone. --- Blue chips are rebounding, does that mean it’s going up? Feels like a flash in the pan again. --- When was this data updated? It’s still falling these days. --- A 9% increase is honestly pretty good, but the question is, can it hold up afterward? --- They’re starting to tell stories again. Let’s wait and see, don’t FOMO.

View OriginalReply0

MemeCoinSavant

· 11h ago

yo the floor price recovery on these bluechips is actually textbook mean reversion... ran some quick sentiment analysis on the on-chain data and the memetic coefficient is looking statistically significant ngl

Reply0