ReadNOW

The non-fungible token market, led by the Ethereum-based non-fungible token collections, has seen vital plunges this week, marked by a lower in gross sales quantity and flooring worth worth. Previously seven days, nearly all of Ethereum NFT collections have plunged by over 10% in gross sales quantity from the previous week. The downturn is linked to a broader crypto market downturn and a cooling of speculative fervor.

Ethereum Pulls Again From ATH

Information compiled by CoinGecko.com, an on-chain crypto market aggregator, reveals that Ethereum, the second main crypto asset by market capitalization, has pulled again from its latest report excessive. Ethereum exploded final week to an all-time excessive of $4,960 for the primary time because the NFT and crypto market in 2021. The crypto market rally was fueled by the Fed chair Jerome Powell’s latest remarks on lowering rates of interest on crypto merchandise.

Sadly, the crypto market hearth didn’t final lengthy, inflicting Ethereum to tug again from its ATH. Ethereum (ETH) has fallen from its August 2025 all-time excessive of almost $4,950 on account of a wave of profit-taking, excessive liquidations, and broad market pressures, even amid vital institutional curiosity. After its preliminary surge, components like deleveraging and a flight from dangerous belongings pulled its worth again. The opposite motive why the Ethereum worth rally has pale was on account of a scarcity of a transparent coverage installment.

Crypto and non-fungible token markets have a powerful relationship like that of a mom and little one. The latest pullback of the Ethereum worth from its all-time excessive has had some impact on the Ethereum-based NFT collections. Previously seven days, many Ethereum-based NFT collection have plunged by way of buying and selling gross sales quantity and flooring worth worth. Beneath, now we have listed the highest losers amid the brief NFT market downturn.

Blue chip NFTs Sink +10%

Doodles, a non-fungible token assortment from the digital artist Burnt Toast that includes a restricted set of 10,000 cartoon characters hosted on the Ethereum blockchain community, is without doubt one of the NFT collections that has seen a big impression amid the brief NFT meltdown. Previously seven days, the Doodles NFT flooring worth has plunged by 20% from the previous week. Its NFT flooring worth fell to 0.73 ETH.

Pudgy Penguins, a globally acknowledged non-fungible token assortment from the digital belongings firm Igloo, that includes a hard and fast set of 8,888 penguin birds created on the Ethereum blockchain community, is one other NFT assortment that has recorded adverse progress amid the latest brief NFT market meltdown. Previously seven days, the Pudgy Penguins NFT assortment has seen its NFT flooring worth drop 17% to 10.47 ETH.

Supply: Defillama, Prime NFT collections by NFT flooring worth previously seven days

Moonbirds, a non-fungible token assortment that includes a hard and fast provide of 10,000 beforehand created on the Ethereum blockchain community by the digital asset agency Proof Collective, however now managed by Orange Cap Video games, has additionally recorded adverse progress because the latest Ethereum pullback. Previously seven days, the Moonbirds NFT assortment has seen its flooring worth worth fall 14% to 2.79ETH.

Mutant Ape Yacht Membership, a non-fungible token assortment from the digital asset agency Yuga Labs, that includes a restricted version of 20,000 mutant apes hosted on the Ethereum blockchain community, has additionally recorded adverse progress amid the brief NFT market meltdown. Previously seven days, the Mutant Ape Yacht Membership has seen its flooring worth worth plunge 15% to 1.36 ETH from the previous week. That is the bottom NFT flooring for Mutant Ape NFTs since 2021.

Although many non-fungible token collections have suffered heavy losses, not all NFT collections have retreated. CryptoPunks, which remained the highest NFT assortment by market cap, has proven relative resilience, dropping only one.33% over the week. Punks is a globally acknowledged NFT assortment that includes a restricted version of 10,000 pixilated NFTs beforehand created by the digital asset agency Larva Labs however now managed by Infinite Node Basis.

Associated NFT Information: