These 5 NFT collections had the most listings removed this weekend – CryptoMode
When the crypto markets take a dive, people will flock back to NFTs in search of profit. Although not always a guaranteed result, it can prove to be lucrative. The following collections all had a significant decrease in NFT listings, although that doesn’t mean their prices will go up.
Nickelodeon (-4.67%)
The Nickelodeon NFT collection further illustrates the appeal of non-fungible token technology in a mainstream setting. The children’s TV channel decided to – with the help of RECUR – tokenize Rugrats and Hey Arnold! on the Ethereum blockchain. The collection spans over 4,200 items and has an average price floor of 0.02 ETH. With 196 listings removed from marketplaces in the last 24 hours, there may be some price momentum on the horizon. However, 19.22% of the collection is still on marketplaces, which may prevent real price change.
Moonbirds Oddities (-1.6%)
The Moonbirds Oddities collection has been around for a while and continues to generate a decent daily trading volume. While 72 ETH over 46 sales may not seem impressive, most collections can only dream of such figures. The price floor of 1.22 ETH is a decrease of 5.38%, but there are also 160 fewer entries overall. Less than 5% of the collection is now available for sale, indicating that the holders are still happy.
V1 CryptoPunks (Wrapped (-1.44%)
It is interesting to see the original CryptoPunks V1 – released in 2017 – being packaged into an ERC-721 container for trading. That might explain why the pool has under 20k ETH in volume, and the floor price of 4.42 ETH is lower than the pool people are thinking of. Still, the collection has 2.6,000,738 owners, and just over 5.5% of the collection is listed on marketplaces. Thanks to the removal of 37 entries, the bottom price drop of -1.52% may be short-lived.
PudgyPenguins (-0.95%)
Everyone loves a cute penguin in their life and the PudgyPenguins collection illustrates that quite well. It has been a very successful rally to date, with over 837 ETH in daily volume across 217 sales. It also notes a price change of +33.61% and having another 84 NFTs removed from various marketplaces could help move things along. With 4.7% of the collection up for sale, things could get pretty interesting in the coming days.
The Saudis (-0.83%)
While there may have been some doubts about The Saudis as an NFT collection, there is no denying that there is a healthy interest in this project. The Saudis have almost 10k ETH in total volume on OpenSea and a floor price of 0.4 ETH. Furthermore, less than 7.4% of the collection is available for sale, and holders removed another 46 listings in the last day. The 5.86% price increase gives speculative hope, although it remains unclear what’s next for the Saudis.
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