NFTs Crash: Pudgy Penguins Lose Weight, Buyers Go Bonkers 🐧📉

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If you thought your Monday morning coffee was the only thing making you jittery, meet the NFT market, which has decided to channel its inner nervous breakdown. Sales volume plummeted 5.41% to $79.31 million, a drop so dramatic I half-expected a funeral for last week’s $84.44 million. Meanwhile, buyers “surged” by nearly 1,000%-which, in crypto-speak, probably means they all showed up at once, screamed, and then immediately left.

  • NFT sales dropped 5.41% to $79.31M even as buyers jumped nearly 1,000% this week. (Spoiler: It’s a numbers game. Or a cult.)
  • Algebra Positions NFT-V2 surged to $7.81M in sales while Pudgy Penguins plunged 37%. (Penguins, you’re welcome for the support.)
  • Ethereum and BNB Chain led NFT blockchains as Bitcoin and Polygon volume declined. (Bitcoin: “I’m fine. crumbles”)

CryptoSlam reports that NFT buyers and sellers both “surged” by eye-popping percentages, but let’s be real-this isn’t a party. It’s a crowded Zoom call with no mute button. Transactions, however, took a nosedive, dropping 20.92% to 1,097,565. And if you thought the NFT market was struggling, just wait until you hear about Bitcoin’s recent dip to $96,000. It’s like watching a toddler try to parallel park.

Ethereum, ever the drama queen, lost its $3,200 level with the grace of a toddler spilling juice on the carpet. The global crypto market cap now sits at $3.26 trillion, which is still enough to buy a small island, if you ignore the fact that it’s down from $3.48 trillion. (Island: “You’re fired.”)

Algebra Positions NFT-V2 surges as Pudgy Penguins tumble

Algebra Positions NFT-V2 on Ethereum has somehow managed to spike into first place with $7.81 million in sales-a 807,352.81% surge. That’s not a collection; that’s a lottery win disguised as an NFT. The collection processed 742 transactions with 199 buyers and 90 sellers. (Translation: 90 people are now very confused.)

DMarket on the Mythos blockchain slipped to second with $6.67 million, down 3.77% from last week’s $6.88 million. The collection recorded 241,552 transactions with 16,047 buyers and 13,590 sellers. (Someone’s gotta be the emotional support seller here.)

Pudgy Penguins dropped to third place with $2.79 million, plunging 36.87% from last week’s $4.38 million. The Ethereum collection saw 144 transactions with 96 buyers and 93 sellers. (Penguins, you’re trending toward “sad flippers.”)

Guild of Guardians Heroes on Immutable-Zk held fourth position at $2.37 million, down 6.19% from last week’s $2.48 million. The collection had 2,186 transactions. (That’s 2,186 opportunities to regret your life choices.)

Courtyard on Polygon (POL) secured fifth place with $2.24 million, down 23.20% from last week’s $2.91 million. The collection processed 31,205 transactions. (31,205 reasons to question your decisions.)

Panini America on the Panini blockchain surged into sixth with $2.23 million, up 393.51%. The collection recorded 27,115 transactions. (Panini: “We’re not just for snacks anymore.”)

CryptoPunks fell to seventh at $1.95 million, down 40.95% from last week’s $3.30 million. The collection had just 17 transactions with 12 buyers and 15 sellers. (15 sellers: “We’re not angry. We’re just… checks watch done.”)

Ethereum extends gains as BNB Chain surges

Ethereum maintained first position with $33.71 million in sales, up 4.68% from last week’s $32.97 million. The network recorded $2.67 million in wash trading, bringing its total to $36.37 million. Buyers jumped 69.86% to 21,514. (Ethereum: “I’m doing great. cough”)

BNB Chain (BNB) climbed to second place with $8.66 million, up 28.21% from last week’s $6.15 million. The blockchain recorded $174,526 in wash trading, bringing its total to $8.83 million. Buyers remained at 13,940 with 0.00% change. (Stability? Never heard of her.)

Bitcoin dropped to third with $8.18 million, down 15.56% from last week’s $9.15 million. The network saw 6,486 buyers with 0.00% change. (Bitcoin: “I’m a rockstar. plays kazoo”)

Mythos Chain placed fourth at $6.84 million, down 3.49% from last week’s $7.10 million. The blockchain attracted 20,798 buyers. (20,798 people who will never sleep again.)

Solana (SOL) secured fifth position with $5.50 million, up 12.27% from last week’s $5.12 million. The network recorded 15,651 buyers. (Solana: “I’m not a problem. waves wand”)

Immutable (IMX) landed in sixth at $4.19 million, down 2.98% from last week’s $4.26 million. The blockchain had 2,596 buyers. (2,596 people who will never buy a house.)

Polygon placed seventh with $3.26 million, down 28.77% from last week’s $4.50 million. The blockchain recorded $6.63 million in wash trading, bringing its total to $9.89 million. Buyers stood at 35,085. (35,085 reasons to call a therapist.)

Top sales for the week

Autoglyphs #141 topped individual sales at $199,135.19 (56 WETH), sold three days ago. (Someone spent their life savings on a pixelated glyph. Congrats, you’re now a meme.)

Two V1 Cryptopunks Wrapped #7139 NFTs followed:

  • First sale at $196,267.55 (57 WETH) three days ago
  • Second sale at $194,923.31 (57.0299 WETH) two days ago

Two CryptoPunks rounded out the top five:

  • CryptoPunks #6207 sold for $152,619.45 (43.99 ETH) three days ago
  • CryptoPunks #4427 sold for $131,430.42 (36.9 ETH) four days ago

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2025-11-15 09:56