NFT Market Update: BAYC and Pudgy Penguins Prices Plummet, Milady NFTs Surge

In the last 24 hours, the NFT market has witnessed significant price declines, particularly affecting collections such as Bored Ape Yacht Club (BAYC) and Pudgy Penguins, both dropping below 10 ETH. Pudgy Penguins experienced a sharp decrease of 13.89%, settling at 8.80 ETH, while BAYC declined by 11.57% to 9.23 ETH. Compounding the downturn, Pudgy Penguins are grappling with over 130 liquidation auctions on Blend.

In contrast, Milady NFTs are bucking the trend with a notable 7.80% increase over the same period, boasting a floor price of 4.88 ETH.

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