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Pudgy Penguins & Azuki Rack Up Over $3.8M in Just 24 Hours: NFT Market Review

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Major $NFT collections such as Pudgy Penguins and Azuki drove an intense trading surge across the $NFT market by collecting more than $3.8 million. The digital collectible market remains robust based on its substantial trading volume since it was established, and new projects garner significant investor interest. The $NFT sector demonstrates market resilience through increasing sales levels, which result from innovative projects directed by community members.

#$NFT MARKET OVERVIEW

TOP COLLECTION #PudgyPenguins – 24H Volume $2.31M… pic.twitter.com/fdCIpiDxF9

— PHOENIX – Crypto News & Analytics (@pnxgrp) January 31, 2025

Top Collections: Pudgy Penguins & Azuki Dominate the Charts

The $NFT collection Pudgy Penguins led the volume charts when its volume reached $2.31 million during a 24-hour period with 63 sales. This surge showcases the Pudgy Penguin’s growing appeal among $NFT investors. Azuki maintained its position as one of the most highly sought-after projects after securing a $1.49 million trading volume from 125 sales.

Lil Pudgys generated $1.07 million trading volume from 284 sales while maintaining strong market demand for its ecosystem. The blockchain-based gaming project Guild of Guardians demonstrated growing $NFT gaming asset demand through its 833 sales, which translated to $733.34K in trading volume.

Various collections impacted the market by contributing through Milady Maker ($629.25K, 39 sales) and Gods Unchained ($627.73K, 8,790 sales). The Courtyard project gathered $505.23K in total volume by completing 9,210 sales, while CryptoPunks obtained $420.18K despite only three recorded transactions. Azuki Elementals concluded the top collections with $389.99K revenue from 323 deals.

Top $NFT Sales: CryptoPunks Command High Prices

High-value $NFT sales were dominated by CryptoPunks, thereby cementing their position as great-value digital assets. CryptoPunk #5776 became the leading $NFT sale during the previous 24-hour period by fetching $163.70K. The subsequent $NFT sale involved CryptoPunk #3960 at $130.71K and CryptoPunk #4841 sold for $125.76K.

Next to CryptoPunks, Baby Bear #408 gained $66.33K, while Bored Ape Yacht Club #2902 brought $63.41K. The market continues to display strong confidence in blue-chip $NFT collections and demonstrates that rare digital assets maintain high price values.

Top Marketplaces: OpenSea Leads, Blur Follows Closely

Among $NFT trading platforms OpenSea emerges as the market leader since its 14.25K traders generated $6.81 million within 24 hours. Blur marked its market entry as a competitor through its trading tools by capturing $5.39 million in volume from 1.38K traders.

Magic Eden and Immutable X followed OpenSea as significant marketplaces because they experienced $665K and $646K in trading volume, respectively. The trading platform Element reached the top five among $NFT platforms after recording $542K in volume alongside 149 traders. Marketplace rankings show that the expanding diversity of $NFT trading platforms currently satisfies different user preferences and trading approaches.

$NFT Market Shows Strength with Expanding Opportunities

The $NFT market experienced robust activity because the Pudgy Penguins and Azuki projects together generated more than $3.8 million in trading volume. CryptoPunks dominated the largest sales which demonstrates that existing notable $NFT assets maintain their market demand.

OpenSea and Blur maintain their leading positions in marketplace activity, but the industry expands dynamically as Immutable X and Element each secure new users. The $NFT market shows sustained demand because it includes well-established collections and newly emerging projects that draw user participation. Digital collectibles will progress through the combined efforts of innovative practices and community participation.