Blistering NFT ‘sweep’ underway as CryptoPunks, Penguins surge

Key Points

1. CryptoPunks saw a 15.9% spike in floor price to 47.50 ETH ($179,000), with 83 NFTs acquired by new holders in a single day.

2. Pudgy Penguins' floor price rose over 15% to 16.60 ETH ($62,597), with 100 new holders acquiring NFTs.

3. The broader NFT market cap increased by 21.2% in 24 hours to over $6.34 billion, with total sales volume up 303% to $38.7 million.

4. The YOU THE REAL MVP NFT collection led gains with a 1280% increase in value.

5. Experts and community members suggest the NFT market may be rebounding after a period of decline, citing recent high-profile sales and increased investor interest.