Blue chip NFT is back. Floor price up +10% in last 90 days – Analysis

adminDecember 29, 2023

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Blue chip non-fungible tokens are making a comeback after experiencing severe declines over the past few months. Blue-chip NFTs like Bored Ape Yacht Club, Mutant Ape Yacht Club, and Azuki crashed mid-year, with most losing more than 70% of their low-price value.

Data collected by on-chain data aggregator Nftfloorprice.com indicates that the blue-chip NFT market has rebounded from a bearish trend over the past few months. In this article, we’ll take a look at the state of the best NFT collections over the past three months.

NFTs have become a popular asset in recent months after a prolonged cryptocurrency downturn. In recent weeks, the NFT floor prices of existing blue-chip NFT projects have skyrocketed, and the values of new entrants such as Pudgy Penguins are rising quickly to compete with them. Below we list 10 blue chip NFTs that have recorded positive surges over the past three months.

NFT floor price 1

Source: nftfloorprice.com, Blue Chip NFT activity over the past 90 days

1. CryptoPunks NFT Collection

CryptoPunks, a previous NFT collection from digital asset company Larva Labs that featured limited edition 10,000-pixel NFTs hosted on the Ethereum blockchain network, is a perfect example of a blue-chip NFT collection that has seen a positive surge in recent months. Over the past 90 days, the bottom price of CryptoPunks has risen 25% to 55.70 ETH.

2. Boring Monkey Yacht Club NFT Collection

Bored Ape Yacht Club, an NFT collection from digital asset company Yuga Labs featuring a set of 10,000 fixed NFTs hosted on Ethereum, is another blue-chip NFT collection that has surged in recent weeks. Over the past 90 days, the lowest price for Bored Ape Yacht Club was 26.50 ETH, up 10%.

3. Mutant Ape Yacht Club NFT Collection

Mutant Ape Yacht Club, an NFT collection from digital asset company Yuga Labs featuring a fixed set of 20,000 NFTs hosted on the Ethereum network, is another blue-chip NFT collection that has recorded positive gains in recent months. Over the past 90 days, Mutant Ape Yacht Club’s floor price has surged 13% to 5.29 ETH.

4. Chunky Penguin NFT Collection

Featuring a limited collection of 8,888 NFTs hosted on the Ethereum network, Pudgy Penguins, a digital asset company and NFT brand, is another NFT collection that has recorded positive gains in recent weeks. Over the past 90 days, the lowest price for Pudgy Penguins was 10.93 ETH, up 132%.

NFT floor price 2

5. Azuki NFT Collection

Azuki, an NFT collection from digital asset company Chiru Labs that features a limited set of 10,000 anime-themed NFT collections hosted on the Ethereum network, is another blue chip that has recorded significant gains over the past few weeks. Over the past 90 days, the floor price of the blue chip Azuki NFT has risen 51% to 5.74 ETH.

6. Sandbox NFT Collection

The Sandbox is a collection of NFTs from The Sandbox Metaverse, an online gaming platform that offers unique and immersive gaming experiences. In recent weeks, the floor price for NFT collections that give users access to the sandbox metaverse has skyrocketed. Over the past 90 days, The Sandbox NFT floor price has surged 32% to 0.345 ETH.

7. Captainz NFT Collection

Captainz, an NFT collection from web3-focused venture studio Memeland that features a fixed set of 9,999 NFTs hosted on the Ethereum network, is another blue-chip NFT collection that has surged in recent weeks. Over the past 90 days, The Captainz’s lowest price rose 34% to 4.19 ETH.

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8. Milllady Makers NFT Collection

Milady Makers, an NFT collection from digital asset company Remilia that features a fixed set of 10,000 NFT collections hosted on the Ethereum network, is another NFT collection that has surged in recent weeks. Over the past 90 days, Milady Makers’ floor price has risen 29% to 2.58 ETH.

9. CloneX NFT Collection

Clone Over the past 90 days, the floor price of Clone

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10. Doodles NFT Collection

Doodles, an NFT collection comprised of 10,000 created NFTs created by Evan Keast, Scott Martin, and Jordan Castro, is another blue-chip NFT collection that has recorded significant gains in recent weeks. Over the past 90 days, Doodles’ floor price has risen 45% to 17.25 ETH.