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    Home » SND Genesis Battle Pass leads NFT market as VanEck uses Pudgy Penguins in ETF ad
    NFTs

    SND Genesis Battle Pass leads NFT market as VanEck uses Pudgy Penguins in ETF ad

    News RoomBy News RoomJuly 24, 2024No Comments2 Mins Read

    The SND Genesis Battle Pass collection dominated the non-fungible token (NFT) market with a US$1.39 million sales volume on Tuesday, July 23, according to data from CryptoSlam.

    The Ethereum-based collection is linked to Sword & Dungeons, a role-playing game backed by OKX Ventures.

    The industry-leading secondary sales volume came after the game minted 4,000 Genesis Battle Pass NFTs, which were subsequently sold out.

    SND Genesis Battle Pass had 2,460 unique buyers from just 96 sellers.

    This helped Ethereum retain its top spot with a total of US$6.27 million in sales for the day, rising from the US$4.16 million recorded the previous day.

    The second-ranking collection for the day was Pudgy Penguins, also on Ethereum, which saw a total of US$655,675 in sales.

    Pudgy Penguins wasn’t able to grab the top spot despite asset manager VanEck using the collection’s mascot in its new Ether exchange-traded fund (ETF) ad.

    Spot Ether ETFs started trading in U.S. markets for the first time on Tuesday. It debuted with US$1 billion inflows.

    Pudgy Penguins holds the 18th spot in all-time sales volume with US$393.5 million, about US$7 million away from Cool Cats and the 17th spot.

    Coming in third on Tuesday, the DMarket collection on the Mythos blockchain generated US$617,108 in sales with 3,226 unique buyers and 2,855 sellers.

    DMarket, which represents in-game virtual items, had an average price of US$25.92 per NFT.

    At fourth, Immutable’s Gods Unchained Cards had US$563,292 in sales while CryptoPunks on Ethereum recorded US$545,917 at fifth.

    Solana Monkey Business, on the Solana blockchain, followed next with US$460,267 in sales, falling from Monday’s top spot.

    Read the full article here

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