- The Autoglyphs and Azuki collections showed strength despite the broader market tumble.
- The number of addresses buying NFTs fell to June 2021 levels.
It has been a horrendous last 30 days for blue-chip Ethereum [ETH] NFTs in the market with a handful of them experiencing significant downturns in value. However, out of the top 10 collections in market capitalization, only two were able to flee from the nose-diving state.
Realistic or not, here’s ETH’s market cap in BTC terms
Not a Yuga Labs season
According to IntoTheBlock, these “escapees” were not Bored Ape Yacht Club [BAYC] or Mutant Ape Yacht Club [MAYC].
Instead, Autoglyphs, the first on-chain generative art on the blockchain, and Azuki were the ones able to salvage what was left of a widespread decreasing floor price.
Over the last 30 days, just two out of the top 10 NFT collections have appreciated in value, with just one of them increasing in $ETH terms in 2023.#NFTs pic.twitter.com/JDRbvPGVCJ
— IntoTheBlock (@intotheblock) May 12, 2023
The data from the blockchain insight platform showed every…