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NFT Market Sees Sharp Decline with Sales and Valuations Dropping
The NFT market has experienced a significant slowdown, with buying activity dropping to its lowest levels of the year. This decline is evident in both weekly and monthly trading volumes.
Sales and Volume Decline
- NFT sales fell to $320 million in November from nearly $630 million in October.
- Initial December figures show $62 million in sales from Dec. 1–7, marking the weakest week in 2025.

Market Cap Decrease
- Market cap dropped to $3.1 billion, down 66% from January's $9.2 billion high.
- October saw a market cap of $6.6 billion, which fell to $3.5 billion in November, a 46% drop in a month.
- A brief surge on Nov. 11 pushed the cap near $4 billion, but it quickly retreated.

Blue Chips Performance
- CryptoPunks: declined 12%
- Bored Ape Yacht Club: fell 8.5%
- Pudgy Penguins: down 10.6%
- Chromie Squiggle: lost 5.6%
- Fidenza: decreased by 14.6%
- Moonbirds: fell 17.9%
- Mutant Ape Yacht Club: slipped 13.4%
- Hypurr: significant drop of 48%

Notable Gainers
- Infinex Patrons: rose by nearly 15% over the past 30 days.
- Autoglyphs: gained 21%, outperforming the top ten.

The overall outlook remains weak as the year-end approaches, with thin liquidity and lack of sustained momentum in trading volumes.