In November, the sales volume of NFTs reached the lowest monthly indicator, and the market capitalization of non-fungible tokens decreased by more than 66% compared to January's maximums. According to CryptoSlam, in November, NFT sales dropped to $320 million. This is almost half of the $629 million recorded in October. As a result, monthly volumes returned to a level not seen since September 2024, when this indicator amounted to $312 million. In December, the decline is likely to continue. At least, the first week of the month was weak — from December 1 to 7, NFT sales volume did not exceed $62 million, which is the lowest weekly indicator in 2025.
The total market capitalization of non-fungible tokens is falling. According to CoinGecko, the current total market capitalization of the sector is $3.1 billion, which is 66% less than the January maximum of $9.2 billion. The prices of leading NFT collections are also falling. CryptoPunks, the largest collection by market capitalization, has decreased by nearly 12% over the last 30 days. Bored Ape Yacht Club has lost 8.5%, and Pudgy Penguins - 10.6%.
However, there were collections that, despite the overall trend, showed growth. Infinex Patrons, the second largest NFT collection by market capitalization, grew by 14.9%, and Autoglyphs outperformed all 10 largest collections, increasing by 20.9% over the last 30 days. #NFT #Write2Earn