PENGU is LIVE, NFT Market Performance, week 52

PENGU is LIVE

For the second week in a row, the Penguin collection has caught the market's eye. This time the reason was the PENGU token drop and a significant fall in price. 

The market trusts PENGU less than the dollar, but the dollar trusts less than Penguins. Activity in the collection has increased a lot.

However, it's not as dramatic as the media is trying to say. To date, the vast majority of tokens have been claimed and even if they are sold out, there will not be much pressure on the price.

Drop distribution chart by Action

The average drop was 18900 PENGU tokens which is about $400-500.

Azuki

Azuki announced a collaboration with acclaimed filmmaker Stephen Fung, who has joined as a Creative Partner to help reimagine anime fandom and storytelling. 

Additionally, there's a collaboration with Samurai Champloo's Kazuto Nakazawa, who has joined as the character designer for Episode 2 of Azuki's anime anthology, celebrating Samurai Champloo's 20th anniversary.

An ultra-rare Azuki Elemental was revealed this week, initially purchased as a Tier 3 Elemental Bean for 4.09 ETH. After immediate revelation, it attracted a high bid of 11 ETH, showcasing the high value and interest in rare Azuki NFTs.

On this news, the collection has risen to 3d place.

This week top-10 collections

Ethereum's Collections have nearly displaced other blockchains.

Google search volume

Weekly Top Blockchains

Among blockchains, Ethereum remains the leader with $186 million in sales. Bitcoin and Solana in 2nd and 3d place, respectively.
Note the growth of Base and Blast.