Nansen: Market Capital for Ethereum NFTs Reach $11.3 Billion
- CryptoPunks has the largest market capital of 1.05 Million ETH (USD $1.6 Billion).
- Another popular NFT collection, Bored Ape Yacht Club has a market cap of 957,255 ETH and is second on the list.
- Third on the list is Bored Ape Yacht Club with a market cap of 957,255 ETH.
Well-known Cryptocurrency, DeFi, and NFT analytics platform Nansen has revealed that the current estimated market capital for NFTs is 7.04M ETH ($11.3 Billion). As per the on-chain data firm, this market cap estimation holds true for the top 1500 Ethereum NFT collections.
As per the list of top 10 Ethereum NFT collection with respect to its market capital, CryptoPunks has the largest market capital of 1.05 Million ETH (USD $1.6 Billion). The NFT collection has seen a jump of 2.7% in its floor price in the past 24 hours. Another popular NFT collection, Bored Ape Yacht Club has a market cap of 957,255 ETH (USD 1.5 Billion).
We have market cap for the NFT collections but not in comparison to ETH or BTC history mcap – perhaps it’s something we could add to our NFT Trends dashboard
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