NFT collections like Zereborn, YATS, and JOYWORLD J are in the news as the top trending NFT collections in the past week. The NFT market is still evolving and proving its sustainability despite volatile indicators. This week, the sector reached $39.4 billion in capitalization based on 1.39 million transactions.
Nevertheless, the market recorded a slump in its weekly sales by 25.4% and stood at $127 million. However, many NFT collections like Zereborn were able to post significant growth, demonstrating the variety and development that characterizes this area.
Zereborn Dominates With Unprecedented Growth
Regarding growth for the 7-day floor price, Zereborn stood atop all tokens with an incredible 1,626% increase. Zereborn has a market cap of $ 5.05 million, attracting massive market attention due to its distinctive appearance and value to collectors. Behind it is CryptoStampE1, which has increased 419% in floor prices and $12.8 million in market capitalization.
And more remarkable is YATS, which indicated a 364% increase in its floor price and has a market capitalization of $15.9 million. Still popular for people with an interest in tailored blockchain assets, YATS is laser-shaped to refashion digital identity. Another rather successful one is Karafuru, which rose its floor price by 361% and got a market capitalization of $3.12 million.
Artistic and Narrative-Driven Collections Shine
Interests in art-based collections remain a critical element in the NFT space today. It is also important to highlight JOYWORLD J, which increased its floor price by 295% and has the largest market cap among the listed tokens at $9.93 million. JOYWORLD J is an innovative and colorful project that soon attracted many fans to its incredible creations. Likewise, Decentral Eyes secured 302% growth and a market cap of $3.75 million, thus proving there was a need for fine art NFT.
Following up with another NFT collection, Broadside saw its floor price rise by 296% and reached a total market cap of $3.22 million. The exciting features, such as storytelling angles, attract many collectors who are searching for better ways of relating to their digital assets.
Gaming NFTs Lead Emerging Trends
Currently, another typical trend is related to gaming and NFTs; one of the avatars, Ethlizards Gen, has shown a 339% increase in the floor price and $1.71 million in market capitalization. The gaming appeal also extends to Atlas by Justin, which has gone up 187% and now has a market cap of $1.89 million.
Wearables also surged this week, with Dec. Wearables increased by 245% in floor price to get a market cap of $1.42 million. These collections symbolize the growing belief in the utilization of NFTs in virtual space and in the metaverse.
Diverse Performances Across Smaller Projects
There were a few exciting projects that showcased sustainable growth, which is inherent in the NFT market. Two of these, Ghost Division and PrimeApePlanet, were up by 206% and 191%, respectively, having a market capitalization of $1.72 million and $4.22 million. Smol Brains increased by 226% and now has a total market capitalization of $12.7 million, and Quekz grew by 185% with $3.72 million.
The rest include Anata at 154% with $1.51 million in market cap, Prometheans at 145% of $638K, and ai16z partners at 156% of $4.81 million in market cap. These collections are retail-specific interest bases from artificial intelligence to collectables art.
Conclusion
The example of this week’s trending NFT collections like Zereborn and YATS shows how the market is evolving. Being based on innovation, the market unites collectors and investors who expect great things from the future of digital assets.
