In November, sales volume NFT reached its lowest monthly level, with the market capitalization of non-fungible tokens down more than 66% from January highs.
According to CryptoSlam, sales in November NFT fell to $320 million, nearly half the $629 million recorded in October. This brought monthly volumes back to levels not seen since September 2024, when they reached $312 million.
The decline is likely to continue in December. At least the first week of the month was weak – from December 1st to 7th, sales volumes NFT did not exceed $62 million, which is the lowest weekly figure in 2025.
The total value of non-fungible tokens is also falling. According to CoinGecko, the sector’s total market capitalization currently stands at $3,1 billion, down 66% from its January peak of $9,2 billion.
The price of the leading NFT-collections are also falling. Cryptopunks, the largest collection by market cap, has fallen nearly 12% over the past 30 days. Bored Ape Yacht Club has lost 8,5%, and Pudgy Penguins has lost 10,6%.
However, there were collections that, contrary to the general trend, showed growth. Infinex Patrons, the second largest collection NFT by market cap, up 14,9%, while Autoglyphs outperformed all 10 largest collections, up 20,9% over the past 30 days.