In the past 24 hours, NFT prices have sharply declined, with major collections like Bored Ape Yacht Club (BAYC) and Pudgy Penguins dropping below 10 ETH. Pudgy Penguins fell by 13.89% to 8.80 ETH, and BAYC dropped by 11.57% to 9.23 ETH. Adding to the turmoil, Pudgy Penguins face over 130 liquidation auctions on Blend.

However, the Milady NFTs are on the rise, with a 7.80% jump within 24 hours and a floor price of 4.88 ETH.

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