Non-fungible token ($NFT) Market capitalization is Ethereum ($ETH) will decrease. CryptoPunks are trading at nearly $53,000, Bored Ape Yacht Club pieces are under $15,000, and Pudgy Penguins are hovering around $7,300.
$ETH It has fallen about 28% over the past 30 days and is currently trading around $1,640. floor measurement units $ETH The decline was much smaller than the dollar value, highlighting the sector’s face value risk.
Impact of Ethereum weaknesses $NFT Market capitalization reaches record low level
Data from CoinGecko gives CryptoPunks a floor of 32.5. $ETHor about $53,254. Bored Ape Yacht Club (BAYC) will be seated at 9:05 p.m. $ETHabout $14,828, Pudsey Penguin is trading at $4.48 $ETHaround $7,335.
The difference is most noticeable with CryptoPunks. Floor rose from 31 $ETH up to 32.5 $ETH Over the past 30 days, the dollar floor has fallen 29% from over $71,000.
BAYC and Pudsey Penguins fell on both metrics. Their dollar floors fell 39% and 42%, nearly tripling, respectively. $ETH– 9.4% and 15% decline.
The total floor valuation currently sits between $1.4 billion and $2.4 billion, depending on the tracker. CryptoPunks, the 2017 collection that powers the sector, alone accounts for 27% of that total.
This slide tracks a broad decline in Ethereum. $ETH It is 67% below the August 2025 record of $4,946 and has fallen 34% in one year.
17-session ETF outflow drains more than $401 million from U.S. spot $ETH Injected funds in May.
$NFT Analyst wale.moca, a former Azuki researcher, says that due to this dependency, $ETH– The profits of the construction will be hollow.
“The price of $ETH This is the biggest vulnerability of NFTs. It would be cool if the minimum price goes up by 5 $ETH But then there’s no point $ETHDuring this time, /USD has fallen -30%,” writes wale.moca.
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Weak liquidity exacerbates structural problems
We see the same thing in trading activity. According to CoinGecko, CryptoPunks has recorded almost no sales in the past 24 hours. The daily trading volume of approximately 1,800 tracking collections totaled less than $3 million.
The pressure is now extending to market infrastructure. $NFT Price Floor, a leading data aggregator, has announced that it will shut down on June 30th due to lack of funding.
$NFT Price Floor will close on June 30th. It’s not because I failed. Because no one was paying for things they used every day.
Founded in 2021 by a team of 5 people. David, Nico, Aleix, Jordi, Stefano. There are no VC rounds. There are no tokens. There is no burden. Just clean up your data.
What they built:
– 1,799+… pic.twitter.com/CfOwJCfUEw— Tat Thang (@tatthang) June 6, 2026
Although sentiment seemed stronger earlier in the cycle, $NFT CryptoPunks and Moonbirds have been released for their seasonal comeback.
In contrast, BAYC reconsidered the lows it set when the floor price fell below $10. $ETH.
Some teams are relying less on guesswork. Pudsey Penguins bet on culture rather than short-term price, forming a partnership with Manchester City to reach a mainstream audience.
Still, the dollar’s bottom recovery is not so dependent on $NFT It will be in higher demand than Ethereum itself.
probably, $ETH June’s price outlook could provide an indication of whether valuations for blue-chip companies will stabilize.
