Global NFT Market Sees 60% Drop in December Trading Volume
- Market Crash: The global NFT market recorded a trading sales volume of $300 million in December 2025, reflecting a sharp 60% decline from November, indicating a significant loss of investor confidence in NFTs.
- Decline in Unique Participants: The number of unique NFT buyers and sellers fell below 100,000 for the first time in December, suggesting a shift towards a more mature market focused on utility rather than speculation.
- Ethereum's Dominance: Ethereum-based NFTs generated over $97 million in trading sales in December, despite a 54% decrease from the previous month, reinforcing its position as the leading blockchain in the NFT space.
- Emerging NFT Series Surge: The $X@AI BRC-20 NFT collection achieved $24 million in sales over the past 30 days, surging by 1,000%, indicating that there are still promising projects attracting investor interest in the NFT market.
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Technical Analysis for PENGU
Technical Sentiment Analysis for Pudgy Penguins (PENGU) As of , Pudgy Penguins (PENGU) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PENGU stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, PENGU is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Pudgy Penguins (PENGU) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00162 | 0.00345 | 0.00523 | 0.00706 | 0.00884 | 0.0107 | 0.0125 |
| Fibonacci | 0.00345 | 0.00483 | 0.00568 | 0.00706 | 0.00844 | 0.00929 | 0.0107 |
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