NFT sales plunge in Q1, but Pudgy Penguins, Doodles and Milady defy the slump

NFT sales dropped 63% year-over-year in Q1 2025 to $1.5 billion, with March seeing the steepest fall, according to Cointelegraph. Despite the decline, collections like Pudgy Penguins, Doodles and Milady Maker posted strong gains, bucking the broader market trend. Bitcoin NFTs saw a rise in average price but suffered a 79% drop in total sales volume.