The global non-fungible token (NFT) market continues to be impacted by geopolitical tensions, with recent trade wars contributing to significant losses. An anonymous NFT investor, who earlier in 2024 acquired a CryptoPunks NFT for $16 million, recently sold their #3100 CryptoPunk for just $6 million, resulting in a substantial loss of $10 million. This comes as the broader cryptocurrency market experiences volatility and decreased trading activity due to ongoing trade tensions, including the U.S.-China trade war and similar pressures from other regions like the EU and Asia. 2024 data suggests that despite these challenges, the NFT market has witnessed a slight positive trend in sales volume, reaching a total of $19 million over the past 24 hours. This growth is largely attributed to the continued popularity of CryptoPunks, with #3100 alone selling for $6,042,922 USD. Ethereum, the blockchain network powering many popular NFT projects, remains the most traded NFT marketplace in terms of volume, but the market saw a surge in trading activity as well, particularly with Polygon and Mythos Chain.