NFT: Big news for CryptoPunk NFTs!

One of the biggest sales in CryptoPunk history

Sure, CryptoPunk’s NFTs are very recent. However, they are among the most expensive NFT sales. The CryptoPunk 5822, for example, sold for over $ 23 million and the CryptoPunk 7523 for $ 11,754,000.

Another record was just set with the sale of CryptoPunk 2924 for $ 4.45 million. An unexpected situation, especially as sales have dropped dramatically in recent months.

CryptoPunk 2924 just sold for $ 4,451,000

The lucky owner would be an NFT collector known as a “Seedphrase”. He reportedly paid for CryptoPunk in Ethereum for a total value of 3,300 ETH. Historically, this makes NFT the fourth most expensive CryptoPunk since CryptoPunk went on sale.

Before earning the most expensive NFT status in recent months, this CryptoPunk NFT would be sold in November 2020 for 150 ETH (around $ 71,000).

CryptoPunk at its peak!

CryptoPunk is one of the fastest growing NFT brands on the market today. Ethereum Collection even defines its templates as great for modern profiles. Launched in 2017, the project has aroused the enthusiasm of many NFT followers. And the first consecration was the purchase of CryptoPunk 5822 for 8,000 ETH, or almost 24 million dollars.

Right now, CryptoPunk’s overall sales are up 348%. With this latest $ 4.45 million purchase, the brand once again asserts its status as NFT’s most powerful collector’s item.

This event sets CryptoPunk even further ahead of other brands. Its main competitors, Bored Ape Yacht Club and Mutant Ape Yacht Club, still have a long way to go to hope to one day reach such a high peak. Currently, the daily sales appreciation rate is approximately 13% and 52% respectively.

Despite the resumption of sales in the last few hours, the NFT market is still not in good shape. Especially when we compare current sales with the peaks reached at the beginning of the year, NFTs are far from their best performance. We see a 97% drop between purchases in January and today. A decline that makes sense when the figures are placed side by side: 17 billion dollars in January, against 466 million in September alone.

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Ariela RASOANJANAHARY avatar
Ariela RASOANJANAHARY

My name is Ariela and I am 31 years old. I have been working in the field of web writing for 7 years. I discovered trading and cryptocurrency just a few years ago. But it is a universe that interests me a lot. And the topics covered within the platform allow me to learn more. Singer in my spare time, I also cultivate a great passion for music and reading (and animals!

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