What Bear Market? A Single CryptoPunk NFT Just Sold For $4.5 Million
The NFT market has taken a good hit during the latest iteration of the crypto market bear run. But not all collections have lost favor in the eyes of investors, though. Notable collections such as CryptoPunks and Bored Ape Yacht Club continue to maintain their high floor prices. Even during the bear market, where the […]
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A Cryptopunk NFT was recently sold for $11.8 million during an auction organized by Sotheby’s. The sale, which also featured works of other artists, was organized virtually. Sotheby’s anticipates strong demand for this kind of digital good in the future, even as NFT fever has somewhat subsided in recent weeks. Cryptopunk NFT Sold for Almost $12 Million Sotheby’s, a leading art and luxury auction house, announced yesterday the sale of a Cryptopunk NFT for almost $12 million. The auction, titled “Natively Digital,” presented a group of curated works in the form....
A CryptoPunk NFT has just set the record for the highest-selling punk so far. The collection which is more than three years old had been in obscurity for the longest time but with the rise of NFT popularity, they have become one of the most valuable collections in the NFT space. In a recent sale, CryptoPunk #5822 has set the record for the high-selling punk after selling for $23 million. CryptoPunk #5822 Sells For 8,000 ETH The CryptoPunk #5822 which had sold for 8,000 ETH, more than $23 million had been bought by the CEO of Chain, Deepak Thapliyal. It is the most expensive CryptoPunk NFT....
Meta has announced an update for its non-fungible token (NFT) features on Facebook and Instagram. Starting today, the social media platforms will allow U.S.-based users to connect their wallets and share their NFT with their friends and followers. Related Reading: What Bear Market? A Single CryptoPunk NFT Just Sold For $4.5 Million According to an […]
“NFTs are dead,” said the previous owner of the COVID Alien artwork once the auction closed. Luxury auction house Sotheby’s made waves on social media on Thursday following the sale of one rare CryptoPunk.In a tweet from Sotheby’s, the auction said CryptoPunk #7523 — also known as “COVID Alien” — sold in its London salesroom for roughly $11.8 million. According to the auction house, this sale represents a new world record for a single CryptoPunk artwork.CryptoPunks, which predate the bulk of the nonfungible token (NFT) craze in 2021, are often small, pixelated depictions of people, apes,....
Despite the massive downturn in the NFT market, CryptoPunk 4464’s $2.6 million price tag signals that top NFT projects are still managing to attract some serious attention. Despite a major decline in trading volume across the broader non-fungible token (NFT) market, a single CryptoPunk has sold for a whopping 2,500 ETH which equates to a price tag of just over $2.6 million.The $2.6 million transaction makes the sale of CryptoPunk 4464 — one of just 24 ape-themed CryptoPunks — the largest NFT sale of the last 30 days across the entire market. Punk 4464 bought for 2,500 ETH ($2,615,224.91....