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Home»NFT»Rare CryptoPunk Sells for $2.7M as Blue-Chip NFTs Resurge
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NFT

Rare CryptoPunk Sells for $2.7M as Blue-Chip NFTs Resurge

adminBy adminJuly 14, 2022No Comments3 Mins Read
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CryptoPunk # 4464 with unusual ape characteristics was sold for 2,500 ETH on July 12 as the excellent NFT celebrated its summer revival.

CryptoPunk was purchased by a pseudonym collector of CryptoPunks and another NFT collection, Meebits, for about $ 2.7 million on sale for the fifth largest CryptoPunk since its launch in 2017. According to the Rarity ranking site Rarity.Tools, it is the 32nd least CryptoPunk.

The most expensive CryptoPunk is CryptoPunk # 5822, purchased by Chain CEO Deepak Thapliyal in February 2022 for 8,000 ETH. It has the unique “alien” characteristics of nine CryptoPunks. An unapproved bid was placed on Punk # 9280 at the press for $ 2.72 million.

Excellent NFT watching mini revival

The purchaser of CryptoPunk # 4464 was “zoomc”. He owns 25 punctures and spends a whopping $ 3.9 million on buying 8-bit images generated by a 24×24 algorithm. CryptoPunk # 4464 One of the 22 punks According to the crypto sales tracker nonfungible.com, it is the most expensive NFT in the last 7 days, purchased in the last 24 hours. The cheapest punk in the last 24 hours was 77ETH (about $ 80,000), # 3761. Zoomc currently sells three punks, # 2586, # 6679 and # 8662.

The so-called excellent NFT collection has seen a significant increase in sales over the last 30 days. Over the last five days, two NFTs from the Bored Ape Yacht Club collection have sold for over $ 1 million each. Despite the annual trough of NFT sales in June 2022, seven CryptoPunks ranging from $ 336,000 to $ 874,000 total just over $ 1 billion, closing the top ten, according to Chainalysis.

Digital art NFT plummeted

NFT sales in a broader scheme are chilling. Only a handful of digital art NFTs were cut at Christie’s auctions earlier this year. Mike Winkelmann, more commonly known as Beeple, whose famous “Everyday: The First 5,000 Days” sold for $ 69.3 million in 2021 and digital landscape paintings at the auction house on June 28, 2022. Sold for $ 252,000.

According to the famous art auction house, NFT sales were only $ 4.6 million this year, compared to $ 150 million last year. Nicole Sales, Head of Digital Art Sales at Christie’s, said the focus has shifted from 2021 speculation to 2022 art.

NFT sales totaled $ 40 billion last year, peaking at $ 12.6 billion in January. To date, 2022 sales totaled $ 42 billion.

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27M BlueChip CryptoPunk NFTs Rare Resurge sells
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