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CryptoPunk fetches record-breaking $12.41 million! 🤑

CryptoPunk fetches record-breaking $12.41 million! 🤑

CryptoPunk #635 Sets NFT Sale Record

In a ground-breaking move, the sixth-most expensive CryptoPunk NFT was sold on Thursday.

The record-breaking sale was for CryptoPunk #635, which fetched an impressive 4,000 ETH, equivalent to $12.41 million, on April 25th, as reported by the CryptoPunks sales platform.

Unique Features of CryptoPunk #635

  • This particular CryptoPunk is one of only nine “AlienPunks” in existence, adding to its rarity in a collection of 10,000 unique avatars.
  • In addition to being an “AlienPunk,” the notable features of this NFT include a bandana and regular shades.

Notable Sales in 2022

  • The sale of CryptoPunk #635 marks it as the third-most expensive CryptoPunk sold this year, following closely behind other high-profile transactions in the NFT space.
  • Earlier this year, CryptoPunk #7804 was sold for 4,850 ETH, valued at $16.42 million, on March 20th, and CryptoPunk #3100 was sold for 4,500 ETH, equivalent to $16 million, on March 4th.

CryptoPunk’s Resilient Market Position

  • Despite market fluctuations, CryptoPunk has maintained a high floor price throughout the year.
  • According to The Block’s Data Dashboard, the floor price for CryptoPunks remains around 38 ETH ($118,400), showcasing its stability in comparison to other NFT projects.

Hot Take: CryptoPunk #635 Redefines NFT Sales

With the unprecedented sale of CryptoPunk #635 for 4,000 ETH, valued at $12.41 million, the NFT market has once again been captivated by the allure of these unique digital assets.

This record-breaking transaction underscores the growing interest in rare and exclusive NFTs, signaling a promising future for digital collectibles in the blockchain ecosystem.

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CryptoPunk fetches record-breaking $12.41 million! 🤑