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.
Theon Barrett shines as a distinguished crypto analyst, accomplished researcher, and skilled editor, making significant strides in the field of cryptocurrency. With an astute analytical approach, Theon brings clarity to intricate crypto landscapes, offering insights that resonate with a broad audience. His research prowess goes hand in hand with his editorial finesse, allowing him to distill complex information into accessible formats.