CryptoPunks #3100, one of the rarest NFTs in this crypto collection, sold on March 4 for 4.500 ETH.
One of the 9 Alien Punks from the CryptoPunks NFT collection, which was launched in 2017 on the Ethereum blockchain, has gone down in crypto industry history as the second most expensive Punk ever sold.
The owner of this NFT received an offer of 4.500 ETH on March 4, valued at around $15,7 million at the time of sale. However, with the cryptocurrency's surge, trading at around $3.700, the current value of the NFT is now over $16 million.
Source: CryptoPunks
CryptoPunks are a collection of 10.000 NFT avatars created on Ethereum, which have become one of the most representative symbols of the Crypto Art movement.
This NFT collection, which was initially developed by Larva Labs, was acquired with all its rights by the Web3 company Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC), in March 2022. The company has since assigned all Punks owners the intellectual property rights, granting them a full commercial license.
CryptoPunk #3100
CryptoPunk #3100 is ranked among the 9 Alien Punks that exist in the crypto collection of 10.000 NFT avatars. This punk has only one attribute, which is present in only 333 other avatars. CryptoPunk #3100 is also one of the 406 punks that own a headband, making it one of the most popular characters. rarest in NFT collection.
On November 9, 2022, the owner of this Punk received an offer for 7.300 ETH, which was valued at around $8,6 million USD at the time. His last sale, which had taken place in March 2021, was for a total of 4.200 ETH, valued at around $7,58 million USD. Although the amount of ether paid for this Punk in his last two sales is quite similar, in terms of US dollars, the value of this cryptoasset has increased by approximately 110% over the past 3 years.
The sale of this CryptoPunk was the highest in the entire NFT market this week, followed by the sale of Art Blocks #78000049, which was carried out for just over $1,8 million dollars and a Bitcoin ordinal, whose sale price exceeded $1,44 million dollars.
The NFT market is recovering this week
According to data from the CryptoSlam platform, the sales volume of CryptoPunks has reached a value of $25 million in the last week, while the total sales volume across the entire NFT market on Ethereum amounts to $178 million.
Currently, this market is being dominated by the Bitcoin network, in terms of trading volume. According to the platform, ordinals on this network have generated a volume of $180 million dollars, in the last 7 days, which is 1,16% higher than the volume seen on the Ethereum network.
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