Cryptopunk #4464 with a rare app-trait sold for 2,500 ETH on 12 July as blue-chip NFTs saw a summer revival.
Cryptopunk was bought by Meebits, a pseudonymous collector of Cryptopunks and another NFT collection, for approximately $2.7 million, in the fifth largest Cryptopunk sale since the collection in 2017. Cryptopunk #4464 had an estimated value of approximately $2.7 million before sale and is the 32nd rarest cryptopunk according to rarity ranking site Rarity.Tools.
The most expensive cryptopunk was Cryptopunk #5822, which was bought by Chain’s CEO Deepak Thapliyal for 8,000 ETH in February 2022, which was valued at around $23.7 million at the time, up from the previous $11.8 million paid for #7523 in June 2021. broke the record. The three most expensive cryptopunks each have an “alien” attribute unique to the nine cryptopunks. An unacceptable bid was placed on Punk #9280 for $2.72 million at press time.
Blue-chip NXT is seeing a mini-revival
The buyer of Cryptopunk #4464 was “Zoomsey”, which owns 25punk and spent $3.9 million buying 8-bit images generated from the 24×24 algorithm. cryptopunk was #4464 one of the 22 gangsters According to crypto sales tracker nonfungible.com, most expensive NFTs bought in the last 24 hours, and most expensive in the last seven days. Cheapest punk in the last 24 hours was #3761 for 77ETH (about $80,000). Zoomc is currently selling three punks, #2586, #6679, and #8662.
The so-called blue-chip NFT collection has seen a significant increase in sales volume over the past 30 days. In the past five days, two NFTs from the Bored Ape Yacht Club collection were sold for over $1 million each. According to Chainalysis, seven cryptocurrencies in the top 10 ranked from $336,000 to $874,000 in total, exceeding $1 billion in total, despite an annual trough in NFT sales in June 2022.
Digital art NFTs have taken dormancy
In the broader scheme of things, NFT sales have turned cold. Only a handful of digital-art NFTs made the cut at Christie’s auction earlier this year. Mike Winkelman, commonly known as Beeple, whose famous ‘Everydays: The First 5,000 Days’ sold for $69.3 million in 2021, sold a digital landscape artwork for $252,000 at the auction house on June 28, 2022.
The renowned art auction house said sales of NFTs this year totaled $4.6 million, compared to last year’s sales of $150 million. From speculation in 2021 to art in 2022, Nicole Sales, head of digital art sales at Christie’s, said the focus is shifting.
NFT sales totaled $40 billion last year and enjoyed a peak of $12.6 billion in January. A total of $42 billion has been sold in 2022 so far.