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As the value of cryptocurrencies continues to climb, the second-highest sale of a Cryptopunk non-fungible token (NFT) has been recorded at $16 million, as per onchain records. This sale significantly exceeds its previous purchase price of $7.67 million, which was just three years prior.
Ethereum Sees Spike in NFT Transactions as ‘Alien Punk’ Cryptopunk #3,100 Sells for $16 Million
On Monday, Cryptopunk #3,100, known as an ‘Alien Punk’ within the NFT series, changed hands for $16 million, equivalent to 4,500 ETH. This transaction ranks as the second priciest in the Cryptopunk market history. The record for the highest sale still belongs to Cryptopunk #5,822, another ‘Alien Punk,’ fetching $23.7 million. Sporting a headband, Cryptopunk #3,100 has now been owned by three different collectors.
Seven years back, its first owner acquired it for a mere $2,133, and then it was sold three years ago for $7.67 million, which was about 4,200 ETH at that time, compared to the recent 4,500 ETH. This transaction propelled the collection to the forefront of 24-hour NFT sales by series, surpassing Nodemonkes and Uncategorized Ordinals in popularity.
Furthermore, this purchase has boosted the total sales volume of NFTs on the Ethereum network, reaching $39,046,592 in the last 24 hours. With a 63.38% increase in Ethereum-based NFT sales, largely thanks to Cryptopunk #3,100, the minimum price for acquiring a Cryptopunk NFT has surged to 57 ether, as reported by nftpricefloor.com.
What do you think about the Cryptopunk that sold for $16 million on Monday? Let us know what you think about this subject in the comments section below.