The NFT CryptoPunk #3100 was sold for 4,500 ETH, equivalent to over 16 million dollars, making it the second highest sale of all time.
Summary
CryptoPunk NFT: the sale of #3100 exceeds 16 million dollars
CryptoPunk #3100 has become the second best-selling NFT of all time, at a price of 4,500 ETH, equivalent to 16.03 million dollars.
Second most expensive CryptoPunk ever sells for 4,500 ETH, worth over $16 million https://t.co/X0sEyNPnvY
— The Block (@TheBlock__) March 4, 2024
“The second most expensive CryptoPunk of all time is sold for 4,500 ETH, worth over 16 million dollars”
With “second highest sale ever”, we mean in terms of price in dollars, since Ethereum (ETH), the second cryptocurrency by market cap, continues to follow the footsteps of Bitcoin (BTC) and its bullish trend.
And indeed, on March 4th the seller exceeded the previous offer of 4,250 ETH, worth 14.56 million dollars, presented on March 1st.
Currently, the CryptoPunk #3100, one of the nine so-called “Alien Punk”, has moved from third to second place in the all-time highest sales ranking on the marketplace in dollars.
CryptoPunk NFT and the ranking of blockchains by Non-Fungible Token sales volume
The sale of the CryptoPunk NFT helped the Ethereum blockchain to return to its first place in the ranking of blockchains for sales volume of NFT.
At the time of writing, in fact, according to Crypto Slam data, Ethereum is leading with over 40 million dollars in NFT sales volume. On the podium there is also Bitcoin with 26.7 million dollars and Solana with 10.2 million dollars.
Apparently, however, 24 hours ago, that is before the sale of the CryptoPunk NFT, the situation of the blockchain ranking was not the same.
And in fact, according to the screenshot published yesterday by Bitcoin Magazine, Bitcoin’s blockchain was in first place for the dollar sales volume of NFTs.
JUST IN: #Bitcoin is setting ALL-TIME HIGHS and it's now the largest NFT art market in the world
— Bitcoin Magazine (@BitcoinMagazine) March 4, 2024
Crypto is dead. Long live the king 👑 pic.twitter.com/IbejP0NzDy
“JUST ARRIVED: #Bitcoin is reaching all-time highs and is now the largest NFT art market in the world. The cryptocurrency is dead. Long live the king”
The crypto bull run and the NFT sector
As highlighted, the second highest NFT sale and the ranking of blockchains by NFT sales volume are both valued in dollar equivalent.
This means that, basically, the current bull run of the crypto market is also helping the NFT sector to reach new highs.
At the time of writing, Bitcoin (BTC) is worth $67,022, after reaching $68,770 a few hours ago. BTC is on the verge of reaching its ATH – All Time High of $69,000, reached in November 2021.
Ethereum (ETH), instead, is now worth $3,712, just a step away from the $3,735 a few hours ago but still far from its all-time high of $4,635, reached in November 2021.
So in the last seven days, it seems that between the two, the best in terms of price performance is Bitcoin which has recorded a pump of +19% compared to the 15% recorded by Ethereum.
However, if you look at the monthly chart, Ethereum is leading, with a price pump of ETH of +62% compared to +56% of BTC.