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REGULATION
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1 year ago

CryptoPunks record another $16M NFT sale in March

2024-03-25

REGULATION
by
1 year ago



The sale of CryptoPunk #7804 for approximately $16 million in Ether marks another record-breaking moment for the blue-chip NFT collection. 


This rare alien piece is one of only nine alien CryptoPunks and possesses several unique attributes, including a forward cap, a pipe, and small shades.


The recent sale follows another high-profile NFT sale earlier in March when CryptoPunk #3100 sold for around $16 million.


The seller of CryptoPunk #7804, Peruggia, expressed their thoughts on the sale and described it as the "end of an era." 

Peeuggia Tweet on Twitter (X)

Despite being offered around $18 million in 2022, Peruggia held onto the NFT for over three years. The sale has garnered praise from the community, with many congratulating the seller for holding onto such a valuable asset.


The sale of CryptoPunk #7804 has also propelled the NFT collection's sales volume, surpassing other popular NFTs like NodeMonkeys and Mad Lads in weekly sales. 


In the last seven days alone, CryptoPunks recorded $21.5 million in sales, contributing to the overall increase in transaction volume for NFTs across multiple blockchain networks. 


In the last 30 days, NFTs have recorded a staggering $1.5 billion in sales volume.


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