Cryptopunk sells for $2.6M as the collection sees 700% jump in sales. A rare CryptoPunk NFT successfully sold for 2,500 ETH, or roughly around $2.6 million on Tuesday night, marking the fifth largest sale in the collection’s history
The Big Sale
According to data from Rarity.Tools, this Cryptopunk is only one of 24 ape-themed punks and is reportedly the 32nd rarest punk out of all 10,000 in the Cryptopunks collection. The buyer of this rare punk was revealed to be the NFT whale “zoomc”, who has now added this new NFT to his collection of 24 Cryptopunks and 113 Meebits
— CryptoPunks Bot (@cryptopunksbot) July 12, 2022
The Rise Of Cryptopunks
Despite a reported decline in the trading volume across the NFT market, Cryptopunks seems to be seeing a large increase in sales volume the past month, with data from CryptoSlam showing more than a 700% increase in Cryptopunks sales volume in the past 7 days.
Besides the sales volume, the floor price of Cryptopunks has also been steadily rising as floor prices of the collection have now risen to 77 ETH, showing a 61% increase in the last 30 days.
Not just Cryptopunks, it seems that a number of other Bluechip NFTs have been seeing a rise in both sales volume and floor price, including Bored Ape Yacht Club (BAYC), which has seen a 21% increase in its average floor price, while the Mutant Ape Yacht Club (MAYC) saw its floor price grow by 25%.