Trading volumes are down, but NFTs continue to fetch millions of dollars in individual sales
These days, the cryptocurrency and non-fungible token (NFT) sectors are in the middle of a bear market.
However, three NFT collections saw big sales this week, with two of the most popular collections selling for millions of dollars, while a collection from a top NFT artist collected a huge amount. Let’s take a look:
One of the most popular and valuable NFTs is CryptoPunksone of the first Ethereum ETH/USD based NFT collections ever.
A rare CryptoPunk with the Ape trait sold for 3300 ETH or $4.45 million in a recent transaction. According to Bored Ape Gazette, the purchase was made after 1,300 ETH was transferred from a Gemini Wallet.
The new owner of the rare CryptoPunk is anonymous. The ape punk was previously owned by the famous CryptoPunk collector SeedPhrase.
CryptoPunk #2924 now ranks fourth all time for CryptoPunk sales by ETH amount and ranks as the ninth largest sale by dollar value among the top 12 transactions for CryptoPunks of all time.
CryptoPunken is one of 24 monkeys, among the rarest properties in the collection of 10,000 NFTs. According to the CryptoPunks website, Punks with the Ape trait represent seven of the top 12 transactions of all time by ETH value.
The alien trait, which is only in nine Punks, ranks as the top three transactions of all time. The Zombies feature, which is in 88 Punks, has two of the top 12 sales of all time.
The sale led to a run on CryptoPunks sales and also several large deals on punks with rare properties.
- CrytoPunk #4472who is one of 88 Zombie draft punks, has a bid of 700 Ethereum, or about $930,090 at the time of writing.
- CryptoPunk#4513who is also a Zombie punk, has a bid of 900 Ethereum, or about $1.21 million.
- CryptoPunk #5944who is another Zombie punk, has a bid of 800 Ethereum, or about $1.08 million.
- CryptoPunks has a sales volume of $5.9 million in the last 24 hours, ranking first among all NFT collections according to data from CryptoSlam.
The floor price of CryptoPunks is 64.95 ETH, or $87,358 at the time of writing.
Mega Mutant Ape Yacht Club stock
One of 12 of the rarest Mutant Ape Yacht Club NFTs sold in a deal worth $1.3 million.
Mega Mutant Ape Yacht Clubs are the rarest of a collection of 20,000 NFTs from Yuga Labs that were launched via a mutant serum airdrop to Bored Ape Yacht Club holders and a public sale of 10,000 NFTs.
Mutant Ape Yacht Club #30003 was purchased for 1,000 ETH, or about $1.3 million, by Fragmentsxyz. The previous owner MachiBigBrother is one of the largest Bored Ape Yacht Club owners.
Fragmentxyz is now the owner of four Mega Mutant Ape Yacht Clubs, with #30006, #4318 and #1796 also owned.
The owner of the four Mega Mutant Ape Yacht Club NFTs is working on the launch of Applied Primate Engineering, a future story involving NFTs.
“We are honored to continue to build our own space within the universe built by Yuga Labs, we hope AppliedPrimate and our 4 mega mutants will be a central part of this universe for many years to come. More to come from Applied Primate soon,” the company said.
Fragmentxyz founder PTM.ETH took over Twitter to announce the purchase of the Mutant Ape known as “Mega Noise”.
“One of my favorite Megas of all time! Our friends at Yuga Labs are becoming the Disney of Web3 and we want to build the next Marvel Studios in the Yuga universe. The Megas are the Avengers, of course,” PTM said.
Mega Mutant Ape Yacht Club NFTs make up four of the best transactions for the NFT collection Open sea with sales at 350 ETH, 335 ETH, 250 ETH and 222 ETH. The highest non-mega Mutant Ape Yacht Club sale on the platform is 120 ETH.
Tyler Hobbs is selling off collection
One of the best-selling NFT collections of all time is art blocks, a generative art company that has released collections from several of the top artists.
Many remember Fidenza, one of the most popular and valuable Art Blocks collections of all time. Tyler Hobbs, the artist behind Fidenza, released his latest NFT collection this week.
Called QQL, the new generative art collection from Hobbs and Dandelion Wist sold out and raised around $17 million. A total of 900 NFT coin cards were sold for 14 ETH each, around $18,600. An additional 99 mint passes were also reserved for future “surprise collaborations”.
The passes can be sold on secondary markets or minted for a QQL piece.
The floor price of Fidenzas is 96 ETH, or around $127,175 at the time of writing.
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This article was originally published on Benzinga and appears here with permission.