CryptoPunks is one of the most famous NFT collections out there. Based on the Ethereum blockchain, CryptoPunks is a collection of 10,000 algorithmically generated 24×24 pixel portraits launched by Larva Labs back in 2017. CryptoPunks is now considered the crème de la crème of NFTs. If someone owns a punk, you know you’re dealing with an old fashioned investor or someone with cash to spare.
let’s go through the top 5 most expensive CryptoPunks
#1 CryptoPunk #5822
- Price: $23.58 million
- Owner: Deepak Thapliyal – Managing Director of Chain.
The most expensive CryptoPunk happens to be a super rare Alien Punk. There are only 9 Alien Punks out there, which gives you an idea of how rare this punk is. In addition, #5822 is also wearing a bandana, which makes it more unique. Punk #5822 is more than twice as expensive as the second most expensive CryptoPunk.
#2 CryptoPunk #4156
Yes, the two most expensive punks in the world have the same blue bandana. #4156 is a rare Ape punk (one of 24). Previously, Punk #4156 sold for 650 ETH; this is less than a third of today’s price.
#3 CryptoPunk #5577
Coming up at number 3 is another Ape-punk. While the previous two wore blue bandanas, this one wears a cowboy hat. The hat is a rare feature as only 142 punks have it – slightly less than 1.5% of the total collection.
#4 CryptoPunk #3100
At number four we have another Alien Punk. On March 11, 2021, Punk #3100 was sold for 4200 ETH. This punk also has a headband, a trait possessed by only 4% of the other CryptoPunks. Fancy this punk? The owner is selling it for a whopping 35,000 ETH!
#5 CryptoPunk #7804
Rounding off the top 5 is another Alien punk. Punk #7804 has three rare characteristics that support its value. These are:
- Cap Forward: Just over 2.5% of punks have this trait.
- Pipe: ~3.2% of punks have this trait.
- Small Shades: ~3.8% of punks have this trait.
So not only does Punk #7804 have three rare traits, but they go really well with each other, helping to prop up its overall value. Punk #7804 is listed for sale for 8889 ETH.
In Conclusion
As you can see, people are willing to spend millions of dollars on CryptoPunks, making them one of the hottest NFT collections out there. Of the top 5, three are Alien punks, while the other two are Ape punks. Interestingly, out of the top 5, four punks only have one trait each. People seem to value the rarity of the punk type more than the qualities themselves.
