These NFTs were sold for over $141,000 this week – CryptoMode
It has been an exciting week for the crypto markets which has affected the overall NFT sales. Most of the top selling this week is for Otherdeed for Otherside NFTs – although several BAYC NFTs also changed hands. There is also a spotlight on Pale Blue Death, RAREPEPE and CryptoPunks.
Otherdeed For Otherside Sale Remain Bonkers
There is huge interest in the upcoming metaverse for BAYC and MAYC holders, called the Otherside. Metaverse’s first NFT sale nearly crashed the Ethereum network, sending gas fees into the stratosphere. It seems that those who have minted an asset of this collection are willing to cash out, as the prices have become quite attractive.
This week several Otherdeed for Otherside-land NFTs have changed hands. The peak brought in 180 ETH – or $310,000 – making it the most prominent sale of the past seven days. For some, it makes sense to spend so much money on a virtual plot of land. Others will shake their heads in disbelief and wonder why anyone would go to such lengths for something that doesn’t exist yet.
Unsurprisingly, there have been a few other Otherdeed sales this week. No other transaction exceeded $300,000 in value, although there have been transfers for $228,000, $180,000 and $161,000. These amounts are significant and put all other fundraisers to shame. That said, one has to wonder if the value paid for these NFTs is a smart investment, as the price floors will rise and fall over time.
The only NFT that breaks up this dominance of Otherdeed is “pale blue death”. It is a unique 1-of-1 non-fungible token created by AlphaCentauriKid. Despite being listed for 201 ETH – or $305,000 – it found a buyer within hours. The buyer immediately sent it to BurnAddress, although it remains unclear what will happen to it going forward.
Other notable NFTs being bought
Looking beyond these big numbers, there have been a few good sales near the $150,000 mark. A RARE PEPE – Nakamoto, #263, sold for over $158,000. That’s pretty interesting, although it’s good to see more interest in that collection. Several CryptoPunks – #7386, 6748 and Bored Ape Yacht Club NFTs – #483, 5344, 3969, #5622 – sold for anywhere between $141,000 and $153,000.
Keen eyes may notice that the same collections continue to make headlines here. Given the influx of hundreds of collections on OpenSea weekly, one can expect that some new projects will see high value sales. That’s not the problem so far, though, and it seems unlikely that much will change. Anyone who missed out on BAYC, CP, or Otherdeed is out of luck to hit it big unless you somehow secure a 1-of-1 chip.
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