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    Cryptopunk Owner Hopes to Sell Punk for $91 Million — Pixelated NFT Punks Outshine the Competition



    While traditional crypto assets have seen market sentiment drop
    to a level of uncertainty, non-fungible token (NFT) assets have
    continued to sell in the millions. One project developed by Larva Labs
    called Cryptopunks has seen some of its NFTs sell for millions and on
    May 11, a collection of nine Cryptopunks sold for $16.9 million at
    Christie’s. Now a Cryptopunk NFT owner is attempting to unload a single
    NFT (Cryptopunk 3100) for $91.64 million.

     

    Cryptopunk 3100 Owner Wants $91 Million


    Non-fungible token (NFT) artwork and collectibles have shocked the
    world and NFT artists have made millions selling these products to
    willing buyers. Bitcoin.com News has been covering the NFT space for
    quite some time and just recently reported on a study that showed the most prominent and most profitable NFT collectors to date.


    Furthermore, another study
    indicated that as far as sports fans are concerned, close to three out
    of four sports fans are “moderately skeptical” about the longevity of
    NFT investments. Despite some skepticism, the fact is traditional crypto
    assets have not been performing as well as NFTs and these collectibles
    are still selling like hotcakes.


    Cryptopunk Owner Hopes to Sell Punk for $91 Million — Pixelated NFT Punks Outshine the Competition
    The owner of this specific Cryptopunk 3100 with headband accessory and one of nine alien punks wants 35,000 ether for the NFT.

    Now the owner of a rare Cryptopunk (3100) wants to get around 35,000 ethereum (ETH)
    for the unique NFT. That’s around $91.64 million in value if the owner
    sold it for the desired amount and it would surpass the recent
    Christie’s auction which sold nine Cryptopunks for $16.9 million.


    Cryptopunk Owner Hopes to Sell Punk for $91 Million — Pixelated NFT Punks Outshine the Competition
    This particular Cryptopunk (3831) sold this week for 850 ether or just over $2 million.

    It would also top the most expensive NFT sold to date, which is Beeple’s “Everydays: The First 5000 Days” which sold for 26,508.809 ETH or $69.3 million. The Larva Labs issued Cryptopunk 3100 was sold for $7.6 million on March 11, 2021. A few years ago on July 6, 2017, Cryptopunk 3100 sold for 8 ETH or $2,127 at the time of sale.



    Cryptopunks Is the Top Selling NFT Collectibles This Week, Pixelated Punk Sales Outpace 8 Different NFT Projects


    Data from nonfungible.com
    shows Cryptopunks have done extremely well during the last seven days
    selling for millions of dollars in ether. During the last seven days,
    Cryptopunks saw 935 sales that total $115 million.




    For instance, not too long ago on August 2, Cryptopunk 8053 sold for
    80 ether or $210K. Over the last seven days, Cryptopunk 5217 sold for
    2,250 ether ($5.5M), #2140 sold for 1,600 ether ($3.7M), and #3831 sold
    for 850 ether or just over $2 million. Cryptopunk 3100 is rare because
    it is one out of only nine Alien punks. #3100 also has an accessory which is the headband and 406 punks share this same feature.


    Cryptopunk Owner Hopes to Sell Punk for $91 Million — Pixelated NFT Punks Outshine the Competition
    The lot of nine rare Cryptopunks that sold at Christie’s for $16.9 million.

    Nonfungible.com also indicates that the NFT collection of 10,000
    different punks is currently the top NFT project this week out of ten
    different NFT projects. Cryptopunks has surpassed Art Blocks, Meebits,
    Superrare, The Sandbox, Decentraland, and Hashmasks. In fact,
    Cryptopunks has done two times the sales that Art Blocks saw last week
    and Cryptopunks’ seven-day stats outpace the latter eight NFT project’s
    sales combined.

    source link : https://news.bitcoin.com/cryptopunk-owner-hopes-to-sell-punk-for-91-million-pixelated-nft-punks-outshine-the-competition/


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    Item Reviewed: Cryptopunk Owner Hopes to Sell Punk for $91 Million — Pixelated NFT Punks Outshine the Competition Rating: 5 Reviewed By: 66bitcoins
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