According to CoinDesk, one of the hallmarks of the last cryptocurrency bull run was the high-priced sales of various non-fungible tokens (NFTs). Although the world has mostly turned to Meme coins, a CryptoPunk NFT hit a record high of $56.3 million on Thursday. The previous record was $23.7 million, set in February 2022.
Punk 1563 was purchased by 0x9cbb3d from 0xba1349 for 24,000 ETH (about $56.3 million). The NFT depicts a pixelated woman with black hair and blue eyes. As recently as September this year, it sold for less than 30 ETH.
NFT sales have had a history of anomalies, including another CryptoPunk that technically sold for $532 million in 2021, but blockchain data showed the buyer and seller were the same person. NFTs have also been accused of being used for money laundering. Punk 1563's motives are unclear.
