NFT SOLD FOR 1.5 MILLION! 🤯 Wasn't This Sector Dead? 👇
The CryptoPunk NFT (6915) has been recently sold for 1.5 million! But what makes people spend so much for that collection? CryptoPunks were one of the first NFT collections on the Ethereum blockchain, launched in 2017. It's a collection with historic and cultural value. CryptoPunks are seen as blue-chip (high-quality) assets in the NFT world, often compared to the prestigious art collections in the traditional market of the art. But how many of these Punks exists and how much precious they are?
The collection consists of 10'000 unique 24x24 pixel art characters, more specifically:
- Humans: Majority of the collection.
- Zombies: A rarer type, with only 88 in existence.
- Apes: Even rarer, with only 24 in the entire collection.
- Aliens: The rarest type, with only 9 available
As I anticipated, some of the highest sales of CryptoPunks have been for millions of dollars. For example Alien CryptoPunk (7523) has beeen sold for $11.75 million! Even though the NFT Market is down, CryptoPunks and Bored Ape Yacht Club ($APE ) still hold value due to their rarity. Investors (most of them celebrities) see them as iconic digital assets with enduring appeal!
Will The NFT Market Recover? 🤔 Let Me Know In Comments!
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