BTC $48624.67 (2.10%)
ETH $3524.42 (1.63%)
USDT $1.00 (-0.0%)
BCH $635.97 (1.23%)
BSV $158.55 (-1.7%)
LTC $183.49 (0.64%)
BNB $418.43 (1.66%)
ADA $2.41 (1.32%)
DOGE $0.24 (1.01%)
BTC $48624.67 (2.10%)
ETH $3524.42 (1.63%)
USDT $1.00 (-0.0%)
BCH $635.97 (1.23%)
BSV $158.55 (-1.7%)
LTC $183.49 (0.64%)
BNB $418.43 (1.66%)
ADA $2.41 (1.32%)
DOGE $0.24 (1.01%)

CryptoPunks NFTs Record $900 Million Month Sales

CryptoPunks NFTs Record $900 Million Month Sales
  • CryptoPunks is shaping into a record month of their NFT sales.
  • The total NFT sales are almost $900 million total spent over the past 30 days.
  • CryptoPunks August sales are triple the previous NFT sales in May.

Over the past 30 days, almost $400 million has been spent on CryptoPunks. In addition, August is shaping up to be a month for non-fungible token (NFT) sales, with almost $900 million total spent.

According to the tracking portal NFT data, $896 million has been spent on NFTs over the past 30 days. This amount is expected to exceed $900 million by the end of the month, marking a new record for the growing industry.

The number is more than triple from the previous NFT sales in May $255 million was sold. However, August shows a skyrocket in sales, and it has mainly due to CryptoPunks and Axie Infinity.

Read Also: Axie Infinity Price prediction

CryptoPunks NFTs Record $900 Million
NFT sales in USD, past 30 days – nonfungible.com

According to Cryptoslam, $397 million records in CryptoPunk sales have happened so far this month. Besides, the average sale price for the pixelated punks is a massive $214,000.

Notably, one of the most expensive ever sold was the Punk 7523, a rare alien punk wearing a face mask that went for a massive $11.5 million in June Sotheby’s auction.

Furthermore, the credit card giant Visa published that it had acquired its own CryptoPunk for 49.5 ETH earlier this week. The purchase is worth just under $150,000 at the time of purchase. Besides, the Head of the crypto at Visa Cuy Sheffield said:

With our CryptoPunk purchase, we’re jumping in feet first. This is just the beginning of our work in this space.

Wu Blockchain reported that Chinese investors are buying up CryptoPunks like proverbial hotcakes. After that, Cai Wensheng, the founder of smartphone software firm Meitu, splashed out on CryptoPunk 8236 with 125 ETH, roughly $387,000.

Recommended News

A Computer Engineering graduate who writes news focuses on cryptocurrency-related and blockchain technology. He is enjoying using his skills to contribute to informing people of the exciting technological advances that happen every day.