Cryptopunks Trading Volume Surges To $1 Billion

Cryptopunks, a non-fungible token (NFT) initiative, reached $1 billion in total sales on Saturday, August 28. Cryptopunks joins the $1.6 billion and $3.53 billion NFT heavyweights Axie Infinity and Opensea.


According to dappradar.com data, the non-fungible token project Cryptopunks has now amassed a billion-dollar NFT collection, with total sales reaching $1.095 billion.

In terms of NFT sales, Cryptopunks has a number of records on dappradar.com’s “top sales” page. In terms of all-time revenues, Cryptopunks is slightly behind Opensea ($3.54 billion) and Axie Infinity ($1.68 billion).

Cryptopunk #8888, the largest sale on August 28, sold for 888.8 ether, or $2.87 million. There’s also Cryptopunk #9373, which sold for 499.99 ether on Saturday, or nearly $1.63 million at the time of sale, based on current ethereum (ETH) exchange rates.

On Saturday afternoon, Cryptopunk #2310 sold for 380 ETH ($1.23 million), Cryptopunk #9100 sold for 350 ETH ($1.14 million), and Cryptopunk #7674 sold for 342.69 ETH ($1.11 million) (ET).

Cryptopunk is only behind Artblocks in terms of sales this week, according to nonfungible.com market statistics. While Artblocks had 24,454 sales for $228 million, Cryptopunk only had 686 sales worth $173 million, according to seven-day statistics.

American youtuber Logan Paul also posted a tweet flaunting his new NFT “The mooncat” which he bought in 160 Eth (approx $522k) after cryptopunks.

$671 Million in NBA Top Shot Sales

There are 10,000 Cryptopunks in circulation, with 2,888 wallets holding at least one Cryptopunk NFT each. 75 percent of punk owners hold at least two Cryptopunks, and one entity owns a total of 254 punks. The project’s sales increased by 750 percent in seven days, with 343 traders selling $144.605 million to Cryptopunks.

Cryptopunks’ $1.095 billion in total revenues puts it far ahead of the rest of the projects on dappradar.com. On August 28, NBA Top Shot had $671 million in total sales, Rarible had $197 million, and Superrare had $103 million.

For more interesting and informative Twitter Talks and News, stay connected.

Please follow and like us:

Related Articles

Facebook
Twitter
Telegram