A price like this hasn’t been reached in a long time. One of the non-fungible tokens (NFTs) in the CryptoPunks collection just sold for $2.6 million. There has also been a rise in floor prices, despite the current environment.
A CryptoPunk sold for $2.6 million
This sale concerns NFT Cryptopunk number 4464, which would almost remind one of its comrades from the Bored Apes Yacht Club.
In total, the CryptoPunk was sold for 2,500 ETH. If we only consider the amount in ETH, this is the 4th most expensive CryptoPunk of all time. But if we consider the price in dollars (and we should, in the current context), it is “only” the 15th most expensive punk in the history of the collection.
Still, the news can be seen as a welcome oasis in these bear market times, where neither BTC nor ETH manage to move significantly.
Floor prices for major collections are picking up
For it would seem that this is not an isolated act. The floor prices of NFTs’ collections have been trending up in the last few days, after having fallen sharply following the bear market. Cryptopunks in particular have seen some renewed interest.
Moreover, the main NFTs collections are in the green since yesterday, which also shows a renewed interest.
However, we remain cautious. The macro context does not really encourage optimism this week, and the crisis that the cryptocurrency world is experiencing is not yet behind us. But these types of sales show that there is still interest in the ecosystem, bear market or not.
