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NFT CryptoPunks, record sales

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One NFT famous CryptoPunks was put up for sale for $ 90 million and another for more than $ 357 million.

NFT CryptoPunks, promotional sales

This is CryptoPunk 3100 and CryptoPunk 7804. Both are part of the Alien Punks series. At the time of writing, there are no higher bids on any of them. However, if a purchase were made, it would be the largest transaction ever made by the NFT sector.

The CryptoPunk 3100 has a scarf, while the CryptoPunk 7804 has a hat, pipe and beard. The first was last sold on March 11, 2021 for 4,200 ETH. For the same amount and on the same day that the 7804 was sold.

What are NFT Cryptopunks?

Cryptopunks are NFTs created by Larva Labs in 2017, long before the hype about nonfungible tokens. They are divided into four categories: humans, zombies, monkeys and aliens.

They display “pixel” images of faces registered on the ETH blockchain. There are 10,000 of them. 24 of them were also printed and sold at auction by Sotheby’s.

CryptoPunks are the subject of mania. Just a few days ago, an allegedly anonymous investor bought 88 CryptoPunks at a time and invested $ 5.5 million.

The story of NFT CryptoPunk 3860 is unusual. It is a man’s face with a cigarette, glasses, a beard and mohawk. The owner mistakenly put it on sale for a penny after paying around 30 ETH on July 29. Someone actually bought it. It was necessary for the buyer to “bribe” the Ethereum miner 22 ETH so that the transaction was validated in a single block. The Flashbots protocol was used for this.

So the buyer spent about $ 57,000, but then could resell the valuable NFT for $ 136,000. The CryptoPunk 3860 sold for ETH 130 (approximately $ 360,000) and is now for sale for $ 5 million, proving one thing: CryptoPunks are NFTs of the moment.

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.
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