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    HomeNFT$16M CryptoPunk #3100 Sale Spotlights Market’s Explosive Growth

    $16M CryptoPunk #3100 Sale Spotlights Market’s Explosive Growth

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    $16M CryptoPunk #3100 Sale Spotlights Market’s Explosive Growth

    M CryptoPunk #3100 Sale Spotlights Market’s Explosive Growth

    As Bitcoin nears its highest value, surpassing $67,000, the NFT market experiences a swift revival characterized by extraordinary sales, among them the sale of CryptoPunk #3100 — signifying a landmark event in the realm of digital assets.

    Punk #3100 made history yesterday by being snatched up for around $16 million (4,500 ETH), marking the second-largest sale in the CryptoPunk NFT series

    Such a sale, facilitated by OpenSea, outdid a previous offer of $14.5 million (4,250 ETH) on March 1. The collectible’s allure includes standing out as one of the nine ‘alien punks,’ distinguished by its bluish skin.

    These alien variants are highly sought after in the CryptoPunk series for their rarity and unique aesthetic. Two other alien punks are currently available for $17.8 and $19.6 million, underscoring the strong demand for these otherworldly virtual characters. 

    CryptoPunk #3100 sale
    Source: NFT Price Floor

    CryptoPunks Lead the Charge

    Amidst a buoyant revival in the NFT sector, characterized by a surge in buyer engagement and a recent 25% increase in daily market volume, CryptoPunks stand at the epicenter. 

    According to NFT Price Floor, CryptoPunks currently has a total 24-hour trading volume of approximately $18.73 million (4,970.2 ETH) and a market cap of roughly $2.05 billion (544,000 ETH), impressively positioning the NFT brand as today’s most celebrated NFT collection.

    Still, the highest record for one of these Pixelated Punks is held by CryptoPunk #5822, which Chain CEO Deepak Thapliyal bought for around $23.7 million (8,000 ETH) at the time, back in February 2022.

    Must read: The 10 Most Expensive NFT collectibles Ever Sold – NFT Plazas

    The recent price tag of CryptoPunk #3100, coupled with the renewed enthusiasm for NFTs and cryptocurrencies, signals a transformative phase in the digital asset space. 

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    *All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

    The post $16M CryptoPunk #3100 Sale Spotlights Market’s Explosive Growth appeared first on NFT Plazas.

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