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CryptoPunk #924 was sold for $739,000

Oct 27, 2022
CryptoPunk #924 was sold for $739,000
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On October 26, an investor invested in NFT CryptoPunk #924, buying it for 475 ETH. At the current exchange rate, this is $739,000. The information was posted on a Twitter page that tracks purchases of the collection.

Experts positively note this purchase. After all, this confirms the presence of interest in NFT, even despite the long crypto winter.

The sold token has a rarity level of 132.39 and is below the 2000th line in the rarity rating.

Visually, CryptoPunk #924 has several distinguishing features: a lush beard, red and blue glasses and a voluminous hoodie.

It is worth noting that this NFT collection appeared 5 years ago, but it was only able to gain popularity in 2021. At that moment, the market was gripped by a boom in unique collectible characters and some tokens were sold for millions of dollars. Among the buyers were well-known entrepreneurs, as well as show business stars. Thus, they supported the development of modern trends.

Nowadays, the NFT industry is going through hard times. Sales have plummeted by 60% since June of this year.

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