- CryptoPunks Take the Lead
- Strong Performance By Bored Ape Yacht Club
- NFT Market: Establishing As an Investment Sector
CryptoPunks have demonstrated their supremacy in the NFT market over the past seven days. Leading the sales was CryptoPunk #9790, recorded at $147,000, which is the highest sale during this period. The crypto analytical platform Phoenix shared the stats through its X account, showing how NFTs are in demand in the crypto space.
CryptoPunks Take the Lead
The market increased significantly last week, particularly with CryptoPunks and Bored Ape Yacht Club NFTs. CryptoPunk #9790 sold for 550 ETH, making it the best-selling NFT. Other significant sales of CryptoPunks include CryptoPunk #4218 and #1587, each sold for 469 ETH or $125,716. Additionally, CryptoPunk #2566, CryptoPunk #9793, and CryptoPunk #1914 recorded impressive sales, further solidifying the brand in the NFT market.
Strong Performance By Bored Ape Yacht Club
Bored Ape Yacht Club also showed great developments in its sales. At the close auction, Bored Ape Yacht Club #901 was offered at 32.0 ETH, or $85.73k. The valuable nature of these collectibles accounts for the continued sales of the series over time.
NFT Market: Establishing As an Investment Sector
The activity levels in the NFT market show that the overall market is moving from being mere hype to a more viable investment sector. Like earlier weeks, this week’s NFT market was characterized by high-value transactions. The top sale of CryptoPunk #9790 alongside other significant sales highlights the appetite for digital collectible assets and their worth in the virtual realm.
CryptoPunks continue to lead the NFT market, demonstrating high sales and confirming their importance in the digital world. The NFT market is becoming an essential investment sector, attracting increasing attention and investments.
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