CryptoPunk was purchased by CryptoPunks and another NFT collection, Meebits, for around $2.7 million. This is the fifth largest collection of CryptoPunk auctions since its launch in 2017. CryptoPunk #4464 was estimated to be worth approximately $2.7 million before sale, and it is the 32nd rarest CryptoPunk according to the Rarity ranking website Rarity.Tools.
The most expensive CryptoPunk is CryptoPunk #5822, paid by ChainCEODeepak Thapliyal in February 2022 for 8,000 ETH worth about US$23.7 million at the time, breaking the US$11.8 million paid in June 2021 #7523. The three most expensive CryptoPunks each feature nine of the "alien" traits unique to CryptoPunks. At press time, the price was $2.72 million punk#9280 gave an unacceptable bid.
Blue-chip NFT sees a small recovery
CryptoPunk#4464's customer is "zoomc" who owns 25 punks and spent a whopping $3.9 million on 24 x 8-bit images generated by an algorithm. According to data from crypto sales tracker nonfungible.com, CryptoPunk #4464 is one of 22 punks bought in the past 24 hours and the most expensive NFT in the past 7 days. The cheapest punk in the past 24 hours was 77ETH #3711 (approximately $80,000). Zoomc is currently selling three punks, #2586, #6679 and #8662.
Sales of so-called blue-chip NFT collectibles have surged over the past 30 days. In the past five days, two BoredApeYachtClub series NFTs have been sold for more than $1 million each. Although according to Chainalysis, NFT sales in June 2022 showed an annual trough, with a total of slightly more than 1 billion US dollars, but in the top 10, there are 7 CryptoPunks whose prices range from 36,000 US dollars to 874,000 US dollars.
Digital art NFT takes a sharp turn for the worse
Broader NFT sales have cooled. At Christie's auctions earlier this year, only a handful of digital art NFTs made it to the top. Mike Winkelmann, commonly known as Beeple, whose famous "Everydays: The First 5,000 Day" fetched $69.3 million in 2021 sold at the price of , and sold a piece of data landscape art at the auction house on June 28, 2022 at a price of 25,000 US dollars.
The well-known art auction house stated that the sales of NFT this year were only 4.6 million U.S. dollars last year, while last year's sales were 1 million to 50 million U.S. dollars. Nicole Sales, digital art sales manager at Christie's, explained that the focus is shifting from speculation in 2021 to art in 2022.
Last year, NFT sales totaled $40 billion, reaching a peak of $12.6 billion in January. So far, the total sales in 2022 are 42 billion US dollars.
