Cryptopunks Total Sales Surpasses $2 Billion Mark

CryptoPunks’ total sales volume has surpassed $2 billion as of May 2022. As a result, the recent milestone elevated CryptoPunks above some of the most successful NFT projects, placing it just behind Axie Infinity.

Gary Vee Cryptopunks NFT
Gary Vaynerchuk owns 62 CryptoPunk NFTs. Credit: Dexerto

 

All-Time Sales Volume of Cryptopunks NFT

Since January 2022, CryptoPunks’ overall transaction count has increased significantly, eventually contributing to a $2 billion sales volume. It also observed an increase in unique monthly users, hitting 501 transactions in the month of January.

Cryptopunks NFT All time sales
Sales volume of Cryptopunks crosses $2 billion. Credit: CryptoSlam

 

In the meantime, overall transactions grew by 187 percent in March, hitting about 1,400. Furthermore, it left CryptoPunks with a sales volume of $98.5 million, up from $6.1 million in January. Furthermore, the initiative surpassed a new milestone of $679 million in August 2021, with over 2,500 transactions. September ($217 million), October ($158 million), and December ($172 million) were also promising months for CryptoPunks in 2021.

Cryptopunks NFT Transactions
Increase in Cryptopunks NFT transactions, crossing the $2 billion mark. Credit: CryptoSlam.

BAYC creator Yuga Labs bought the CryptoPunks project, boosting the collection’s worth. CryptoPunks’ total sales volume may surpass $2 billion with planned incorporation into additional projects.
At the time of posting, CryptoPunks had a floor price of 61 ETH (about $175,000). In addition, VeeFriends creator and NFT influencer Gary Vaynerchuk disclosed in discussion with Logan Paul that he owns 62 CryptoPunks. As a result, his CryptoPunks collection alone is worth $10 million.

Gary has stated that “I’m probably not more confident in any investment I have than CryptoPunks.” “To even be in the conversation with CryptoPunks, VeeFriends [his NFT Collection] must function flawlessly for 15 years.”

 

Check out our NFT Drops Calendar
To never miss important NFT Drops that are happening
Stay up-to-date by following our Twitter !
All the Drops and the latest news are summarised on Pinterest and Medium Blogs.

Abhishek Singh

Abhishek Singh

Abhishek is a Digital marketing graduate with extensive experience in writing for finance, lifestyle, and tech. He has worked with numerous marketing and advertising agencies throughout his professional career. His interest in the world of Gaming and technology motivates him to stay informed about every little detail and write with passion.

Best NFT Websites

  • 1
    chart

    OpenSea is the world’s first and largest NFT marketplace

Best NFT Websites