CryptoPunk #6915 Sells For Over $1.4M – Are NFTs Making A Quiet Comeback?

The
non-fungible
token
market
appears
to
making
a
quiet
comeback
after
suffering
another
month
of
40%
negative
growth
in
August
2024.
Punk
#6915
has
just
sold
for
over
$1.4
million,
proving
that
investors
are
still
willing
to
make
a
huge
stake
in
the
non-fungible
token
market.
Last
month,
another
punk
sold
quietly
for
more
than
$3
million
despite
the
recent
NFT
market
meltdown.

Punk
6915
bought
for
620
ETH
($1,480,870.00
USD)
by
0x8bbccd
from
0xe38ee2.

https://t.co/3Ajq8n3ilN

#cryptopunks

#ethereum

pic.twitter.com/YOT81UKI7n

—
CryptoPunks
Bot
(@cryptopunksbot)

September
5,
2024

Punk
#6915
Sells
For
$1.4
Million

Data
compiled
by

CryptoSlam.io,
an
on-chain
crypto
market
data
aggregator
and
a
non-fungible
token
explorer
backed
by
Dallas
Maverick
owner
and
crypto
billionaire
Mark
Cuban,
indicates
that
the
CryptoPunks
#6915
sold
for
over
$1.4
million,
just
nine
hours
ago.
This
collectible
top
sale
has
pushed
daily
sales
volume
for
CryptoPunks
up
441%
to
over
$1.7
million.

Minted
in
2017,
CryptoPunks
is
a
non-fungible
token
collection
from
the
digital
asset
incubation
Larva
Labs,
featuring
a
limited
edition
of
10,000
pixilated
profile
pictures
exclusively
hosted
on
the
Ethereum
blockchain
network.
In
2022,
the
intellectual
property
for
CryptoPunks
was
then
sold
to
Yuga
Labs,
developer
of
the
Bored
Apes
Yacht
Club
and
Mutant
Ape
Yacht
Club
NFT
collection.

CryptoPunks
have
rapidly
grown
to
become
one
of
the
premium
non-fungible
token
collections
in
the
NFT
market,
with
some
of
its
rare
tiers
even
trading
for
millions
of
dollars.
Some
of
the
punks
that
have
sold
for
jay-breaking
sums
include
Punks
#5822
bought
by
Deepak
Thapliyal
for
over
$23
million
on
February
13,
2022,
CryptoPunk
#3100,
sold
for
4,500
Ether,
worth
over
$16
million
in
March
2024and
CryptoPunks
#7523
sold
for
over
$11
million
in
2021.

The
NFT
Market
Health
Today

The
global
non-fungible
token
market
has
recorded
positive
gains
today
after
CryptoPunks
and
other
NFT
collections
exploded
in
trading
sales
volume.
In
the
past
24
hours,
the
global
NFT
market
has
amassed
a
trading
sales
volume
of
$13
million,
up
16.7%
from
the
past
day.
During
this
time,
Ethereum
is
leading
the
NFT
market
with
$5.1
million,
up
42%
from
the
past
day.

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