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.
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.
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.
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.”
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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.