Cryptopunk NFT’s $4.4 million sale (briefly) revives flatlining market

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ICYMI: Cryptopunk NFT’s $4.4 million sale (briefly) revives flatlining market

CryptoPunk #2924 sold for 3,300 ether on Wednesday, the biggest transaction for the collection in more than seven months.

A CryptoPunk NFT selling for more than $4 million, the collection’s biggest transaction in more than seven months, provided a small glimmer of hope on Wednesday amid a dark crypto winter marked by cratering prices and volumes.

 

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Ethereum is not a bubble.

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Defying Bear Market Trends, CryptoPunk 2924 Sells for $4.5 Million in ETHIt's the fourth-highest price for a CryptoPunk NFT and quite a morale booster at a time when NFT sales have hit the bottom. It's the fourth-highest price for a CryptoPunk NFT and quite a morale booster at a time when NFT sales have hit the bottom.
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