The NFT market witnessed a notable surge in high-value transactions this week, with CryptoPunk #8958 emerging as the leader. Sold for a remarkable $513.78 (169.7 ETH), it captured the highest sale among NFTs over the last seven days. The unique traits of CryptoPunk #8958 and its past made it highly valued, indicating the market demand for memorable NFTs. Phoenix, a crypto analytical platform, shared the list of top non-fungible tokens (NFTs) over the past week.
CryptoPunks Dominate the Weekly Leaderboard
Apart from CryptoPunk #8958, the NFT collection captured all the top ten most significant sales of the week. CryptoPunk #6968 was noteworthy as it was purchased for $463.81 (149.5 ETH), and CryptoPunk #1219 was bought for $453.17K (140 ETH).
These high-value transactions indicate that CryptoPunks remains a collection of highly sought-after NFTs. CryptoPunks are best known to signal status in the community in the same way that they were accepted and seen as blue-chip tokens from the concept’s inception.
A Week of Six-Figure NFT Sales
Other notable sales included CryptoPunk #4566, fetching $181.24K (58.5 ETH), and CryptoPunk #1188, selling for $176.80K (53 ETH).In addition, CryptoPunk #3594 was sold for 52 ETH ($166,60), and CryptoPunk #1270 recorded a transaction of 51 ETH ($166.60K). Each sale highlights the consistent trading activity within the CryptoPunk ecosystem.
These digital assets’ strong performance highlights legacy NFT collections’ power. The appeal of historical collections continues to draw both seasoned investors and newcomers. The impressive sales volume indicates confidence among NFT collectors, particularly in established collections like CryptoPunks.Â
