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CryptocurrencyPrice (USDT)
BTC$107244.7400000000
ETH$2430.5940000000
BNB$648.7697300000
XRP$2.1831380000
ADA$0.5615120000
SOL$149.7275000000
DOGE$N/A
DOT$3.3876900000
LTC$86.4175000000
LINK$13.2916500000

CryptoPunks Skyrocket As Courtyard Leads NFT Market Surge

Category: CRYPTO NEWS

The post CryptoPunks Skyrocket As Courtyard Leads NFT Market Surge appeared on BitcoinEthereumNews.com. Courtyard and DMarket became the two most popular weekly NFT sales, while CryptoPunks rose 43.99% in value. One rare CryptoPunk sold for a $10 million loss due to the current low ETH prices. Top collections such as Bored Ape and Pudgy Penguins declined while other smaller projects like LilPudgys picked up. Courtyard led in the NFT market this week with total NFT sales of $18.36 million, up from $15.874 million in the previous week, a 16.18% increase. There were 141,945 transactions recorded in the collection, with 8,712 buyers, making it the most sale-prone platform among all the others. DMarket ranked right behind it with $9.95 million in sales and a 17.56% increase. Although the average transaction amount is much lower, the high transaction frequency of 268,895 means that many of the company’s consumers are active during the week, with 20,562 buyers at that. CryptoPunks Explode Despite Low Buyer Count CryptoPunks experienced a staggering growth in weekly sales by 143.99% up to $8.01 million. Or rather, the collection only had 13 buyers and 24 transactions, but it showed that specific players made huge high-value trades. Therefore, the increase in volume may be attributed to the return of high-net-worth individuals or institutional buyers in the market. This news emerges as another CryptoPunk NFT titled #3100 was recently sold with a $10 million loss. The Alien Punk is one of the ten copies of the work currently in existence, and it was sold for 4,000 ETH (approximately $6.07 million) on April 10 in a private deal negotiated by Fountain, an art brokerage firm.  Arkham said that the seller bought the NFT for 4,500 ETH in March last year, which was valued at about $16 million at the time, and that ETH was trading at around $3,500. The 500 ETH was further reduced by…

2025-04-18T03:41:16+00:00

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