NFT Mania Is Back? Maybe Not, but a CryptoPunk Just Sold for a Record $56.3M

https://www.coindesk.com/markets/2024/10/03/nft-mania-is-back-maybe-not-but-a-cryptopunk-just-sold-for-a-record-563m/

8 Comments

  1. Nah, its just the same persons selling their own NFTs to themselves to make it look like NFTs are back. This and money laundering.

  2. coinfeeds-bot on

    tldr; A CryptoPunk NFT recently sold for a record $56.3 million, surpassing the previous high of $23.7 million set in February 2022. This sale marks a significant moment in the NFT market, which has seen reduced enthusiasm as attention shifted to memecoins. The NFT, Punk 1563, depicting a pixelated woman, was sold for 24,000 ether. This transaction represents a substantial increase from its September listing price of less than 30 ETH, highlighting a potential resurgence in high-value NFT sales.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  3. I know everyones going to comment money laundering/nfts are dumb hahah. If you actually want to learn something wasnt a real trade but a flash loan where was used as collateral