Over the last 5 days, non-fungible tokens (NFTs) stemming from the Cryptopunks NFT assortment have surpassed Bored Ape Yacht Membership (BAYC) NFTs when it comes to flooring worth. Statistics over the past ten days present the ground worth of Cryptopunks NFTs remained above the 60 ether zone, whereas BAYC-based NFT flooring values dropped under the 60 ether vary.
Cryptopunk Ground Values Race Forward of Bored Ape NFTs
Statistics recorded on Tuesday, Nov. 15, 2022, point out that Cryptopunks NFTs at the moment are extra worthwhile than Bored Ape Yacht Membership (BAYC) NFTs, so far as flooring values are involved. At 8:00 p.m. (ET) on Tuesday, the lowest-valued Cryptopunk is round 66.50 ether which equates to 83,027 nominal U.S. {dollars}.
On the similar time, BAYC’s present flooring worth is 58.50 ETH, which equates to $73,039 utilizing present ethereum (ETH) trade charges. Ten days in the past, BAYC’s flooring worth on Nov. 5, 2022, was round 78 ether in line with nftpricefloor.com stats saved to archive.org.
Moreover, on the identical day, the Cryptopunks NFT flooring was 66.70 ether however on Nov. 5, ETH was altering palms for $1,650 per unit. Ten days later, ethereum’s USD worth per unit is $1,253 or greater than 24% decrease on Nov. 15.
In early August 2021, the ground worth of Cryptopunks surpassed BAYC’s flooring worth up till the primary week of January 2022. Minus a couple of temporary events and this week’s occasion, BAYC’s flooring worth has been greater than Cryptopunks for many of 2022.
Bitcoin.com Information reported on the Cryptopunks briefly scaling previous BAYC’s flooring on Aug. 21, 2022. At the moment, NFT flooring values from each collections had been above the 64 ether vary, and ETH was buying and selling for roughly $1,610 per unit.
This week’s NFT gross sales throughout the board are down 24% from final week’s NFT gross sales. $114.81 million in NFTs had been bought this week, with the BAYC assortment commanding the primary place when it comes to essentially the most gross sales.
Out of 88 complete transactions, $6,443,320 in BAYC gross sales had been recorded throughout the previous seven days, in line with cryptoslam.io stats. Cryptopunks held this previous week’s third place when it comes to gross sales with $1,057,812 in gross sales throughout 12 complete transactions.
Each blue-chip NFT collections represented 8.51% of Ethereum’s complete $88.10 million in gross sales over the last seven days. BAYC’s all-time gross sales equate to $2.50 billion in gross sales, whereas Cryptopunks has amassed $2.42 billion in gross sales.
As we speak, Cryptopunks and BAYC NFTs nonetheless lead the pack in the case of the most costly flooring values within the NFT realm. Notable flooring worth contenders this week embrace the The place My Vans Go NFTs, QQL Mint Move, Mutant Ape Yacht Membership (MAYC), Azuki, and DigiDaigaku NFTs.
On Tuesday night (ET), Cryptopunks has an general market valuation of round 665,000 ether ($837.52M) primarily based on the present flooring worth. BAYC NFTs, however, have a market cap estimated to be round 579,000 ether or $729.18 million.
What do you consider the ground worth of Cryptopunks NFTs surpassing BAYC’s flooring values? Tell us your ideas on this topic within the feedback part under.
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