Cryptopunks Climb Past Bored Ape NFT Floor Values Amid Crypto Market Carnage

Non-fungible tokens (cryptographic The NFT, which originated from Punks’ NFT collection, surpassed Bored Ape Yacht Club’s (BAYC) NFT in terms of lower bounds. Statistics for the last 10 days show that Cryptopunks NFT’s floor value remained above the 60 Ether zone while his NFT floor value based on BAYC fell below the 60 Ether range.

Statistics recorded on Tuesday, November 15, 2022 show that Cryptopunks NFTs are more valuable than they are today. Bored Ape Yacht Club (BAYC) NFT as far as floor values ​​are concerned. 8pm ET Tuesday, the lowest value cryptopunk is around 66.50 Ether, which is equivalent to 83,027 nominal USD.

At the same time, BAYC’s current floor is 58.50 ETH, equivalent to $73,039 using the current Ethereum (ETH) exchange rate. increase. Ten days ago, on November 5, 2022, BAYC’s lower floor was around78 Ether according to nftpricefloor.com statistics stored at archive.org.

Additionally, on the same day, the Cryptopunks NFT floor was at 66.70 Ether, while on November 5, ETH was trading at $1,650 per unit. Ten days later, as of Nov. 15, her USD value per unit of Ethereum had fallen by $1,253, or more than 24%.

In early August 2021, the Cryptopunks floor was above the BAYC floor by the first week.

Bitcoin.com News reported that Cryptopunks temporarily scaled beyond his BAYC floor on August 21, 2022. At the time, both collections had NFT floors above the 64 Ether range, withETHtrading at around $1,610 per unit.

This week’s NFT sales overall are down 24% from his NFT sales last week. $114.81 million of his NFTs sold this week, with the BAYC collection leading the way for the most sales.

cryptoslam.io According to stats, BAYC sales of $6,443,320 were recorded in the last 7 days out of a total of 88 transactions. Cryptopunks hit $1,057,812 in sales in a total of 12 trades, taking his third place in last week’s sales.

Both prime NFT collections accounted for 8.51% of total Ethereum revenue of $88.1 million over the past seven days. BAYC’s sales to date are worth $2.5 billion, while Cryptopunks’ sales have reached $2.42 billion.

Today, Cryptopunks and BAYC NFTs still lead the pack when it comes to the most expensive floor values ​​in the NFT space. This week’s notable lowest price contenders include Where My Vans Go NFT, QQL Mint Pass, Mutant Ape Yacht Club (MAYC), Azuki and DigiDaigaku NFT.

As of Tuesday night (ET), Cryptopunks has an overall market valuation of around 665,000 Ether ($837.52 million) based on the current floor price. Meanwhile, BAYC NFT has an estimated market cap of around 579,000 Ether or $729.18 million.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Exit mobile version