Cryptopunks Climb Past Bored Ape NFT Floor Values Amid Crypto Market Carnage – Markets and Prices Bitcoin News

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During the last five days, NFTs stemming from the Cryptopunks NFT collection have surpassed BoredApe Yacht Club’s floor value.

This week’s NFT sales across the board are down 24% from last week’s NFT sales. $114.81 million in NFTs were sold this week, with the BAYC collection commanding the number one position in terms of the most sales.

Out of 88 total transactions, $6,443,320 in BAYC sales were recorded during the past seven days, according to cryptoslam.io. Cryptopunks held this past week’s third position in terms of sales with $1,057,812 in sales across 12 total transactions. Both blue-chip NFT collections represented 8.51% of Ethereum’s total $88.10 million in sales during the last seven days. BAYC’s all-time sales equate to $2.50 billion in sales, while Cryptopunks has amassed $2.42 billion in sales.

Today, Cryptopunks and BAYC NFTs still lead the pack when it comes to the most expensive floor values in the NFT realm. Notable floor price contenders this week include the Where My Vans Go NFTs, QQL Mint Pass, Mutant Ape Yacht Club , Azuki, and DigiDaigaku NFTs. On Tuesday evening , Cryptopunks has an overall market valuation of around 665,000 ether based on the current floor price. BAYC NFTs, on the other hand, have a market cap estimated to be around 579,000 ether or $729.18 million.

 

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I believe that the inflation is already priced in crypto market since the end of last year. These manipulative rats are always 2 steps ahead of everybody because they are market makers. I hope I’m wrong and they won’t keep dumping it on retail investors as always.

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