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

NFT

During the last five days, non-fungible tokens (NFTs) stemming from the Cryptopunks NFT collection have surpassed Bored Ape Yacht Club (BAYC) NFTs in terms of floor value. Statistics over the last ten days show the floor value of Cryptopunks NFTs remained above the 60 ether zone, while BAYC-based NFT floor values dropped below the 60 ether range.

Cryptopunk Floor Value Bored App Goes Ahead of NFTs

Data recorded on Tuesday, November 15th, 2022 indicates that Cryptopunks NFTs are now worth more than Bored Ape Yacht Club (BAYC) NFTs as far as minimum values ​​are concerned. The lowest price Cryptopunk had at 8:00 PM (ET) on Tuesday is approximately 66.50 Ether which is equivalent to 83,027 nominal US Dollars.

At the same time, BAYC’s current floor value is 58.50 ETH, which equates to $73,039 using current ethereum (ETH) exchange rates. Ten days ago, BAYC’s floor value on Nov. 5, 2022, was around 78 ether according to nftpricefloor.com stats saved to archive.org.

Also, on the same day, the Cryptopunks NFT floor was 66.70 Ether, but on November 5th, ETH was changing hands for $1,650 per unit. Ten days later, the USD price of Ethereum is $1,253 per unit, or more than 24% lower than on November 15.

Bitcoin.com News reported on the Cryptopunks temporarily scaling past BAYC’s floor on Aug. 21, 2022. At that time, NFT floor values from both collections were above the 64 ether range, and ETH was trading for roughly $1,610 per unit.

Bitcoin.com News reported on the temporary scaling of the BAYC floor on Cryptopunks to August 21, 2022. At that time, the NFT floor price from both collections was above the 64 Ether range, and ETH was trading at around $1,610 per unit.

Out of 88 total transactions, $6,443,320 in BAYC sales were recorded during the past seven days, according to cryptoslam.io stats. Cryptopunks held this past week’s third position in terms of sales with $1,057,812 in sales across 12 total transactions.

Out of 88 total transactions, $6,443,320 in BAYC sales were recorded during the past seven days, according to cryptoslam.io data. Cryptopunks took the third spot in terms of sales last week with $1,057,812 in sales across 12 total transactions.

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 (MAYC), Azuki, and DigiDaigaku NFTs.

As of Tuesday evening (ET), Cryptopunks has a total market valuation of approximately 665,000 Ether ($837.52M) based on the current low price. On the other hand, the market cap of BAYC NFTs is estimated to be around 579,000 Ether or $729.18 million.

admin

Read Previous

XRP Price Enters Final Capitulation Phase, This is When it May Hit an ATH Above $4

Read Next

One of Largest Ethereum Holders in World Would Surprise You

Leave a Reply

Your email address will not be published. Required fields are marked *

Right Menu Icon