The CryptoPunk #6915 NFT recorded a record sale of 620 ETH, equivalent to 1.48 million dollars. Meanwhile, Ethereum is in first position in the Blockchain NFT sales ranking, followed by Solana and Bitcoin. 

The CryptoPunk NFT and the record sale of #6915 at 620 ETH

Suddenly, all eyes of the crypto community are back on the NFT market. In the last 24 hours, in fact, the CryptoPunk number 6915 was sold for a record figure of 620 ETH, the equivalent of 1.48 million dollars. 

“CryptoPunk #6915 just sold for 620 ETH ($1.48M)”

Specifically, the CryptoPunk #6915 is also the 53rd NFT of the famous CryptoPunk collection of 10,000 total pieces. 

From what has emerged, it seems that the address of the buyer initially offered 550 ETH, and then, after two hours, increased their offer for this NFT to 620 ETH, winning the sale. 

This record sale adds to those that have already taken place during this 2024, specifically in the month of April. 

In fact, five months ago, the CryptoPunk #635 had been sold for 4000 ETH, the equivalent at that time of 12.4 million dollars. 

CryptoPunk NFT and the record sale: Ethereum in first position in the Blockchain ranking

Looking at the data from cryptoslam, the record sale of CryptoPunk #6915 in the last 24 hours has confirmed the first position of Ethereum in the ranking of NFT blockchains by sales.

And indeed, always in the last 24 hours, Ethereum has recorded NFT sales for a total of 4.8 million dollars. In second place, there is then Solana, with 2.16 million dollars in NFT sales and, in third place, there is then Bitcoin with 1.83 million dollars.

The ranking changes only in sales numbers but not in blockchain positions if you also look at the last month. 

Ethereum remains in first place with a total of 124.5 million dollars in NFT sales, Solana with 75.99 million dollars, and Bitcoin 54.9 million dollars. 

Despite this ranking, in the last thirty days the top NFT sale is not the CryptoPunks collection, but rather Uncategorized Ordinals on the Blockchain of Bitcoin.

The general situation in the NFT market: the price recovery

Recently, the general situation of the NFT market was analyzed with the feeling of a price recovery, confirmed by the latest record sale. 

In fact, just days ago, the BAYC, CryptoPunk, and Pudgy Penguins collections were already recording increases both in terms of floor price and total sales volumes. 

Specifically, i CryptoPunk which hold the market capitalization record in the NFT sector, have seen a strong increase in quotations starting from August 20 onwards. The floor price of the collection increased by over 20% in just 8 days, going from 22.8 ETH to 28.5 ETH. 

Also the collection Pudgy Penguins increased by 14.78%, bringing the floor price to 10.79 ETH, while Bored Ape Yacht Club rose by 2.18% to 13.09 ETH. 

The CEO of OpenSea, Devin Finzer, stated that the renowned NFT marketplace is “open” to various negotiations, from collaborations to the sale of the platform. 

OpenSea: is the NFT marketplace for sale? Here are the CEO’s words

According to what is reported, it seems that the CEO and co-founder of OpenSea, Devin Finzer, has stated that the company is “open” to negotiations.

There could also be the sale of OpenSea at stake, as Finzer said he has received interest for an acquisition, but without specifying when and from whom. 

What is clear, however, is the sector collapse that has led the platform to have difficulty justifying its $13.3 billion valuation.

In this regard, Finzer speaks of an “open approach” in evaluating partnerships, acquisitions and therefore, also the sale of OpenSea. At the moment, there are no official news, nor an active search for a suitor. 

Here are his words in an interview:

“The honest answer is that we have a rather open approach. We believe that if the right partnership were to present itself, then it would be something worth considering.”

OpenSea: the NFT marketplace for sale because of competitor Blur?

Always together with Finzer, the strong growth of the competitor NFT marketplace Blur has been analyzed, which in a way “overtaken” the primacy of OpenSea. 

And indeed, since its launch in 2022, Blur has managed to establish itself in the NFT sector, with a current daily trading volume of 18 million dollars, about five times higher than that of OpenSea. 

At the same time, OpenSea still has more users than Blur, but compared to January 2022, its monthly trading volume has experienced a 96% collapse. 

In this regard, Finzer wanted to clarify that he is not discouraged by Blur’s performance, but yes, he cannot go unnoticed. Here’s what he said about it:

“We have only noticed that Blur has cut many different corners when it comes to its approach to legal and regulatory issues”

The crypto recovery and the NFT sector

While the position of OpenSea and the sale of the platform is not clear, Finzer also talks about a possible recovery of the crypto market, which could lead to a new growth for the NFT sector. 

Compared to the NFT mania of 2021, the following years have been rather turbulent for the sector. Yet during 2022, the NFT marketplace acquired Gem, an NFT aggregation tool, Dharma, a first cryptocurrency wallet, and Mintdrop, which allows creators to quickly bring their collections to the market.

These actions carried out during the crypto winter have been opportunities for Finzer as a dealmaker, who seeks opportunities when bearish markets turn into bullish markets. 

Not only that, for these first weeks of 2024, the CEO of OpenSea has declared to have had meetings with luxury brand executives to develop custom NFT projects, and participation in various events during Fashion Week this week in Paris.

According to Finzer, the presence of Gucci and Louis Vuitton in the NFT sector this year is different from previous years, as there is more market awareness. Here are his words on the matter:

“I think people are now starting to understand it more deeply. I was really impressed when I had these conversations, by the level of sophistication of the people managing these projects and initiatives.”

The dismissal of employees

Last November, OpenSea made headlines for a significant organizational transformation, which caught the attention of the entire crypto space. 

In practice, OpenSea had decided to lay off half of its staff, raising doubts about its status.

In this regard,  Finzer has now commented:

“The restructuring we have done has been aimed at changing the composition of the team to make it leaner and smaller, so that we can operate more agilely in the market, rather than downsizing it due to financial pressures”

Due to the high number of requests received, NFT Bunny has decided to postpone the end of the private sale of the BUN token, initially scheduled for today, December 22, 2021. 

The deadline for the closing of Round 3 has been moved to January 6, 2022, at 15:00 CET. 

NFT Bunny private sale continues

The private sale of the BUN token had started last December 5 with a 3-hour flash round that went sold out. That was followed by a 24-hour seed round last December 6, and then the actual private sale with three different rounds scheduled from December 7 to 22.

Each phase saw a high number of subscribers who wanted to put their trust in BUN and NFT Bunny. 

That has convinced the team not to close the presale, at least not yet.

Ilaria Stirpe, COO of NFT Bunny, explains:

“The numerous requests received to buy the BUN token, on the one hand, filled us with enthusiasm, on the other, we were faced with the objective difficulty of not being able to fulfill all of them in a short time. For this reason, we thought it was appropriate to extend the end date of the presale. We were really counting on Round 3, and so far, we are very satisfied with it: it was the most affordable one, just as NFT Bunny wants to be. By extending the deadline, we give the opportunity to many others to participate, making our community grow even more before NFT Bunny is live”.  

Utilities of the BUN token

BUN is not only the governance token of NFT Bunny (which is a decentralized platform whose governance model is governed by the EthereansOS protocol), but it is also a utility token to take advantage of the platform’s premium services. In addition, with BUN, you will be able to mine and trade NFTs. BUN will also give rewards if used for staking or lending. 

NFT Bunny ready for debut

At the moment, NFT Bunny is not yet live. A small number of users are testing the platform. In January 2022, it will be open to the public. 

NFT Bunny will not be just a simple NFT marketplace, but it will be a complete space where artists, creators, and influencers can mine and sell their works but also meet their community, interact with it, and organize events and workshops in a metaverse that will be rich and evocative. 

Already official partners such as OVR, Prodea Group, and Hype.Art will contribute to the realization of this. 

In addition, the ease of use allows to include even those who are not familiar with the blockchain. In fact, it only takes a few clicks to mine NFTs without any special technical knowledge. Taking advantage of this, a famous brand such as Dondè Art Gallery will also make its debut in the NFT world, choosing NFT Bunny to create its first non-fungible token. 

The team has other news in store that will be announced soon in view of the official platform launch and the public sale of the BUN token. 

Related posts
More from author