As of April 2022, CryptoPunks’ all-time sales volume crossed the $2 billion mark. Thus, the latest milestone put CryptoPunks above some of the most successful NFT projects, just below Axie Infinity.
Rise in CryptoPunks’ All-Time Sales Volume
Since January 2022, CryptoPunks has grown substantially in total transaction counts, eventually leading to a $2 billion sales volume. In addition, it also saw a surge in unique monthly users, reaching 501 transactions in January.
Meanwhile, the total transactions increased 187% in March, reaching around 1,400. Also, it left CryptoPunks with a sales volume of $98.5 million compared to January’s $6.1 million.
Moreover, in August 2021, the project reached a new milestone of $679 million, with over 2,500 transactions. Also, other promising months of CryptoPunks in 2021 include September ($217 million), October ($158 million), and December ($172 million).
Recently, BAYC creator Yuga Labs acquired the CryptoPunks project, causing a rise in the collection’s value. CryptoPunks’ all-time sales volume may cross well beyond the $2 billion mark with upcoming integration into other projects.
CryptoPunks has a 61 ETH floor price (around $175,000) at the time of writing. Also, VeeFriends founder and NFT influencer Gary Vaynerchuk revealed owning 62 CryptoPunks in a podcast with Logan Paul. Thus, putting a $10 million valuation for his CryptoPunks collection alone.
“There’s probably not an investment I have that I’m more confident in than CryptoPunks,” Gary said. “VeeFriends [his NFT] has to execute perfectly for 15 years to even be in the conversation with CryptoPunks. [They] sit in a collectible art framework of being the thing that established the whole thing.”