Highest NFT Sales for May 2021
Regardless of the market conditions, Non-Fungible Tokens (NFTs) remain a popular asset class with a cool $250 million worth of NFT sales in this latest 30-day period.
In the past month, CryptoPunks creators Larva Labs, launched their new digital collectibles project, Meebits, which has dominated the markets and broken sale records on leading NFT marketplace, OpenSea.io.
CoinBurp would like to thank NonFungible.com for providing all the data below. So here are the top 5 sales from May 2021!
5) Meebit #776
Last Sale Price: US$1,318,753.80 / 390 ETH
First Sale Price: US$8,010.80 / 2.43 ETH
Accumulated Sales: US$1,326,764.60
This bald Meebit is the first of four to make it on to the top five list. This ‘visitor’ type is sporting denim coloured regular pants, headphones, sliders and a collared shirt over its logo tee. Whilst not the most valuable on the list (by a very small margin), the simple stylish look is great.
4) Meebit #2948
Last Sale Price: US$1,345,424.00 / 400 ETH
First Sale Price: US$8,206.61 / 2.471 ETH
Accumulated Sales: US$1,353,630.61
Another ‘visitor’ type makes the list and is one of the two on this list to have both green skin and have an Invader Tee, which may see an indicator of value within the Meebits metaverse. With a white hat, athletic shorts, and some rather robust-looking work boots, this Meebit ranks among the best of them.
3) Ͼ #1190
Last Sale Price: US$1,410,736.00 / 400 ETH
First Sale Price: US$12,583.04 / 32 ETH
Accumulated Sales: US$1,442,328.64
Seemingly, the combinations of rather hardcore elements atop the zombie green skin make for a particularly valuable NFT. A simple yet effective combination of a zombie plus handlebars, an earring, bandana, and cigarette make this CryptoPunk one of the most downright hardcore Punks on the market.
If last month’s top 5 NFT sales are anything to go by, it seems as though the brains at Larva Labs have become trailblazers, as last month they dominated with CryptoPunks, and this month, Meebits.
2) Meebit #8598
Last Sale Price: US$1,457,404.20 / 420 ETH
First Sale Price: US$8,026.00 / 2.444 ETH
Accumulated Sales: US$2,509,136.09
The trend of green skin creating value within Larva Labs lives on, as this minimalist Meebit is donning cargo pants in camo, with an invader tee also in matching camo. It’s a quality look, though its head looks a little chilly.
Last Sale Price: US$2,674,665.00 / 700 ETH
First Sale Price: US$2,674,665.00 / 700 ETH
Accumulated Sales: US$2,674,665.00
Here’s a pretty spectacular NFT, it’s the most valuable Meebit in existence, making its market debut at an extraordinary price.
This fleshy ‘dissected’ type is rocking a stylized hoodie with athletic shorts. With no shoes and a ‘bald’ hairstyle (it would be interesting to see this type with hair or a hat), this Meebit has shattered records and is proof that there is almost no reasoning behind its value, considering that it’s only other dissected type relative is worth 2.454 ETH.
Just in case you were wondering what Meebits are, they’re a limited set of 20,000 NFTs that creators, Larva Labs, hope to be used as avatars within “virtual worlds, games, and VR.”
When Meebits went to market, each was auctioned at an initial price of 2.5 ETH, which at the time were worth approximately $8,400; as you can see, these have now resulted in six or seven-figure sales. According to data from Dune Analytics, Larva Labs managed to rake in just under $80 million from the auction.
Going from 2D pixel avatars to 3D characters is quite a leap for NFT-maverick firm Larva Labs. Considering their meteoric rise to the forefront of NFT, the firm appears to have its eyes set on interactive worlds for their NFTs.
If you have any NFTs of your own, you may want to check out the newly released CoinBurp DeFi NFT Wallet where you can safely store and add to your collection. The full version of the app will be available for download in June time, where you will be able to buy and sell NFTs through CoinBurp’s planned OpenSea integration! (More market integrations will come, soon™️)
Cryptocurrencies are generally not regulated and investors do not have access to recourse or compensation schemes such as, for example, in the UK, the Financial Ombudsman Service or the Financial Services Compensation Scheme. Investing in cryptocurrencies can be high risk and investors should carefully evaluate their appetite for risk and their understanding of trading cryptocurrencies prior to entering into a transaction.