Non-Fungible Tokens (NFTs) sales have skyrocketed, in the fourth quarter of 2020 there was approximately $93 million in transactions, in the first quarter of 2021 that figure exceeded $2 billion according to a report from NonFungible.com.
CoinBurp would like to thank NonFungible.com for providing all the data below. So here are the top 5 sales from April 2021!
5) Ͼ #6704
Last Sale Price: US$783,579.00 / 380 ETH
First Sale Price: US$1,155.72 / 5 ETH
Accumulated Sales: US$800,615.27
Looking like the older brother of the next entry, this hairless punk is bearing all the hallmarks of a valuable CryptoPunk, which goes to show that being bald isn’t all that bad.
4) Ͼ #2306
Last Sale Price: US$981,339.92 / 461 ETH
First Sale Price: US$17,795.33 / 49 ETH
Accumulated Sales: US$1,235,047.50
Red Eyes, a Mowhawk, Ear Studs and Cigarette on top of the Zombie green? This is CoinBurp’s favourite entry on todays’ list, that’s a real Punk!
3) Ͼ #2484
Last Sale Price: US$1,090,132.80 / 480 ETH
First Sale Price: US$11,485.50 / 30 ETH
Accumulated Sales: US$1,434,528.91
This month has been dominated by CryptoPunks, and evidently, the Zombie combo with Messy Hair and Shades are highly coveted traits.
Last Sale Price: US$1,298,362.38 / 618 ETH
First Sale Price: US$1,298,362.38 / 618 ETH
Accumulated Sales: US$1,298,362.38
As you can see, this NFT has made a huge debut for its first sale. The NFT features a 1 hour long audiovisual experience which reportedly took 12 months to create. It’s owners also receive a hand-crafted box with a hard drive that contains the only copy of the HQ file of the film.
1) Ͼ #3011
Last Sale Price: US$1,764,108.28 / 667 ETH
First Sale Price: US$7,831.73 / 23 ETH
Accumulated Sales: US$2,509,136.09
CryptoPunks is one of the most popular NFT projects out there. There are only 10,000 available and they are computer-generated at random as 24x24 pixel portraits. Seemingly, this Punk has extremely valuable traits, Vampire Hair, Small Shades, Pipe, Earring, Normal Beard, and most importantly, Frown.
NFTs are redefining the nature of transactions, never before have we been able to create evidence of authenticity for property, and then trade it through a decentralised system.
It’s safe to assume that NFTs are going to be playing an important role in the future of cryptocurrency, though it’s hard to tell which direction the value of this market will go; the Ethereum network recently passed an important milestone on its journey to Ethereum 2.0, which has somewhat lowered the gas fees for transactions down to slightly more manageable levels. As a result, the price of ETH rose considerably, breaking through to a new all-time high of $2700 which in turn boosted the price of Ethereum-based NFTs.
Whether or not an NFT will ever exceed Beeple’s insane $69 million NFT sale through Christies is a question that we may see answered this year, especially considering that the behemoth auction house will be handling further NFT sales with Beeple and other creators.
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 the 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.