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CryptoPunks NFTs are once again in the spotlight, as 19 new NFTs have been sold in the past 24 hours. Data available on Crypto Slam notes that the global volume of the NFT market was $16,350,510, which is up by 2.31%.
In the past 24 hours, the f(x)wstETH position (#466) became the most costly NFT sold for $728,265, followed by Paradise (#3cvhl………) for $43,138, and Bored Ape Yacht Club #5956 was traded for $31,379.
CryptoPunk is dominating the sales in the NFT market
Over the past seven days, CryptoPunk #2967 became one of the pricey NFTs sold for $843,070, followed by gUSDC Locked Deposit #337, which was traded for $163,490, Bitcoin Ordinal was traded for $82,902, and Dex Position NFT – V2 #272 traded for $49,394.
In the monthly time frame, CryptoPunk #4464 is the most pricey NFT traded for $ 2,196,233, Uncategorized Ordinal sold for $1,321,676, and XSY Deposit (#5) traded for $469,954.
CryptoPunk #2301 is one of the most pricey NFTs since its launch, sold for $234,959.20, followed by CryptoPunk #7632, traded for $133,881.55, and CryptoPunk #7163 was traded for $114,754.
In the last few days, Courtyard NFT on Polygon became the center of attraction, and the total sales volume of NFT was $15,706,155, up by 37% in the past 7 days.
Will the NFT market soon reach a new milestone?
According to several reports, the NFT market is expected to reach a new milestone in the coming years, and market capitalization is expected to reach $608.6 million by the end of 2025.
Blockchain-based NFTs have gained massive traction in the past few years, and it has also gained traction from celebrities and known influencers. A few other brands have also launched digital collectives.
According to data from CoinMarketCap, the Pudgy Penguins stand at the top with 92,520.26 ETH, followed by Azuki, SMB Gen 2, Lil Pudgys, Baby Bears, Froganas, The Meme by 65, and Captainz.
However, data on Forbes differs as it says that PMONC has the highest market capitalization of $16.37 billion, PBN has a market value of $9.10 billion, YOG1’s cap is $1.66 billion, and PUNK $868 million.
Crypto market price updates
When writing, the crypto market cap was $2.86 trillion, the market capitalization was $79.78 billion, and at the same time, the fear and greed index was at 34.
Bitcoin is currently exchanging hands at $87,442 with a growth of 5.80%, and Ethereum was at $2,071 with an addition of 9.41% at the same time; prices are below the 100 and 200 exponential moving averages.
According to data from CoinMarketCap, the intraday gainer’s list has been ruled by Cronos, Berachain, Story, Four, Worldcoin, Ethen, and Movement.
