Minted

Million

Rare

Alien

<h2 class="wp-block-heading" id="alien-cryptopunk-nft-sees-record-price-in-latest-groundbreaking-sale">Alien CryptoPunk NFT Sees Record Price In Latest Groundbreaking Sale</h2>
<p>CryptoPunks, a pioneering NFT art collection, announced a landmark <a href="https://btc-pulse.com/major-cost-reduction-ton-blockchain-slashes-fees/" rel="noopener noreferrer nofollow">transaction </a>on Thursday as Crypto-Punk 635—an ultra-rare alien-themed digital artwork—was purchased for a staggering $12.38 million in Ethereum. This sale ranks as the fourth highest in the entire collection’s history and emphasizes the rare nature of the nine alien punks within the 10,000-piece CryptoPunks universe.</p>
<p>Previously held by Larva Labs, the parent company of CryptoPunks, and sold at Christie’s Contemporary Art Evening Sale in May 2021, this piece has once again made headlines. The transaction was facilitated by high-profile NFT broker, Fountain, marking a significant moment for both the seller and the <a href="https://btc-pulse.com/price-prediction/rivian-stock-price-prediction/" rel="noopener noreferrer nofollow">anonymous </a>new owner.</p>
<h2 class="wp-block-heading" id="a-goldmine-minted-on-the-ethereum-blockchain">A Goldmine Minted On The Ethereum Blockchain</h2>
<p>Launched in 2017 by Canadian software developers Matt Hall and John Watkinson, <a href="https://twitter.com/yugalabs/status/1502420714527334406" target="_blank" rel="noopener noreferrer nofollow">Crypto-Punks </a>has not only spearheaded the NFT trend but also integrated unique and irreplaceable digital art with blockchain technology. No two punks are alike, with the majority representing humans and a rare few depicting zombies, apes, and aliens.</p>
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   <p lang="en" dir="ltr">Some big news to share today: Yuga has acquired the CryptoPunks and Meebits collections from <a href="https://twitter.com/larvalabs?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@LarvaLabs</a>, and the first thing we’re doing is giving full commercial rights to the NFT holders. Just like we did for BAYC and MAYC owners. <a href="https://t.co/lAIKKvoEDj" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/lAIKKvoEDj</a></p>— Yuga Labs (@yugalabs) <a href="https://twitter.com/yugalabs/status/1502420714527334406?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">March 11, 2022</a>
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<p>The high valuation of pieces like CryptoPunk 635—comparable to another alien punk selling last month for $16.03 million—reaffirms the elite status of these digital assets in the NFT marketplace.</p>
<h2 class="wp-block-heading" id="good-news-for-the-nft-art-world-s-staying-power">Good News For The NFT Art World’s Staying Power?</h2>
<p>March 2022 saw Yuga Labs, the parent company behind the Bored Ape Yacht Club, acquiring Crypto-Punks. This move was seen as a consolidation of top-tier NFT assets under a single corporate umbrella, <a href="https://btc-pulse.com/bny-mellon-invests-in-bitcoin-etfs-interest/" rel="noopener noreferrer nofollow">promising </a>a robust future for these digital artifacts.</p>
<p>The ongoing market presence and high-value transactions, such as the sale of CryptoPunk 635, indicate that despite fluctuating trends, the NFT art world retains substantial momentum and relevance. With CryptoPunk 5905 currently listed for $15.64 million, the fervor around these collectibles shows no signs of abating, offering hope for sustained interest and investment in NFT art.</p>

Record-Breaking $12.38 Million ETH Sale for Rare Alien CryptoPunk NFT

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