Tag: artmarket

Decoding NFT Value Beyond the Hype

Decoding NFT Value Beyond the Hype

Non-fungible tokens (NFTs) have taken the world by storm, with news cycles focused on six- and seven- figure sales and willing celebrity participants. The real promise of NFTs is not in speculative price tags and fanfare. NFTs are changing how we show proof of ownership for unique digital assets. They...

CryptoPunk #3100 Resells for $6M, Reflecting NFT Market Shift

CryptoPunk #3100 Resells for $6M, Reflecting NFT Market Shift

And a rare CryptoPunk #3100 just sold for 4,000 ETH, over $7 million. This famous NFT from the CryptoPunk collection is currently valued at about $6.08 million at today’s market prices. This figure is among the largest seen in the NFT space. While still a notable amount, it represents a...

CryptoPunk Alien Sells at a Loss Despite Collection's Strong Performance

CryptoPunk Alien Sells at a Loss Despite Collection's Strong Performance

As much as one year after he purchased CryptoPunks #3100 for 4,500 ETH – the equivalent of about $16 million at the time – Non-Fungible Token (NFT) whale sold it recently for 4,000 ETH. That’s the same as $6.04 million. This transaction ended up being a huge loser—it cost the...