CryptoPunks leads NFT sales with US$1.29 million

CryptoPunks make it three straight by topping CryptoSlam’s daily non-fungible token (NFT) sales chart with US$1.29 million on Wednesday.

CryptoPunk’s streak comes as community members speculate that the iconic NFTs are declining in value.

This week, investor Deepak Thapliyal announced the sale of Punk #5822, which was once valued at US$24 million.

Thapliyal unloaded the CryptoPunk for an undisclosed amount, but community members speculate that it was sold at a loss for around 5,000 Ether (US$12.8 million).

CryptoPunks witnessed a total of 15 transactions Wednesday, involving 11 unique buyers and 13 sellers, with an average sale price of US$86,582.

CryptoPunks’ performance on Wednesday pushed its all-time sales volume, elevating it to US$2.87 billion, which ranks it third in the market.

The NFT with the second-highest all-time sales also secured the day’s second spot.

Bored Ape Yacht Club recorded US$861,724.21 across 26 transactions.

In third place, Mythos Chain’s DMarket had US$738,879 in sales and a massive 25,578 transactions while Pudgy Penguins came in fourth with US$587,545 in sales.

Guild of Guardians Heroes and Mutant Ape Yacht Club followed closely, generating US$464,522 and US$433,094 in sales, respectively.

Ethereum, the blockchain hosting CryptoPunks, led all blockchains in sales with US$6.46 million.