CryptoPunk # 7523 has just made a record sale of $ 12 million, and shows that the NFT hype is alive and well
A CryptoPunk non-fungal token has been sold for a whopping $ 12 million (4,761 ETH) at a Sotheby’s auction.
The 24 x 24 pixel pandemic avatar is the only “alien punk” wearing a mask, making it “extremely rare.”
CryptoPunks was founded by Larva Labs in 201
CryptoPunks is among the most popular NFTs, giving its issuers more than $ 100 million in sales.
A collection of CryptoPunks raised $ 16.9 million at Christies in May last year, but the masked alien (CryptoPunk # 7523) is the most expensive to date.
While they were quite long, NFTs reached the peak of its regular coverage back in March with Beeple’s record-breaking sales of $ 69.3 million.
The latest auction shows that demand is still there despite growing skepticism.