A CryptoPunk non-fungible token has been sold for a cool $12 million (4,761 ETH) at a Sotheby's auction.
The pandemic-style 24x24 pixelated avatar is the only "alien punk" that has donned a mask, which makes it "extremely rare."
Advertisement
Founded by Larva Labs back in 2017, CryptoPunks was one of the pioneering projects in the NFT space.
Thu, 06/10/2021 - 13:41
FTX Seeks to Establish Substantial Presence in U.S. with Miami Office
A collection of CryptoPunks fetched $16.9 million at Christie's last May, but the masked alien (CryptoPunk #7523) is the most expensive one to date.
Crypto Market Prediction: Shiba Inu (SHIB) 50% Downtrend Should End, Ethereum (ETH) Mini-Death Cross Is Nothing, Bitcoin $80,000 Drop: Flip or Flop?
Not-So-Merry Christmas: Bitcoin to Score Second-Worst Q4 Ever
Shiba Inu (SHIB) Price Flashes Bullish Signal, XRP Sees 34% Jump in Weekly Inflows, Cardano Midnight (NIGHT) up 20% — Crypto News Digest
XRP Sees Sudden $0 During a $2,279 Million Liquidation Tsunami
While being around for quite a long time, NFTs reached the peak of their mainstream coverage back in March with Beeple's record-shattering $69.3 million sale.
Advertisement
The most recent auction proves that the demand is still there despite growing skepticism.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team