Top 10 Most Expensive Cryptopunk With Unique And Rarest Traits
Have you wondered which is the most expensive cryptopunk? If you don’t, then this guide on the top 10 most expensive cryptopunk will make your spine tingle.
NFTs are now represented globally by CryptoPunks. The most popular punk release to date has just been a CryptoPunk NFT. The collection, which is more than three years old, had previously been largely unknown, but with the growth of NFT popularity, it has now emerged as one of the most valuable in the NFT market.
CryptoPunks is one of the NFT initiatives that doesn’t fall behind on the conditions of money. There really are NFTs that were sold or bought for millions.
The appeal of the pixelated figures with distinctive personalities and accouterments like pipes or cigarettes merely goes to prove how powerful an NFT is on its own.
Larva Labs, a two-person development firm that works on a wide range of projects from smartphone games and applications to web infrastructures to digital design and art, created CryptoPunks. With references to the London punk scene, cyberpunk literature, and movies, the team created a pixelated character generator.
In 2017, they produced 10,000 distinctive characters and stored them on the Ethereum blockchain. A CryptoPunk was available for the free claim to anyone interested.
Before NFTs and DeFi took off, the cost of computing energy was much lower, thus they would simply need to pay the gas fee to cover it.
1,000 portraits were preserved by Larva Labs for personal use, but the others were immediately taken. Today, buying a CryptoPunk straight from its owner is the only way to get one.
Top 10 Most Expensive Cryptopunk
Here is the list of the top 10 Most Ex[pensive Cryptopunks, Check it out.
10. CryptoPunk 3831 — $2.05 Million
On July 30, 2021, 3831, a Zombie punk, was sold for 850 Ethereum, or $2.08 million. Vampire Big Shades, Hair and Medical Mask are the three characteristics of punk.
Vampire Hair is a feature on 147 punks, Big Sunglasses are on 535 punks, and Medical Mask is worn by more than 175 punks. The owner of CryptoPunk 3831, ce90a7 or Cozomo de’ Medici, has no plans to sell the NFT at this time, and there are also no offers being made on this punk. Medici is a fan of NFT and still uses the CryptoPunk pfp on Twitter.
9. CryptoPunk 561 -$2.38 million
CryptoPunk 561 is the coolest among the most expensive cryptopunk, On November 8, 2021, CryptoPunk #561, the most recent entry to this list, sold for an astounding $2.38 million.
Only 115 punks wear top hats, and only 286 people wear 3D glasses, including the one wearing 3D glasses.
Prior sales of the punk included one for $1.04 million in August 2021 and another for $8,176 in September 2020. This NFT’s value has increased by 29,009 percent in a little more than a year.
8. CryptoPunk 8888 — $2.87 Million
The following punk is CryptoPunk 8888, one of several 3840 female punks included in the 10,000-strong collection. With only two characteristics to its name, this punk sports a red mohawk on her head and wears an eye mask (a property shared with 293 other punks in the group), giving her a cyberpunk NFT appearance.
The following punk is CryptoPunk 8888, one of the 3840 female punks included in the 10,000-strong collection.
With only two characteristics to its name, this punk sports a red mohawk on her head and wears an eye mask (a property shared with 293 other punks in the collection), giving her a cyberpunk NFT appearance.
In late August 2021, CryptoPunk 8888 made only its second sale for an amazing $2.87 million.
The most recent sale reflects a huge increase in value for this non-fungible token, which was first sold for $48,356 on February 27th, 2021.
Only three punks, including 8888, are in the possession of the current anonymous owner of CryptoPunk, and there is no indication that they are looking to add to their collection.
The worth of CryptoPunk 8888, according to NFT Valuations, is only 124.04 ETH, or $518,548, a small portion of its most recent sale price which makes this on the list of most expensive cryptopunk.
7. CryptoPunk 2140–3.76 million
CryptoPunk #2140, which belonged to none other than Gary Vee, was sold in July 2021 for $3.7 million.
One of the 24 “Ape Punks” among the 10,000 coins in circulation, #2140 also has miniature sunglasses and a knitted cap, which add to its worth.
Being owned by businessman and NFT enthusiast Gary Vee is a provenance that will only increase the value of the item, with the blockchain able to authenticate and establish ownership.
Vee’s acquisition, which was the fourth-highest at the time, and the investor’s explanation that he had “great confidence in this asset,” is evidence of his optimism about the future of NFTs.
Relatable : If you are interested in checking Top 10 Most Expensive Bored Ape NFTs Sold Ever | No. 6th is Coolest Ape Click on the link
6. CryptoPunk 2338 — $4.37 Million
Another of the 88 zombie characters included in this collection of NFTs, CryptoPunk 2238, is back in the zombie punk genre.
CryptoPunk 2388 is among the most expensive cryptopunk and has a small Mohawk on its head as its lone attribute, which is shared by 441 other punks in the collection.
On August 6th, 2021, CryptoPunk 2388 sold for $4.37 million, up from its previous sale price of $458 in November 2017.
These NFT punks have been purchased for a total of $6.24 million (or 1.5K ETH) by the current owner, who does not have an ENS name displayed in their account details.
The previous owner, who is also unknown, has four punks at the moment and is asking 890 Ethereum, or $3.7 million, for CryptoPunk 4612.
5. CryptoPunk 7252 — $5.33 Million
Another one of the 88 zombie punks is this CryptoPunk. For 1.6K Ethereum, or $5.33 million, it was sold. There are three distinct qualities of this punk.
It has a chain strap, which more than 282 punks own, earrings, which more than 2459 punks own, and crazy hair, which 414 punks own. This NFT’s owner is 0x0a8f40, a collector who also has 77 other NFTs, including those of Bruce Willis, Britney Spears, and Michael Jackson.
The realm of the zombie punk is not up for bid and is not for sale.
4. CryptoPunk 5217 — $5.59 Million
CryptoPunk 5217 is the second member and one of the most expensive cryptopunk of the group to surpass the $5 million mark.
Another one of only 24 ape punks to garner a staggering price at auction, CryptoPunk 5217, selling for $5.59 million, likewise only had two qualities. Only 419 other punks share this punk’s knit cap, and only 169 other CryptoPunks are seen wearing gold chains.
On July 30, 2021, CryptoPunk 5217 was bought and promptly transferred to a different anonymous account.
CryptoPunk 5217 has a rarity score of 929.26 overall, placing it at position #34 in this group of NFTs according to Rarity Tools.
An offer has been made for CryptoPunk 5217 by a Larva Labs user with the username manhoos.eth, however, it’s unlikely the existing owner will accept.
Only 0.10 Ethereum, or about $410 in fiat cash, is being offered.
3. CryptoPunk 7804 — $7.56 Million
When CryptoPunk 7804 was sold in March 2021, it broke the previous record for the sector with a $7.56 million price tag, outpacing the highest prices ever achieved by other NFTs. With some critics referring to CryptoPunk 7804 as the “digital Mona Lisa,” the sale signaled a greater merging of blockchain technology and digital art collections.
There are 9 alien CryptoPunks in the collection, and this extremely rare NFT has three traits that make it unique. Another 254 CryptoPunks wear its forward-facing headgear, and 378 of them have little shades as well.
Finally, another 378 punks share a pipe that protrudes from CryptoPunk 7804’s mouth, giving this NFT a stylish appearance.
The top spot on the NFT sales statistics for CryptoPunk 7804 didn’t last long, as Beeple’s digital art collage Everyday quickly sold for an unbelievable $69.3 million.
The decision to buy CryptoPunk 7804 was taken by Dylan Field, CEO of Figma, and it was Field who first compared the NFT to the Mona Lisa this makes its position in the top 3 most expensive cryptopunk.
In a conversation with Protocol about the transaction, Field stated,
CryptoPunk is the first creation, and I honestly believed that it was a digital replica of the Mona Lisa. This is undoubtedly the best CryptoPunk, in my opinion, out of all of them. And when people want CryptoPunks, everyone will want it.
Although CryptoPunk 7804 isn’t currently for sale, the $87.64 million bid that was submitted and withdrawn on October 29, 2021, leaves up the question of how much this NFT will be worth in the future.
2. CryptoPunk 3100 — $7.67 Million
This list of the priciest NFTs from Larva Labs to date includes CryptoPunk 3100, which is the most understated punk and also 2nd among the most expensive cryptopunk.
It is one of only nine alien punks, has a blue and white headband, and has just one characteristic (a fact shared by 333 of the 10,000 punks in total). After being sold for just $2,127 in July 2017, CryptoPunk 3100 was eventually purchased for $7.67 million in March 2021.
The sale occurred at a time when non-fungible tokens continued to gain popularity but traditional crypto assets saw a falling market sentiment as uncertainty increased.
The owner of CryptoPunk 3100 has great expectations for his investment and announced their aim to sell the asset for $91 million in late November 2021. (or 35,000 ETH).
Around the time of the sale, the second lot of nine extremely rare CryptoPunks went for $16.9 million at Christie’s, and over the course of seven days, NFT sales totaled $115 million.
Although a buyer has not yet agreed to purchase CryptoPunk 3100 at the high asking price of the present owner, such a deal would put this NFT far ahead of the most costly token currently offered by Larva Labs.
1. CryptoPunk 7523 — $11.75 Million
At the top of the list of most expensive cryptopunk is 7523, which was sold for $11.75 million at Sotheby’s, was the most expensive CryptoPunk NFT ever sold. Interestingly, this CryptoPunk is a different extremely uncommon group of extraterrestrial punks with three characteristics (a trait shared by 4501 punks).
CryptoPunk 7523 is sporting a knitted cap together with 419 fellow punks, and 175 other punks are sporting medical masks.
The main quality that makes CryptoPunk 7523 so valuable is that he is the only alien punk wearing a face mask.
The gold earring, the final characteristic of CryptoPunk 7523, is carried by 2459 similar punks in the gallery.
An anonymous bid of 20.4K Ethereum, or $87.64 million, was placed on October 29th, 2021, and was later withdrawn, providing a theoretical CryptoPunk value the rarest CryptoPunks might reach.
In a CNN report, the participation of Sotheby’s auction house was referred to as “another digital trailblazing move for the broker, with the sale confirming NFTs’ acceptability as a viable medium.
Bonus — Recently, The Most Expensive CryptoPunk Sold for $23.7M.
The most expensive CryptoPunk yet was a unique one that sold for 8,000 ETH ($23.7 million USD) on February 12.
CryptoPunk #5822 was the punk that was purchased. Not only is it one of the 10,000 NFTs’ collection’s nine aliens, but it’s also one of just 333 that do so.
This CryptoPunk is currently owned by Deepal Thapliyal, CEO of the blockchain technology business Chain. He also amasses additional non-fungible tokens (NFTs), and in January of the current year, he spent $5.8 million on a rare Mutant Ape Yacht Club serum.
According to an earlier story from The Block, another Alien Punk sold for $11.8 million at the Sotheby’s auction house in June 2021 and was purchased using USD rather than ETH.
However, according to the developers of CryptoPunks, #4156, which sold for 2,500 ETH ($10.2 million USD) in December 2021, was the second-highest selling CryptoPunk by USD.
Its unsurprising that this CryptoPunk sale went for this much. There have been some CryptoPunks that have sold for hefty sums of money, sometimes reaching the tens of millions. Since its first release, the CryptoPunk collection has witnessed a cumulative trade volume of almost $9.3 billion.
When Thapliyal bought CryptoPunk #5822, he claimed to have used his Compound Finance account as leverage. It’s vital to remember that the CEO had bought one of the more uncommon CryptoPunks.
There are just nine items in the collection that are classified as “aliens,” including this one. This explains why it, along with its eight other alternatives, costs so much.
It is not the most costly NFT sold to date, despite its high price. That honor comes to Beeple’s Everydays NFT sale, which completely dominated the market. The artwork set a record that has yet to be broken when it sold for a staggering $69 million.
Relatable : If you are interested in checking Top 10 Most Expensive NFTs Sold Till Now | No. 2nd is Rarest and Unique Click on the link
Why Cryptopunks Are So Expensive?
The fact that Cryptopunks is the first NFT collection ever to be produced on the ETH blockchain makes them important overall. The photos themselves might not be the most gorgeous, but there are only 10,000 Cryptopunks available, meaning that very few people can buy one.
A Cryptopunk is in high demand, yet there aren’t many on the market, which is a classic example of supply and demand. Even if there are 10,000 Cryptopunks around the globe, not all of them are now for sale.
As a result, there are now even fewer Cryptopunks available, which raises the price even more. As the same number of hands are chasing fewer goods, a lower supply raises the price.
It is now obvious that Cryptopunks appear to be here to stay when major corporations like Visa purchase one. The number of Cryptopunks available for purchase is dwindling.
Nobody is currently offering his Cryptopunk for sale on Opensea as of the time this article was written. Owners of Cryptopunks have given their Punk a great deal of sentimental significance and don’t want to sell them.
Cryptopunks are valued to rise rapidly, according to several cryptocurrency aficionados including the YouTuber The Moon. Carl at The Moon compares a Cryptopunk to a Picasso since there are so few of them available for purchase and because they stand for much more than just a plain pixelated image.
Closing Thoughts
The present most expensive cryptopunk NFT may be dwarfed in future sales given that the total value of CryptoPunk NFT prices exceeds hundreds of millions.
Online sources claimed that Punk #9998 was sold for 124,457.07 Ether, or a staggering $532,414 million, in October 2021. Although this sale proved to be a false alarm, it shows that the value of these non-fungible tokens may be about to soar in the future.
The priciest crypto punk NFTs ever sold seem destined to remain sought-after items in the just-emerging metaverse as their desirability — and rarity — attracts more high-profile investors.
Celebrities Are Entering the NFT World
Celebrities have been purchasing NFTs over the past few months, particularly from the CryptoPunks and Bored Ape Yacht Club collections.
CryptoPunk NFTs are owned by well-known public figures like Jason Derulo and Jay-Z. Their Twitter profile pictures are both images from their CryptoPunk NFT. Neymar Jr., though, has now joined the likes of DJ Khaled, Eminem, and other well-known figures in the Bored Ape Yacht Club NFT collection.
By introducing their own NFT line, other celebs like Lindsay Lohan and Gal Yosef are breaking into the market.
The NFT industry has drawn millions of people. Many newcomers will feel more at ease entering the space as more superstars enter the NFT sphere.
Addition NFT Resources
Interested in Learning More? If you’ve enjoyed reading this article, you may also like these:
