CryptoPunks NFT Sells for 8,000 ETH ($23 Million)

Tsing

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Image: Larva Labs



Calling NFTs “lucrative” is becoming more and more of an understatement by the day.



As revealed by the virtual collection’s official Twitter bot, a CryptoPunks NFT sold for 8,000 ETH yesterday, an amount that equates to around $23 million based on the coin’s price at the time of this posting ($2,864). The previous auction record was set by a CryptoPunk NFT called “Covid Alien” that sold to a billionaire buyer for $11.8 million.



CryptoPunks is a hugely popular NFT collection on the Ethereum blockchain that was launched by Larva Labs in June 2017. Some of the celebrities that reportedly hold CrytoPunks include Jay Z, Snoop Dogg, and Jordan Belfort.



Punk 5822 bought for 8,000 ETH ($23,702,160.16 USD) by 0x69c488 from 0x7eb28b. https://t.co/n9OIDRY3WB...

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Yeah but you pay for the fake money with real money, so eventually the loses will be real, tulip- style.
No worries, depending on what and who you are , the fed will bail you out with that sweet, sweet free fed money. Its the finance and nothing else economy way.
 
I hope whomever sold that immediately cashed out and walked away.
 
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