NFT CryptoPunks Kembali Jadi Nomor Satu Di Pasar Seni Digital, Lampaui BAYC

NFT Cryptopunks is again kinging the NFT market. (Photo; Doc. Bitcoin News)

JAKARTA - The market stability of cryptocurrencies, which is increasing in early 2023, has also increased interest in Ethereum-based non-fungible tokens.

Based on data from CryptoSlam, there have been 726,992 Ethereum-based NFT sales since the beginning of the year with sales volume reaching 289.47 million US dollars. This NFT sale recorded the highest record on January 6 with a value of 30.11 million US dollars in the last 17 days.

The NFT CryptoPunks project is back at the top after experiencing a decline in market share in December 2022. According to an analysis of the NFTGo tool, CryptoPunks' current market cap is estimated at $1.71 billion, an increase of 14 percent from the previous month. In addition, the number of sales of CryptoPunks NFT collections also increased 42 percent in the last 30 days, with total sales of US$21,060,000.

Data from NFT Floor Price shows that the base price of the project has increased 6 percent in the past month, with the current price of NFT's CryptoPunk at 67.47 ETH. This increase is believed to be supported by more trade occurring in the NFT collection CryptoPunks. This project continues to be one of the most popular in the world of NFT.

The NFT CryptoPunks collection is again the NFT project with the highest market valuation, after experiencing a decline in market share in December 2022. CryptoPunks' current market capitalization is estimated at $1.71 billion, accounting for 8.10 percent of the overall NFT market cap of 22.7 billion US dollars. BAYC follows in second place with a market share of 8.03 percent and a market value of 1.68 billion US dollars.

Although BAYC has more number of NFTs sold than CryptoPunks, this collection remains popular among NFT collectors and investors. The increasing NFT trade trend over the past few months is thought to be due to more interactions in various markets.

According to Dune Analytics, so far this month there have been 144,105 NFT transactions, more than the number of transactions previously estimated. OpenSea is the most widely used platform for transactions as reported by NFT News.