SNEAK PEEK
- Larva Labs, CryptoPunk NFTs’ creator, is not associated with MineablePunk NFTs.
- MineablePunks is leading the NFT market at the moment.
- The collection has recently sold its top-selling NFT.
The NFT market is blooming and the upside trend is increasing despite the crypto fall that caused a drop of more than 60% for several NFTs and crypto. The recent FTX collapse resulted in the NFT market facing a loss of more than 30%. Furthermore, in the beginning of the month, the crypto exchange platform made an announcement regarding going through a liquidity crisis.
One collection that has come as a surprise is the MineablePunk NFT which has not only gone against the bear market but has also benefited to show its market worth. Prominent projects like CryptoPunks and Bored Ape Yacht Club have been overturned by the NFT collection; thus, becoming the top-selling collection.
The collection was launched in September 2021 and consists of digital artwork on Ethereum. There are 2,285 limited edition NFTs with 608 owners. The collection has made sales worth 3,269 ETH in the past 24 hours. The collection has also exceeded both Bored Ape Yacht Club and Mutant Ape Yacht Club collections which are at 1,073 ETH and 1,224 ETH, respectively.
CryptoPunks has recorded a sales volume of 212 ETH in the past 24 hours. The floor price of Mineable Punks is $76.30 while its total market capitalization is $175,105.
During the past seven days, the Mineable Punks NFT collection has sold 164 plus NFTs at an average trading volume of $15.29 million. Recently, a MineablePunk NFT has been sold at $1.1 million and is the top-selling one.
