In a transaction that has sent shockwaves through the NFT community, CryptoPunk 1563 was reportedly sold for an astonishing 24,000 ETH, equivalent to $56.3 million, on Thursday.
Read MoreIn a transaction that has sent shockwaves through the NFT community, CryptoPunk 1563 was reportedly sold for an astonishing 24,000 ETH, equivalent to $56.3 million, on Thursday.
Read MoreThe NFT market has experienced a notable downturn in recent months, with sales figures falling dramatically from their peak earlier in the year.
Read MoreThe once booming market for non-fungible tokens (NFTs) has hit a rough patch, with sales volume plummeting 45% in the second quarter of 2024. This follows a strong first quarter that saw continued momentum from late 2023. Data from CryptoSlam reveals a drop from $4.1 billion in sales in Q1 to just $2.24 billion in Q2.
Read More