In April 2022, CryptoPunks all-time sales volume surpassed the $2 billion mark. Thus, the most recent milestone placed CryptoPunks above some of the most successful NFT projects, just below Axie Infinity.
Increase in CryptoPunks all-time sales volume
Since January 2022, CryptoPunks has grown significantly in terms of total number of transactions, eventually leading to $2 billion in sales volume. In addition, it saw an increase in monthly unique users, reaching 501 transactions in January.
Meanwhile, the total number of transactions in March rose 187% to around 1,400. It also left CryptoPunks with $98.5 million in sales volume compared to $6.1 million in January.
In addition, the project reached a new milestone of $679 million in August 2021 with over 2,500 transactions. Other promising months from CryptoPunks in 2021 are September ($217 million), October ($158 million) and December ($172 million).
Recently, BAYC creators Yuga Labs acquired the CryptoPunks project, which increased the value of the collection. CryptoPunks all-time revenue volume could well exceed $2 billion with upcoming integrations with other projects.
CryptoPunks has a minimum price of 61 ETH (around $175,000) at the time of writing. Also VeeFriends founder and NFT influencer Gary Vaynerchuk revealed ownership of 62 CryptoPunks in a podcast with Logan Paul. Thus, his CryptoPunks collection alone is valued at $10 million.
“Probably there is no investment I have more confidence in than CryptoPunks,” said Gary. “VeeFriends [his NFT] must run perfectly for 15 years to even be in contact with CryptoPunks. [They] sitting in a collectible art frame, which is the thing that started it all.”