4,500 ETH Sold, CryptoPunk Sets Record High Sale Price, Bored Ape Yacht Club Drops Nearly 20%

The iconic blue-chip NFT project CryptoPunk sold a rare edition for 4,500 ETH, meanwhile, the Bored Ape Yacht Club (BAYC) has dropped nearly 20% in the past seven days.

CryptoPunk #3100 Sold at Record Price

Data from the CryptoPunk platform shows that #3100, which is one of only nine with alien features, was sold for 4,500 ETH, valued at over $16.65 million.

This sets the second-highest sale price in CryptoPunk history, only behind the $23.7 million sale in February 2022, surpassing the 4,250 ETH offer made by the seller on March 4.

Bored Ape Yacht Club Floor Price Drops Nearly 20%

While CryptoPunks set records, NFTGo data shows that the floor price of Bored Ape Yacht Club, BAYC, has dropped by -18.37% in the past seven days.

The decline seems to have occurred after BAYC announced it would stop supporting the royalty-free market.

Magic Eden collaborated with Yuga Labs on the 28th to launch an Ethereum market where all projects under Yuga Labs will enforce royalty features.

Magic Eden and Yuga Labs will launch an Ethereum NFT trading market tomorrow, enforcing royalty collection