{"id":583621,"date":"2024-10-04T09:47:46","date_gmt":"2024-10-04T09:47:46","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=583621"},"modified":"2024-10-04T09:47:46","modified_gmt":"2024-10-04T09:47:46","slug":"breaking-daily-nft-sales-jump-440-to-72m-after-a-punk-nft-sold-for-56m","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/breaking-daily-nft-sales-jump-440-to-72m-after-a-punk-nft-sold-for-56m","title":{"rendered":"Breaking: Daily NFT Sales Jump +440% To +$72M After A Punk NFT Sold For +56M"},"content":{"rendered":"<p>The global non-fungible token market has returned to positive growth after over three months of brutal meltdown, which left trading sales volume down over 48% in September and the lowest volume since 2021. Today, the NFT market has surged over 440% to $72 million in trading&nbsp;sales volume after a rare punk sold for more than $56 million just a few hours ago.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Punk 1563 bought for 24,000 ETH ($56,292,000.00 USD) by 0x9cbb3d from 0xba1349. <a href=\"https:\/\/t.co\/FqDvGZvg05\">https:\/\/t.co\/FqDvGZvg05<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/cryptopunks?src=hash&amp;ref_src=twsrc%5Etfw\">#cryptopunks<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#ethereum<\/a> <a href=\"https:\/\/t.co\/hWimHKYb0x\">pic.twitter.com\/hWimHKYb0x<\/a><\/p>\n<p>&mdash; CryptoPunks Bot (@cryptopunksbot) <a href=\"https:\/\/twitter.com\/cryptopunksbot\/status\/1841924882868707530?ref_src=twsrc%5Etfw\">October 3, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Daily NFT Trading Sales Volume Jumps +440%<\/h2>\n<p>Data compiled by <a href=\"https:\/\/www.cryptoslam.io\/\">CryptoSlam.io<\/a>, an on-chain crypto market data aggregator and a non-fungible token explorer backed by crypto entrepreneur billionaire Mark Cuban, indicates that the non-fungible token market has skyrocketed in trading sales volume, breaking limitations that have been holding NFT sales below $15 million. Today, the NFT market has amassed a sales volume of $72 million, up 440% from the past day.<\/p>\n<p><img decoding=\"async\" class=\"alignnone  wp-image-583625\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/daily-nft-sales-300x88.png\" alt=\"daily nft sales\" width=\"842\" height=\"247\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/daily-nft-sales-300x88.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/daily-nft-sales-1024x299.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/daily-nft-sales-768x225.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/daily-nft-sales.png 1077w\" sizes=\"(max-width: 842px) 100vw, 842px\"><\/p>\n<p>During this period, non-fungible token collections hosted on Ethereum, a blockchain network renowned for powering most blue-chip non-fungible token collections, are today&rsquo;s most-selling NFT collections. In the past 24 hours, the Ethereum-based NFT collections have amassed a trading sales volume of $60 million, distantly outpacing other NFT blockchain networks such as Solana and Bitcoin.<\/p>\n<p><img decoding=\"async\" class=\"alignnone  wp-image-583627\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/ETH-Daily-NFT-sales-300x153.png\" alt=\"ETH Daily NFT sales\" width=\"839\" height=\"428\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/ETH-Daily-NFT-sales-300x153.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/ETH-Daily-NFT-sales.png 665w\" sizes=\"(max-width: 839px) 100vw, 839px\"><\/p>\n<p>Mythos Chain, a permissioned EVM chain designed to ensure secure and efficient transactions across the entire ecosystem, high scalability, low transaction fees, and seamless interoperability between games and marketplaces, is today&rsquo;s second-most traded blockchain network on the NFT market. In the past 24 hours, Mythos Chain-based NFT has recorded a trading sales volume of $3.7 million, outperforming Solana, Bitcoin, and Polygon.<\/p>\n<h2>Punks #1563 Sells For +$56 Million<\/h2>\n<p>Crypto market data confirms that Punks #1563 sold for over $56 million thirteen hours ago, showcasing that crypto investors are still willing to invest millions of dollars in this burgeoning NFT market. Punks #1563 is part of the iconic 10,000 CryptoPunks NFT collection previously created by Larva Labs but now managed by the Bored Ape NFT creator Yuga Labs.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"et\" dir=\"ltr\">OMEGA PUNK 1563 <a href=\"https:\/\/t.co\/UqOOkRqbrY\">pic.twitter.com\/UqOOkRqbrY<\/a><\/p>\n<p>&mdash; beeple (@beeple) <a href=\"https:\/\/twitter.com\/beeple\/status\/1842051574685749291?ref_src=twsrc%5Etfw\">October 4, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Over the past few months, CryptoPunks have seen increased sales volume, with some of its rare tiers trading for millions of dollars. Some of the punks that have recently sold for jay-breaking sums include Punk#6915, which sold for over $1.4 million last month before reselling for over $1.5 million hours last week, Punk #9368, which sold for $1.2 million last week, and Punk 2383, which also sold for over $1.5 million last month.<\/p>\n<h3>Related NFT News:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/lamborghini-and-animoca-brands-set-to-launch-an-nft-collection-next-month\">Lamborghini And Animoca Brands Set To Launch An NFT Collection Next Month<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/nfts-are-still-trading-low-in-this-new-month-heres-what-fueling-this-downturn\">NFTs Are Still Trading Low In This New Month &ndash; Here&rsquo;s What Fueling This Downturn<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/indonesia-unleashes-its-first-nft-stamps-are-nfts-quietly-regaining-adoption\">Indonesia Unleashes Its First NFT Stamps &ndash; Are NFTs Quietly Regaining 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Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1882,"featured_media":583624,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Breaking: Daily NFT Sales Jump +440% To +$72M After A Punk NFT Sold For +56M<\/title>\n<meta name=\"description\" content=\"Today, the NFT market has surged +440% to $72 million in sales volume after a rare punk sold for more than $56 million just a few hours ago.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/583621\" \/>\n<meta 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Find and subscribe to that on Substack.","sameAs":["https:\/\/www.linkedin.com\/in\/dominic-kimani-633ba31b2?lipi=urnlipaged_flagship3_profile_view_base_contact_detailsZjwLB50NTrGSuvuR6WrgPw","https:\/\/twitter.com\/domkim2030"],"gender":"male","knowsAbout":["Cryptocurrency","Trading","Investing"],"jobTitle":"Editor","url":"https:\/\/insidebitcoins.com\/author\/dominic"}]}},"modified_by":"Dominic Kimani","_links":{"self":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/583621"}],"collection":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/users\/1882"}],"replies":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/comments?post=583621"}],"version-history":[{"count":2,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/583621\/revisions"}],"predecessor-version":[{"id":583632,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/583621\/revisions\/583632"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media\/583624"}],"wp:attachment":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media?parent=583621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/categories?post=583621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/tags?post=583621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}