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CryptoPunks, Bored Ape, and Meebit NFT’s to Be Auctioned at Christie’s Next Month

CryptoPunks, Bored Ape, and Meebit NFT’s to Be Auctioned at Christie’s Next Month

Trading & Investing

CryptoPunks, Bored Ape, and Meebit NFT’s to Be Auctioned at Christie’s Next Month

Auction house Christie’s is planning to auction three of the most famous NFT collections; CryptoPunks, Meebit, and Bored Apes.

The online auction will be held between 17 September at 02:00 PM HKT and 28 September at 02:00 PM HKT, according to the official site.

Non-fungible tokens (NFTs) have been all the rage this year, recording about $2.5 billion in transaction volume in the first half of the year, as per Dapp Radar. They started to gain traction yet again in the past couple of months while the broad crypto market declined sharply from their all-time high in April and May.

Amidst the renewed growing interest in NFTs, Christie, which sold its first NFT last year, is now back to auction some more blockchain-based collectibles.

The sale will include a group of “exceptionally rare” CryptoPunks by Larva Labs along with Yuga Labs’ Bored Ape Yacht Club (BAYC) and Larva Labs’ latest creation Meebit.

It would be the first time that BAYC and Meebit will be offered outside of any NFT-trading platform.

“This sale is poised to set another milestone in the history of Crypto Art,” said Christie’s.

As we reported, the floor price of these NFT collections has been skyrocketing lately. First minted in 2017 on Ethereum, CryptoPunks floor price has surged to sig figures which means the cheapest CryptoPunk on secondary markets now costs more than $100k worth of ETH and about 39 ETH.

CryptoPunks have been so popular that in July, eight out of the 10 most expensive NFT’s sold were CryptoPunks, with the highest selling for $5.47 million.

Published at Fri, 06 Aug 2021 15:49:00 +0000