CryptoPunks Flip Bored Apes as BendDAO Auctions Ramp Up

CryptoPunks Flip Bored Apes as BendDAO Auctions Ramp Up

CryptoPunks have re-flipped Bored Ape Yacht Club as the project floors move in opposite directions in early trading today.

CryptoPunks are now at 66.75 ETH ($87,909) after 5 sales in the past hour and 22 sales in the past day. This is a 6 percent gain day-over-day.

Bored Apes are moving the opposite way, down 6 percent on the day to 61 ETH ($80,337). The situation is worse on the Blur marketplace, where BAYC is at 58.5 ETH for non-flagged Apes.

An important storyline to watch in the BAYC market is pending BendDAO auctions. There are currently 14 BAYC NFTs in auctions on BendDAO, with debt ranging from 47.4 ETH to 52.9 ETH. The top bid across these auctions right now is 55 ETH for Bored Ape #385, with other bids ranging from 47.42 to 53.18 ETH, representing the lowest entry price to BAYC assets since late 2021.

Beyond these current auctions, reportedly up to 40 more Apes may be in auction status if the floor moves lower.

More about CryptoPunks

One of the most iconic NFT collections of all-time, CryptoPunks was developed by Larva Labs and released in 2017 as a free-to-claim experiment. CryptoPunks, along with the Bored Ape Yacht Club led the NFT bull run of 2020 and helped bring digital collectibles to the mainstream through high profile auctions and celebrity onboarding. In 2022, Larva Labs sold the intellectual property of CryptoPunks to Yuga Labs, who created the Bored Ape Yacht Club.

At the time of publish, the CryptoPunks floor price sits at 63.95 ETH, and has stayed relatively flat over the past 24 hours on 63 ETH volume of transactions. Over the last 30 days, 16 sharp wallets have sold 21 NFTs and 21 sharp wallets have bought 37 NFTs in the CryptoPunks collection. Catch up on other recent CryptoPunks news here.

Recent CryptoPunks Sales

#9337sold at 12/10 4:12am for
#4322sold at 12/09 1:12am for
#1306sold at 12/08 11:12pm for
#7032sold at 12/08 1:12pm for
#7611sold at 12/08 5:12am for

Recent CryptoPunks Listings

#1482listed at 12/09 11:12pm for
#1527listed at 12/09 6:12pm for
#2215listed at 12/09 11:12am for
#7008listed at 12/09 11:12am for
#7294listed at 12/09 11:12am for
Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice.
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