22/03/2024 CryptoPunks leads NFT sales surge with US$17.22 mln in 24 hours

CryptoPunk #7804 has been sold for 4,850 ETH, or US$16.38 million.

The transaction, which occurred on Wednesday is now the second most expensive sale in the history of CryptoPunks, according to CryptoSlam data.

The sale of CryptoPunk #7804 surpassed the value of CryptoPunk #3100, which was previously set at 4,500 ETH earlier this month.

As a result, CryptoPunks topped the NFT collection rankings chart with US$17.2 million in sales in the 24 hours leading up to 12:30 p.m. ET on Thursday. The collection had a total of five transactions in that timeframe.

CryptoPunks is the third highest-ranked NFT collection of all time, with over US$2.78 billion in sales.

In Thursday’s rankings, Uncategorized Bitcoin NFTs came in second with almost US$4 million in sales, while Pudgy Penguins ranked third with nearly US$3 million.

Howdy Hats, a brand-new collection on Solana, quickly joined the top 10 after its debut by amassing over US$784,000 in secondary sales.

Other notable movements in the NFT market include NodeMonkes on Bitcoin, which experienced a sales decrease of 37.73% to US$1.43 million and a 41.86% drop in transactions. ImmutableX’s Gods Unchained Cards, however, saw a sales increase of 101% with a total of US$1.3 million.

The Mythos platform’s DMarket experienced a slight sales dip of 0.06% to US$898,285, with a 15.48% decrease in transactions.

Arts

https://finance.yahoo.com/news/cryptopunks-leads-nft-sales-surge-165523649.html

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Fuku-Shiva
The term “Fuku” refers to fortune or good luck. “Shiva” refers to the Hindu deity who represents strongly polar qualities, both severe and delicate. On a beach inspired by adventures on Phi Phi island in Thailand, three youths cavort. Two are representational figures and the third is psychologically rendered. A dynamic relationship ensues between the triad; a reciprocity of active and passive states. The boy on the right engages in maneuvers of evasion, defense, and is dressed in a speedo which reiterates the colors and symbolism of the caution tape on the left and upper right frame of the composition. In concurrent reaction the psychedelic figure shoots out a rocket powered paper airplane. The nude boy seated in the froth and sand approaches in passive repose, and is met with active attention but equal physical reserve by the psychedelic being. Perhaps the most naked figure is also the least representational. Looming large, dynamic, and active, it engages its companions playfully. Various symbols interject into the otherwise naturalistic scene, most notably a beach ball and two contaminated barrels nested in the sand. The upright barrel reads “FukuShima” in Kanji. The barrel laying down reads “Dharma”. To the left the scene is bounded by caution tape, reiterating the danger of the nuclear waste while also hosting alien archetypes, whose presence, as is the nature of these entities, runs up and just behind the consciousness of the psychedelic figure’s eggshell-like skull.
The New York Times x NFT
A digital original of Kevin Roose's New York Times column, "Buy This Column on the Blockchain!" Published 3/24/21.