Punk NFT Sold For +$16M In 2024, Resells For Just $6M

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The global market that does not break the token continues to feel the anger of the trade wars, which the US president Donald Trump began and rewarded other regions, including the European Union and Asia. An unidentified NFT investor in the perfect covenant in the chaos created by Trump's tariff, among other factors, after selling his punk NFT for $ 6 million, which has lost the value of $ 10 million. This NFT investor bought its Cryptopunks NFT collection for $ 16 million in 2024.

1▹ Crypto markets feel heat from Trump's tariffs!

Since Trump's inauguration on January 20, crypto markets face pressure.

And $ Btc -26%
And $ Eth -54.6%
And $ Sol -61.1%
And $ Doge -62.6%

Tariffs affect all markets! pic.twitter.com/f0hbmnnmq6

– Finchain (@defi_finchain) April 7, 2025

#3100 sells $ 6 million

In a blog post on April 10, the Cryptopunks bot, an analytic X account that monitors sales and bids of cryptopunks that invisible token collections, confirmed that Cryptopunks #3100 have been successfully sold for $ 4,000 ETH or $ 6,042,922. PUNKS #3100 is part of the 10,000 pixilated NFTS previously created by digital asset firm Larva Labs but is now managed by NFT's bored Yuga Labs creator.

Punk 3100 was purchased for 4,000 ETH ($ 6,084,359.86 USD) of 0x074AD7 from 0x705876. #Cryptopunks #ethereum pic.twitter.com/2dsoqsjac0

– Cryptopunks bot (@cryptopunksbot) April 10, 2025

Cryptopunks NFT sales pushed the NFT market to positive growth. Data combined with Cryptoslam.io. In the past 24 hours, the NFT trading sales volume rose 31% from the previous day. The Punks NFT collection accumulated more than 30% of the total volume of sale.

NFT Sales today April 11

Ethereum, a blockchain network famous in the power of most blue chips that are not token collections, is the most traded blockchain network in the NFT market. In the past 24 hours, the NFT collection based in Ethereum has gathered a sales volume of trade of $ 9.6 million. During this time, the Ethereum NFT trade sales volume increased by 187% from the previous day.

NFT sales volume by chains today April 11

NFT Market Health today April 11

Polygon, an Ethereum scaling solution blockchain network, is the second most traded NFT collection in the NFT market. In the past 24 hours, the NFT collection based on the polygon raised a sales volume of trade of $ 2.7 million, up to 4.23% from the previous day. The Mythos Chain and Base are the third and fourth most traded NFT blockchain in the NFT market. During the past 24 hours, mythos and base NFTs raised a sales volume of $ 2.2 million and $ 1.6 million, respectively.