Rare alien Cryptopunk sells for $16M worth of Ethereum

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A rare alien non-fungible-token (NFT) claimed the second highest selling price ever for a Cryptopunk on March 4 when it sold for 4,500 Ethereum (ETH) worth $16,032,959.47 at the time of sale. 

Aliens among us

An anonymous bidder purchased the NFT, dubbed “Cryptopunk #3100,” at some time around 6:30 AM PST. After several days of bidding the purchaser upped their previous bid of 4.25K ETH (worth $14.78M at the time) to the closing price of 4.5K ETH.

Source: @Cryptopunksbot

Cryptopunk #3100 is one of 10,000 total Cryptopunks and one of only 406 with a headband. But its current value is likely due to it being one of only 9 Alien cryptopunks.

Image source: Cryptopunks.

The highest winning bid for a Cryptopunk to date occurred on Feb. 12, 2022, when Cryptopunk #5822 (an alien wearing a bandana) sold for 8,000 ETH (worth $23.7M at the time).

Interestingly, the bandana is slightly less rare than the headband with 481 Cryptopunks wearing the former versus the aforementioned 406 with the latter attribute.

Rarity isn’t everything

Technically speaking, if we only account for the least prominent individual alien NFT attribute among all Cryptopunks, the alien wearing an earring and a cowboy hat would register as the rarest. Mathematically, however, the alien with cap forward, a pipe, and shades is the rarest by number of attributes and rarity of each attribute.

The market is ultimately dictated by sales and, for whatever reason, ‘alien with bandana’ and ‘alien with headband’ remain the cream of the crop when it comes to Cryptopunks. They’re joined in the top four by two other alien pieces. The rest of the top 10 is rounded out by Cryptopunks with the “ape” attribute.

Image source: Cryptopunks.

The most expensive NFT ever purchased at auction is Mike “Beeple” Winkelmann’s “EVERYDAYS: THE FIRST 5000 DAYS” which sold for $69,346,250 on 11 March 2020.

Related: NFT utility continues to captivate fashion and luxury brands — NFT Paris