
A significant event in the NFT market occurred with the sale of an Alien CryptoPunk for 4,500 ETH, approximately $16,032,959.47, marking it as the second-largest on-chain sale in the collection's history. This sale has sparked discussions about a resurgence in the NFT market, with several high-value transactions following, including sales of Fidenza, Pudgy Penguins, and Node Monke NFTs. The Pudgy Penguins sale was notable with one selling for 150 ETH, about $529,000, after being bought for a significantly lower price two months prior, causing the floor price to rally back up above 15 ETH from a low of 14.3 ETH, with bids at 13.7 ETH. This flurry of high-value transactions has led to speculation about the return of the NFT bull market, with Ethereum seeing a spike in NFT transactions.









RUG RADIO ROUNDUP by web3memories The latest news for March 5th ๐ฐ ๐ Alien CryptoPunk #3100 sold for 4.5k ETH ($16M) - this marks the second largest on-chain punk sale ever. ๐ Ice Pudgy Penguin #5965 bought for $115k 22 days ago resold for $531k today. ๐ Bitcoin TVLโฆ https://t.co/3SXJDUxT6B
Punk 5071 bought for 57.38 ETH ($214,877.20 USD) by 0x5fbd5c from 0x0232d1. https://t.co/NHiGBzVIPv #cryptopunks #ethereum https://t.co/a8lJl1KHF7
This punk just sold yesterday for $16 Million. 2nd highest sale ever for @cryptopunksnfts https://t.co/naEzuIJIUl