Daily sales of CryptoPunk NFTs are hitting record levels, with one rare zombie token selling for $5.3 million

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Daily sales of CryptoPunk NFTs are hitting record levels, with one rare zombie token selling for $5.3 million
CryptoPunk digital art NFT displayed on a digital billboard in Times Square. Alexi Rosenfeld/Getty Images

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  • Daily sales volume for CryptoPunks NFTs hit a record high on Monday, according to CoinDesk.
  • In the last 30 days, sales volume for the digital art collection has grown 881% to top $461 million.
  • Meanwhile, a Zombie CryptoPunk sold for $5.3 million on Tuesday to become the fourth-most valuable CryptoPunk in the collection of 10,000.

Look no further than the numbers behind the CryptoPunks NFT collection to see just how much the market for non-fungible tokens is booming.

On Monday, daily sales volume of CryptoPunks hit a record $86 million, according to CoinDesk, which cited industry tracking website CryptoSlam.

In the last 30 days, sales volume for CryptoPunks has grown 881% to top $461 million, per CryptoSlam.

Meanwhile, a single Zombie CryptoPunk sold for 1,600 ether, or $5.3 million on Tuesday. CryptoPunk #7252 is the fourth most valuable CryptoPunk and the highest in the rare green-faced zombie category. The seller originally paid $2.5 million for the NFT, more than doubling their investment through the transaction.

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Most of the 10,000 CryptoPunks don't sell in the seven figures, but the art collection's NFTs still sell for higher than the average project. Visa, for example, paid $150,000 to buy CryptoPunk #7610 on Monday.

The banking giant's purchase is a sign of mainstream interest in the non-fungible token space.

Visa's head of crypto said NFTs have the potential to become a "powerful accelerator for the creator economy and lower the barrier to entry for individual creatives to earn a living through digital commerce."

Read more: Top 16 meme stocks this week on Reddit: Alibaba comes back from the dead, and Nvidia catches fire, while AMC and GameStop stick around

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