The Most Expensive NFTs of 2023: Trends and the State of the Market

The past 12 months have not been kind to the non-fungible tokens industry. Floor prices for leading collections — Bored Ape Yacht Club (BAYC) and CryptoPunk — fell by 57.6% and 13.8% respectively over the year.

Nevertheless, NFTs from these sets accounted for the bulk of major sales in 2023. The Block published a list of the top 10 most expensive NFT sales of 2023:

11. BAYC #5116 — 440 ETH

On March 7, the token from Yuga Labs was sold on the X2Y2 platform for 440 ETH (~$690,000 at the time). BAYC attributes include the “acid fur,” which appears in only 0.77% of the collection’s NFTs, and the “royal crown” with similar rarity.

10. Mutant Ape Yacht Club #30002 — 500 ETH

The non-fungible token became the sole member of the collection with the trait “mega-zombie”. On September 1, it was sold on Blur for $822 500 in ETH.

9. CryptoPunk #3307 — 500 ETH

NFT was sold on August 4 on the Larva Labs marketplace for approximately $917 000. Its uniqueness lies in the absence of any attributes — there are only eight such units.

8. BAYC #4980 — 530 ETH

One of 46 tokens with gold fur and other rare features. On May 15, it was sold for 530 ETH (~$954 000 at the time of the deal).

7. CryptoPunk #8531 — 550 ETH

One of 88 “zombie-punks” sold on July 15 on the CryptoPunks marketplace for 550 ETH worth about $1.06 million.

6. Fidenza #545 — 625 ETH

The piece from Tyler Hobbs’s generative Art Blocks collection was bought on OpenSea for 625 ETH (~$1.12 million).

5. CryptoPunk #7458 — 600 ETH

On November 6, the “punk in a hat” token was sold for $1.16 million on the CryptoPunks trading floor.

4. BAYC #1734 — 600 ETH

The token was sold on July 13 on X2Y2 for $1.2 million. The character features rare attributes such as gold fur, a distinctive hairstyle and a cigarette.

3. BAYC #7090 — 800 ETH

A rare instance of a token with gold fur and rainbow teeth sold on February 7 for $1.3 million on the X2Y2 platform.

2. CryptoPunks #5066 — 857 ETH

This NFT was bought on February 6 for nearly $1.4 million. It is a rare “zombie-punk” with an earring and a hat.

1. CryptoPunk #2924 — 3300 ETH

It became the most expensive NFT of 2023. It was acquired for more than $4.4 million on September 29.

According to DappRadar, the floor price of top NFT collections over the past month has shown positive momentum.

Объем торгов также вырос практически у всех популярных представителей направления, кроме BAYC (снижение на 24%).

Самой популярной торговой площадкой остается Blur с месячным объемом торгов $592 млн. Следом идут NFT-маркетплейсы OKX ($552 млн) и Magic Eden ($155 млн).

Ранее аукционный дом Sotheby’s назвал 2023 год одним из самых захватывающих для цифрового искусства. Продажи организации в данном сегменте достигли $35 млн за прошедшие 12 месяцев.

In early December, Blur’s share rose to 80%, while OpenSea’s share declined to 17%.