NFT sales defy crypto market slump, with World of Woman #706 selling for a half-million
Coinhead
Coinhead
Despite crypto prices crashing, NFTs sales are holding steady, with a World of Women NFT selling for 210 Ether (US$515,000) overnight.
The seller of Woman #706 had minted it nearly six months ago for just 0.08 Ethereum (less than US$200).
The buyer was an account called os-warchest, who quickly transferred it to another account known as divinefemininity.eth, which owns a collection of 96 female avatars including 20 from the WoW collection.
$515k! The biggest NFT sale of the last 19 hours! Woman #706 was purchased by os-warchest for Ξ210.0 ($515k) $ETH #NFT #NFTs #art @worldofwomennft https://t.co/S1volK9dvG
— NFT Stats & Trends 📈 (@nft_tracker) January 23, 2022
Reese Witherspoon tweeted over the weekend that she’d bought a second avatar from the collection, to go with the one she bought in October.
GM! What should I name her? ✨@worldofwomennft pic.twitter.com/Uqdf5tYPUk
— Reese Witherspoon (@ReeseW) January 21, 2022
Paris Hilton meanwhile tweeted that she expected to be talking about NFTs on a popular US talk show again this week.
Going on @jimmyfallon @FallonTonight tomorrow night. Last time we talked NFTs.✨🧚🏻♀️ What about NFTs should I tell him about this time? ☺️
— ParisHilton.eth (@ParisHilton) January 23, 2022
Most NFT collections are priced in Ethereum, which has declined in US dollar terms by nearly 25 per cent in the past seven days. (This afternoon Ether was trading for $2,466). So in US dollar terms, many expensive NFT collections are now a bit more affordable. But not by much. For example, the floor price of the leading NFT collection, the Bored Ape Yacht Club, is now 86 Ether ($US211,000), up from 83.2 Ether (US$204,000) a week ago.
What’s interesting is how the #NFT market appears to decoupled from the rest of the market. Floor prices still going up (albeit in ETH terms) 🧐https://t.co/JrLfPdvhw0
— Coin Bureau (guy.eth) (@coinbureau) January 21, 2022
There’d been a dozen Bored Ape sales in the past 24 hours, according to Opensea, for between 84.9 and 97.5 Ethereum (US$201,000 to US$231,900).