Top 100 NFTs: Crypto Punks and BAYC head up secondary sales

By Raffaele Redi
• Updated

The Top 100 NFT all-time sales by

Dmitri Cherniak, Ringers #109                                 
Ringers #109 by Dmitri Cherniak is one of the most valuable and desired NFT - Photo: OpenSea

As most non-fungible tokens (NFTs) can be resold by their respective owners, secondary marketplaces are swarming, while Web3.0 apps try to sort copyrights, and safety issues are proliferating on the internet.

Though hosting some primary sales, during special events or NFT drops, the most popular and largest NFT platform or secondary marketplace is OpenSea, with an overall trading volume of $22.8bn and over 1.3 million NFT traders hosted since the platform went live.

LooksRare has recently climbed the second step on the podium through wash trading sales. The platform granted rewards on NFT sales, so some users started organising “fake” millionaire sales in order to get the rewards. The network recently started cracking down on this practice however, and there is no doubt that the echoes of wash trading millionaire sales helped the marketplace to become popular.

Other NFT marketplaces

Despite overall trading volumes behind the $1bn figure, other popular marketplaces are Rarible, Mintable, Nifty Gateway, Oneof, Foundation and Theta Drop. While Theta got its own blockchain, Rarible uses its own cryptocurrency, RARI, to trade NFTs.

In addition, some NFT creators such as Larva Labs – the creator of the Cryptopunks collection – and producers like Axie Infinity – the most popular game NFT producer – are hosting secondary marketplaces. Most of these limit trading practices to in-house NFTs.

The NBA TOP SHOT website allows collectors to trade its NFTs and is the fifth largest secondary marketplace with an overall trading volume of $876m.

Most of the NFT platforms are based on the Ethereum blockchain, though the use of Proof-of-Stake “side-chains” is spreading. Side-chains help platforms reduce Ether’s high gas fees while marking the distance from the high energy-consuming proof-of-work protocol on Eth. The most popular side-chain is Polygon.

The all-time top 100 NFTs

While primary sales are not tracked, several blockchain analytics networks are tracking secondary sales (resales) and marketplaces or simply existing wallets. The most popular is DappRadar, however, for the top NFTs chart, is going to refer to Crypto Slam, which tracks the first 100 most valuable sales made on the NFT market as of 2 February.

The top ten is dominated by Larva Labs’ creation, the Cryptopunks. This historic collection, a series of 10,000 NFTs with a new upcoming edition, is without any doubt the most iconic NFT collection alongside the Bored Ape Yacht Club (BAYC) NFTs by Yuga Labs.

“The Cryptopunks are one of the earliest examples of a non-fungible token on Ethereum and were an inspiration for the ERC-721 standard that powers most digital art and collectables,” according to Larva Labs.

Punks and Apes are the most popular NFT characters. As more and more celebrities jump on the NFT bandwagon, these digital art pieces are being uses as a profile picture on social networks. From Serena Williams to Snoop Dogg, stars like Paris Hilton, Gwyneth Paltrow, the Brazilian football player Neymar and the popular TV holder Jimmy Fallon use them as their profile pictures.

The first piece of artwork only made it to sixth place in the chart below. Considered to be an evergreen, classic of the NFT art world, Ringers #109 by Dmitri Cherniak is one of the most valuable and desired NFTs.

Nevertheless, as algorithms cannot tell the nature of the sales, some of the sales in the list are a result of wash trading practices. Most of these relate to Punks and Meebits, another Larva Labs creation, for the only reason that they do not require any royalty fee, so are less costly in a wash trading plan.

  1. Larva Labs, Crypto Punk #5822 – Price: $23.7m or ETH8,000
  2. Larva Labs, CryptoPunk #4156 – Price: $10.2m or ETH2,500
  3. Larva Labs, CryptoPunk #5577 – Price: $7.7m or ETH2,501
  4. Larva Labs, CryptoPunk #3100 – Price: $7.6m or ETH4,200
  5. Larva Labs, CryptoPunk #7804 – Price: $7.6m or ETH4,200
  6. Dmitri Cherniak, Ringers #109 – Price: $9m or ETH2,100
  7. Larva Labs, CryptoPunk #8857 – Price: $6.6m or ETH2,000
  8. Dmitri Cherniak Ringers #879 – Price: $5.6m or ETH1,800
  9. Yuga Labs, Mega Mutant Sereum – Price: $5.6m or ETH1,542
  10. Larva Labs, CryptoPunk #5217 – Price: $5.4m or ETH2,250
Fidenza 313 by Tyler Hobbs
Fidenza 313 by Tyler Hobbs - Photo: OpenSea

Positions 11 to 50

The following are a sampling of NFTs holding spots between 11 and 50 on the list.

19. Fidenza #313 was bought for $3.3m or ETH1,000 six months ago.

It should deserve a better position. By the digital artist Tyler Hobbs, Fidenza #313 is positioned at 19th on the list, following another series of Punks. The NFT originated from an algorithm.

“Fidenza is by far my most versatile algorithm to date. Although the programme stays focussed on structured curves and blocks, the varieties of scale, organisation, texture, and colour use it can employ create a wide array of generative possibilities,” its creator describes the NFT on the OpenSea market.

23. Bored Ape #3749 – Price: $2.9m.

The first Bored Ape to resell was not long in coming – it is Ape #3749. Anyone can recognise it, because of its small grin, laser eyes, black T-shirt, solid gold, yellow and sea captain’s hat. The last price paid for the NFT was $2.9m or ETH740.

25. Fidenza #77 – Price: $2.8m or ETH850.

Another masterpiece by the digital artist Tyler Hobbs.

26. Chromie Squiggle #4697 – Price: $2.8 or ETH945.

The NFT, which features unique, randomly generated squiggles of colour, is part of the Art Blocks Curated collection from Art Blocks founder Snowfro.

50. Again, Fidenza #6 – Price: $1.75m or ETH458.

Among the Punks and Apes which occupy almost all the positions from 27 to 49, some pieces are from the renowned Fidenza collection. A trendy collection six months ago.

Positions 51 to 100

52. Larva Labs, Autoglyph #486 – Price: $1.7m or ETH444.

As Larva Labs explains: “Autoglyphs are an experiment in generative art, each one unique and created by code running on the Ethereum blockchain. The glyphs were created in 2019 by anyone willing to donate the creation fee of ETH0.2 (around $35 at the time) to our chosen charity,”

“The creator of each glyph became the first owner of that glyph. After 512 glyphs were created, the generator shut itself off forever and the glyphs are only available on the secondary market.”

65. David Farah NFT Card – Price: $1.5m or ETH495.

Surprisingly this NFT comes from the world of Poker: a David Farah card. The poker player is known for having won over $800,000 playing poker.

71. SMB #1211- Price: $1.4m or SOL6,000.

Solana Monkey Business N.1211 is the first NFT from a Solana project in the chart. This tells us a lot about Ethereum dominance in the NFT environment.

76. Larva Labs, Meebit #8589 – Price: $1.3m or ETH420.

It is not the first Meebit in the chart however recently the NFT project have been exploited by wash trading users, which inflated the prices of the NFTs by Larva Labs.

88. Takashi Murakami, CloneX #4594 – Price: $1.25m or ETH450.

The Asian project received the attention of crypto enthusiasts recently as the avatar’s creator Murakami partnered with sports brand Nike for the creation of NFTs.

89. Pudgy Penguin #6276 – Price: $1.2m or ETH376.

The funny characters recently came to the attention of the collectors, with the network ready to launch more funny characters.

100. Yuga Labs, Mutant Ape #4849 – Price: $1.1m or ETH350.

This is still one of the most valuable NFT collections. The Mutant Apes followed the Bored Ape project but received less success.

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