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NFT News

Snoop Dogg’s CryptoPunk NFT is on sale for 7000 ETH

Iconic rapper of the hip-hop world, Snoop Dogg shocked everyone again by offering his NFT-CryptoPunk 3831 for sale at 7000 ETH.

Written By Rajpalsinh
Published 2021-10-28·Updated 1 year ago
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Snoop Dogg’s CryptoPunk NFT is on sale for 7000 ETH

In Brief:

  • Snoop Dogg offered to sell CryptoPunk  NFT 3831 for a whopping 7000 ETH.
  • It will become the most expensive NFT sale from the CryptoPunk  NFT collection if it sells for this amount.
  • The first sale of this NFT was just for 1 ETH in 2017, after getting it for free.
  • Punk 3831 is one of the rarest Punk, holding 61st rarity rank.

After revealing himself as a serious buyer of NFTs under the pseudonym Cozomo De’ Medici, Snoop Dogg continues to expand his reach into the crypto world. Snoop Dogg has offered one of his collected NFT, CryptoPunk  3831 for 7000 ETH.

We found about this sale directly on the Larvalabs. The offer is in place from September 20. At the current market price it is around $29 millions.

The NFT is one of the 88 Zombie punks of the whole collection, which contains some rare accessories such as Vampire Hair, Big Shades, and Medical Mask. The punk 3831 has rank 61 and rarity score of 380.72 on rarity.tools.

The CryptoPunk  NFT 3831 came on a long journey, as its first sale was just for 1 ETH (which was around $269) in 2017. After that sale, famous NFT collector Pranksy had acquired this NFT for 180 ETH ($516,685) in May 2021. Later various collectors traded it for different values, sometimes even for less than what they bought it for. In August he collected this NFT for 1500 ETH.

Snoop had first made an offer for 6000 ETH, which was later changed by him and increased to 7000 ETH. If this CryptoPunk  NFT will sell for this amount, then it will become the most expensive CryptoPunk  NFT in history.

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Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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