XCOPY's "All Time High in the City" breaks the 6 million dollar mark

XCOPY's "All Time High in the City" breaks the 6 million dollar mark

While the Bored Apes are enjoying the limelight, it's still the old guard who rules the NFT space. Recently, an early 2018 XCOPY artwork was sold for a whopping 1,630 ETH. That's more than $ 6 million at current prices.

The article in question is "All Time High in the City" by XCOPY. A gloomy and ominous description of death, of the ferryman transporting a besieged merchant to Hell, where he clearly belongs. Meanwhile, the image flickers ominously through dark red and black tones.

"All Time High in the City" hit the blockchain on November 16, 2018. A year later it changed hands for the first time for 10 ETH, 1,436 dollars as of December 2019. It stayed there until September. when it was acquired for 1,000 ETH, $ 3 million. And now, at the start of the year, that figure has skyrocketed to $ 6 million. All for a single work of art that doesn't introduce anyone in the community or the benefits promised by its PFP counterparts. Simply for the value of the work of art itself. Incredible.

When it comes to NFT, there seems to be no substitute for inheritance. Recently, a big deal was done with flippening,” the moment when the minimum price of monkeys (temporarily) exceeded that of CryptoPunks. But look at the other end of the spectrum, and it's clear that Punk's high sales are dwarfed by its monkey rivals.


©nftplazas

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