EtherRock Returns to Trends: One Of the NFTs Worth More Than $1.97 Billion
The NFT collection EtherRock, which was created in 2017, is riding a new wave of popularity in the world of nonfungible tokens.
On August 8, one of the EtherRock tokens was sold for 45 ETH, which at the time of writing the news corresponds to $141,574.
The EtherRock collection appeared in the same year as the well-known CryptoPunks. Each NFT is an image of the stone, the same shape and size, but differ from each other with a unique colour. There are only 100 EtherRock NFTs. According to Etherscan, the first EtherRock was sold on December 26, 2017, for 0.099 ETH (which was roughly $300 at the time).
During the first years of the collection’s existence, only 20 “rocks” were sold at prices ranging from 0.1 to 0.36 ETH. After a surge in activity in the NFT market, investors decided to accelerate the sale of the remaining EtherRocks.
After the sale of all the collection’s tokens, many were put up for resale on various marketplaces. Secondary prices range from 31 ETH ($97,529) to 626,262 ETH (over $1.97 billion at the time of writing).
The popularity of NFT is growing every day. CryptoPunks were so liked by users and collectors that the creators decided to release a new collection, “COVIDPunks”.