24 HOURS OF ART: Monday Highlights

Digital Art Headlines, Market Highlights, and Analysis from 4/7 - 4/8

Apr 08, 2024

Autoglyph #256 by Larva Labs sells for 145 WETH from RoverZeroX-Vault to anonymous wallet. Collection lowest list is 225 ETH.

Insta X

InstaBags is the XCOPY headline story. A 10 edition Rarible release minted in November, 2020, it sees its first 2 sale day since March, 2021.

First it is Raoul Pal returning to collect 3 editions in total:

InstaBags /10: 22.22 ETH
BANGERS AND CRASH /25: 20 ETH
EYE-ROLLA /25: 12 ETH

Soon after another InstaBags is collected as XCOPY edition sales run rampant:

InstaBags /10: 26 ETH
Disintegration /50: 11.06 ETH to maxkarlan
BOTTOM FEEDER /38: 7.2 ETH to Ay19

Dense Darkfarms

‘Dense memecabre enriched with death’ by Darkfarms is collected for 6 WETH by granneberg from JonathanLittleVault. The 1/1 artwork was originally minted on Foundation in December, 2021.

Collection: 5 Highlights

CENTS /10k by Rutherford Chang x Sovrn: 2.374 BTC volume, floor: 0.0095 BTC
swatches by jvmi: 39 ETH volume, floor: 0.065 ETH
Opepen Edition /16k by Jack Butcher: 11.6 ETH volume, floor: 0.18 ETH
MAX PAIN /5,761 by XCOPY: 20 sales for 10.36 ETH (avg: 0.52), floor: 0.55 ETH
DAMAGE CONTROL by XCOPY: 18 sales for 9.86 ETH (avg: 0.55), floor: 0.5 ETH

1/1: 5 Highlights

Donk (Dec, 2019) by JOY: 4.35 WETH
Close Encounters Of The Web 3 Kind: Hard Moon by davidhenrynobodyjr: 2.25 ETH to roses
Roundabout by Efdot: 2 ETH to Paper Buddha
Poker Face, 2015 by davidhenrynobodyjr: 1 ETH to 0xmlow
LIVE (SuperRare) - Eternity by Monaris: 1.1 ETH bid, ends 7:44am EST

1/1/X: 5 Highlights

Art Blocks - Gazers /1k by Matt Kane: 5.275 ETH
Art Blocks - Meridian /1k by Matt DesLauriers: 4.3 ETH
Winds of Yawanawa /1k by Refik Anadol: 4.24 ETH
Art Blocks - Anticyclone /800 by William Mapan: 2.93 ETH & 2.55 WETH
REMNANTS /250 by XCOPY: 3.7 & 2.6 WETH, 3.69 & 0.42 (?) ETH

Edition: 5 Highlights

GIGACHAD /100 by Beeple: $29,999 to P3_V
INFECTED /123 by Beeple: 5.49 ETH to Autumn_Puss
Guzzler /206 by XCOPY: 2.8 ETH
Afterburn /870 by XCOPY: 1.9, 1.75 & 1.73 ETH
The Memes by 6529 - EXIT STRATEGY /420 by XCOPY: 1.69, 1.54, 1.42, 1.38, 1.38, & 1.35 ETH

Closing Thoughts

The recent XCOPY fury is a productive example of how investment minded buyers function: activity flocks to one (or few) suns to rally around. Beeple is a reasonable bet to be the next focal point. There has been a run on ‘Everydays - Raw’, as well as editions within the ‘SPRING/SUMMER 2021’ Collection. Let’s see if it continues.

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