Punks On Hive has been one of the cool projects on. The project was launched during HiveFest in 2021 and sold super-fast. A 10k Hive Punks collection that brings the iconic Crypto Punks NFTs on Hive with a twist.
How are Punks on Hive doing these days? Let’s take a look at some data.
We will be looking at the trading activity after the Hive Punks sold out, and the trading between players.
Hive Punks were launched on November 12th, 2021 during the first day of HiveFest 2021, almost two years ago now. The collection was sold in 36 hours. Since then, the project web page was improved a bit, a data on market history was added, filtering etc.
Just a reminder of how the main sale went.
You can see the date, and the hour on the X axis. The collection was sold in two day, or 36 hours, 10k Hive Punks, at a price of 20 HIVE each.
Now we will be looking at:
- Hive Punks sold per day
- Hive Punks sold per month
- Trading volume in HIVE
- Top buyers in 2023
- Top sellers in 2023
The period that we will be looking at is from December 2021 until August 2023. The first month for the project, November 2021 is left out, because this is the month when the minting was happening and it is not comparable with the trading afterwards.
Number of Hive Punks Traded Per Day
Here is the chart for Hive Punks traded per day.
We can see that the overall trading activity has dropped after the first months. In the first six months there was Punks trading daily, but starting from August last year, the activity has slowed down. It interesting to see that there was a big spike in the number of Punks sold in June 2023, but that was mostly because of one account literally dumping a lot of Punks at super low price for 2 HIVE.
The monthly chart for Punks bought looks like this:
A bit clearer representation here. We can see that December 2021 is leading with more than 300 punks traded in that month. In the following months in 2022 the number of punks sold per month was around 130, then it dropped under 100 and has been there up until June 2023, when there were 180 Punks sold in the month, but as already mentioned it was from a big holder selling at low prices.
Trading Volume
How is the trading volume doing in terms of HIVE?
Here is the chart for the monthly trading volume.
This chart follows the chart for the number of Punks sold as well. A higher volume in the beginning and a slow a drop after that.
In 2023 the monthly trading volume is in the range of 500 to 1000 HIVE.
Top Hive Punks Buyers in 2023
Here are the accounts that are buying Hive Punks in 2023.
Top Hive Punks Buyers in 2023
Here are the accounts that are selling Hive Punks in 2023.
The 
The average trading price for Hive Punks in 2023 is 15 HIVE, while the lowest has been 2 HIVE. The highest is at 150 HIVE. In most of the time the floor price has been in the range of 15 to 20 HIVE, with the exception of the time when a large holder made a big liquidation in a short period of time.
As we have seen the trading volume for these NFTs is small, and the market can go in both directions easily. NFTs can be speculative as the value is totally subjective and it all depends on will there be some popularity around them.
