NBA Star NFT Sells For Record-Breaking Price On Sorare

Coingapestaff
February 7, 2023 Updated July 18, 2025
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NBA NFT

NBA NFT News: Sorare NBA set a new record on Sunday when a 1/1 NFT of Giannis Antetokounmpo sold for $187,000 in ETH. This was by far the biggest sales month for the relatively new platform.

This past weekend, the unique Antetokounmpo NFT was sold at an auction on the Ethereum-based Sorare NBA platform for nearly 113.9 ETH, or just over $187,000. The price of the previous peak sale, which was an Anthony Davis NFT that sold for more than $62,000 in December, was tripled, according to data from CryptoSlam.

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One of the largest NBA NFT sales

Additionally, it’s the largest Giannis Antetokounmpo NFT sale that anyone is aware of. The NBA champion Bucks player sold for $95,000 on NBA Top Shot, Dapper Labs’ video collectibles platform that utilizes the Flow blockchain. This transaction took place in February 2021. It shares the distinction of being the chain’s 16th-largest Top Shot sale ever.

However, Sorare’s best NBA players can’t match the athlete’s highest score when measured against physical trading card sales. A rookie card of Giannis Antetokounmpo that was autographed sold for nearly $1.8 million in September 2020. It once set a record for the highest price ever paid for a basketball trading card. For a platform that only launched in October, the Sorare NBA Sale is a significant event. Additionally, it follows a period of time in which NFT prices and sales have been declining. For instance, it’s been almost two years since NBA Top Shot sold that many NFTs.

NBA Top Shot’s effects

NBA Top Shot played a role in the popularity of NFTs in 2021, and so far, secondary market sales have generated more than $1 billion. The majority of these sales, however, took place in the first few weeks of 2021. A piece of LeBron James memorabilia sold for nearly $388,000 in April 2021 at an off-chain auction house. The highest single NFT sale for Top Shot was this one.

Also Read: Explained: What Are PFP NFTs And How Do They Work?

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.