One of the very first uses of non-fungible tokens (NFTs) in the context of digital art, CryptoPunks is a collection of generative artwork. There are only believed to be 10,000 Punks left in the world, and it is possible that some of them will never be found again.
What happened: Recently, CryptoPunk #1484 sold for 24 ETH, or $327,792. CryptoPunks are often valued according to their characteristics, with the hoodie, beanie, and pilot helmet traits being the most sought-after. Other varieties of punks, such as zombies, apes, and aliens, are extremely uncommon and also fetch a high price.
Its features are listed below, along with how many other punks share each one:
Accessory: 3 Attributes(4,122)
Accessory: Earring(2,459)
Type: Male(6,039)
Accessory: Handlebars(263)
Accessory: Hoodie (259)
Why it Matters: For NFT collectors, cryptopunks are the ideal rookie card. With dozens of Famous people proudly displaying their holding of CryptoPunks on Twitter in 2021, CryptoPunks have greatly increased in influence. Sales of cryptopunk are a good sign for the NFT industry as a whole since they demonstrate that some people are willing to pay a lot of money on blockchain-based art.
Pricr action: At the moment, the price of Ethereum is $1,365.70, which is 1.13% more than it was 24 hours ago
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