According to data from the NFTGo platform, in the last 24 hours, the minimum selling price of CryptoPunks has increased by 7%, reaching 66,6 ETH (about $71.400, currently).
CryptoPunks are moving away from the broader cryptocurrency crash this week.
According to data from NFT monitoring platform NFTGo, the average selling price of CryptoPunks has increased by 7,94% over the past 24 hours. Currently, these 8-bit pixelated avatars on the Ethereum blockchain are trading at a minimum selling price of 66,65 ETH, which at the current price of the cryptocurrency, $1.070 per unit, is equivalent to approximately $71.435.
Source: NFT Go
The number of CryptoPunks holders has also increased by 0,28% and its market capitalization by 3,52% in the last 24 hours.
Also, while the daily trading volume of this NFT collection has decreased since Sunday, data from the past week shows that it has increased exponentially over the past 7 days, currently exceeding $7,2 million. This figure represents an increase of more than 320% compared to the trading volume recorded with this NFT collection last week.
It may interest you: Olyverse, the first metaverse for NFT movie production
The most valued CryptoPunks this week
Although the NFT market is suffering alongside the general collapse of cryptocurrencies, the NFTs from this digital collection on Ethereum remain among the most sought-after virtual objects by investors and collectors in the industry.
Punks #4320, #6893, #7418, #7746, and #8491 are among the top sellers this week. These NFTs have traded for over 100 ETH in the past 24 hours; almost double their current average price.
Even punks #512 and #3022, both sporting a hoodie as a common attribute, sold for nearly 200 ETH on Monday.
Punk #2964, sporting a colorful beanie as its only attribute, sold for 444 ETH on Monday, worth over $440.000 at press time. Other punks, such as #6634 and #8713, have traded for 350 ETH and 230 ETH, respectively, this week.
Source: NFT Go
Data shows that CryptoPunks have once again positioned themselves among the most traded NFT collections and most valued in the market.
What are CryptoPunks?
CryptoPunks are a collection of 10.000 simple-looking pixelated avatars. However, despite this, they are the most valuable NFT collection in the crypto market today. This is thanks to the fact that CryptoPunks were pioneers in the creation of these digital assets.
As one of the first NFT collections released on the Ethereum blockchain, CryptoPunks inspired the development of the ERC-721 standard for creating digital collectibles on the blockchain and inspired the modern Crypto Art movement, leading CryptoPunks to enter the mainstream as one of the most important and popular crypto collections of all time.
Main image by Brink
Continue reading: Javier Arrés, digital artist: «NFTs have brought art to mid-range collectors»
