The iconic NFT collection CryptoPunks appears to be making a comeback this year amidst the ongoing NFT bear market. According to CoinGecko, the CryptoPunks collection currently leads the NFT market with a 30.9% share among the top collections, a position it solidified after surpassing Bored Ape Yacht Club (BAYC) in May 2023. CryptoPunks Sees Resurgence But BAYC Loses Ground At the beginning of 2022, CryptoPunks held a 24.8% share, trailing BAYC’s 29.3% lead. Though it briefly...
Read More »CryptoPunks NFT Fetches Millions: Punk #7804 Sold for Over $16M in ETH
The once-hot NFTs witnessed a significant downturn during the crypto winter. But this sector again appears to have bounced back following the widespread rebound of digital assets. One of nine Alien Punks was sold for 4,850 ETH – the second-largest CryptoPunks sale ever – just days after a similar recent transaction of Alien Punk #3100. Blue-Skinned Punk Fetches $16.42M Punk #7804, part of the exclusive Ethereum NFT collection featuring only nine Alien Punks, exchanged hands...
Read More »CryptoPunks NFT Collection Turns Six: Here’s the Journey So Far
CryptoPunks, one of the first non-fungible token (NFT) collections on the Ethereum blockchain, has reached a significant milestone as it celebrates its sixth anniversary. Since its launch in June 2017, CryptoPunks has captivated the world with its 10,000 digital collectibles, leaving an indelible mark on the NFT realm as the largest NFT collection by market cap. According to data compiled by blockchain analytics firm Nansen, CryptoPunks currently has an estimated market cap...
Read More »NFT Collector Destroys $129K CryptoPunk: How to Protect Your NFTs
Last month a crypto Twitter influencer accidentally destroyed their $129K CryptoPunk NFT. Here are some best practices to protect your NFTs from losses to technical mishaps with your crypto. “This is truly a devastating mistake for me.💔 But I did this myself, and it is no one’s fault but my own. Both the beauty and the curse of self-custody,” tweeted crypto investor Brandon Riley, “Stay safe out there, everyone, and please be way more careful than I was. Thank you to so many...
Read More »Bitcoin, Others Debut in Guinness Book of World Records
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Read More »CryptoPunks Trading Volume Soars 25% Overnight
CryptoPunks is arguably one of the most iconic collections of NFTs – the one that ignited the niche’s bull market in 2021 and throughout the first few months of 2022. It appears that users are showing renewed interest in the non-fungible tokens as data reveals a soaring trading volume over the past 24 hours. Data from popular DApp resource DappRadar reveals that the interest in the CryptoPunks NFT collection is soaring over the past couple of days. The total trading volume...
Read More »BAYC Floor Price Skyrockets 25% as Yuga Labs Buys CryptoPunks and Meebits Collections
The Bored Ape Yacht Club NFT collection saw its floor price surge by about 25% in less than a day. The move comes following major developments announced by the company behind it. Yuga Labs – the company that took the responsibility for creating the Bored Ape Yacht Club NFT collections – revealed they’ve acquired the CryptoPunks and Meebits collections. In essence, Yuga Labs acquired the intellectual property rights to both series. Today we’re excited to announce that Yuga has...
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