CryptoPunks is a collection of generative art and one of NFT’s very first apps for digital art. There are only 10,000 Punks in existence, and some of them are considered lost forever.
What happened: CryptoPunk # 9684 was just sold for 126 ETH (CRYPTO: ETH) (528,083 USD). The value of CryptoPunks is usually determined by Punk’s attributes, with the traits of the pilot’s hoodie, beanie, and helmet being the most coveted. Other species of punks (zombies, monkeys, and aliens) are incredibly rare, and they also sell for a higher price.
Here is a list of his attributes and how many other Punks have the same trait:
- Type: Male (6,039)
- Accessory: 3D Glasses (286)
- Accessory: Handlebars (263)
- Accessory: Front Cap (254)
- Accessory: Hose (317)
Why is this important: Cryptopunks are the ultimate rookie card for NFT collectors. CryptoPunks gained enormous influence in 2021, with dozens of celebrities proudly showing off their punk property on Twitter. Cryptopunk sales are a leading indicator for the rest of the NFT market and show that some are willing to spend money on blockchain-based art.
Price action: Ethereum is currently trading at $ 4,192.81, up 0.77% in the past 24 hours.
See also: NFT release schedule and Best NFT projects of 2021
Data provided by OpenSea.
This article was generated by Benzinga’s automated content engine and edited by an editor.