CryptoPunks Are Leading the Charge Today

CryptoPunks Are Leading the Charge Today

In the last 24 hours, we have seen Ethereum ($ETH) break blow $1,000 and Bitcoin break below $20,000 for the first time in more than a year, making market participants feel like the sea of red is seemingly never-ending.

In the same 24-hour span, we have seen CryptoPunks, an NFT project that has been credited for kickstarting the PFP (profile picture) mania and a collection many users once believed was the clear-cut best NFT project lead in volume by a wide margin.

CryptoPunks have done 3,320.0 ETH worth of trading volume during this time span which is north of $3 million dollars, an increase of more than 150 percent according to the Larva Labs website.

This is more volume than other "blue-chip" projects such as Bored Ape Yacht Club, Mutant Ape Yacht Club, Moonbirds, and Azuki have done combined in the same 24-hour window according to the Lucky Trader Project Rankings.

More about CryptoPunks

One of the most iconic NFT collections of all-time, CryptoPunks was developed by Larva Labs and released in 2017 as a free-to-claim experiment. CryptoPunks, along with the Bored Ape Yacht Club led the NFT bull run of 2020 and helped bring digital collectibles to the mainstream through high profile auctions and celebrity onboarding. In 2022, Larva Labs sold the intellectual property of CryptoPunks to Yuga Labs, who created the Bored Ape Yacht Club.

At the time of publish, the CryptoPunks floor price sits at 62.95 ETH, and has stayed relatively flat over the past 24 hours on 492 ETH volume of transactions. Over that same timeframe, 1 sharp wallets have sold 1 NFTs and 2 sharp wallets have bought 2 NFTs in the CryptoPunks collection. Catch up on other recent CryptoPunks news here.

Recent CryptoPunks Sales

#7032sold at 12/08 1:12pm for
#7611sold at 12/08 5:12am for
#1844sold at 12/08 5:12am for
#6588sold at 12/08 12:12am for
#1456sold at 12/07 8:12pm for

Recent CryptoPunks Listings

#7206listed at 12/08 7:12pm for
#4322listed at 12/08 7:12pm for
#8668listed at 12/08 7:12pm for
#2647listed at 12/08 5:12pm for
#2647listed at 12/08 4:12pm for
Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice.
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