Punks Volume Up, Floor Price Stagnant

Punks Volume Up, Floor Price Stagnant

CryptoPunks top the Lucky Trader volume rankings over the last 24 hours, trading more than 1,000 ETH on the secondary market during that time. 

Yet while the volume increase signifies a massive 650 percent gain when compared to the previous day, the floor price of the collection remains stagnant at 63.95 ETH. 

Additionally from the Lucky Trader rankings, we can tell that the 1,119 ETH in secondary trading has come on just nine total CryptoPunk sales during the last day headlined by the sale of CryptoPunk #7273, which sold for 369.69 ETH ($497K) earlier today. 

No specific catalyst is apparent for the recent uptick in trading. The latest major news note for the Punks collection came in August, when Yuga Labs officially released the IP rights to CryptoPunk holders.  

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 ETH, and has stayed relatively flat over the past 24 hours on 290 ETH volume of transactions. Over the last 30 days, 17 sharp wallets have sold 21 NFTs and 20 sharp wallets have bought 37 NFTs in the CryptoPunks collection. Catch up on other recent CryptoPunks news here.

Recent CryptoPunks Sales

#9080sold at 12/04 6:12pm for
#4181sold at 12/04 5:12pm for
#1621sold at 12/04 2:12pm for
#2647sold at 12/04 9:12am for
#3229sold at 12/03 7:12pm for

Recent CryptoPunks Listings

#2848listed at 12/05 5:12am for
#8054listed at 12/05 5:12am for
#9381listed at 12/05 4:12am for
#9289listed at 12/05 4:12am for
#3064listed at 12/05 12:12am 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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