CryptoPunks are a generative art collection, and one of the first ever applications of NFTs for digital art. There are only 10,000 Punks in existence, and some of them are thought to be lost forever.
What happened: CryptoPunk #3173 just sold for 68.80 ETH ETH/USD ($83,347 USD). The value of CryptoPunks is typically determined by Punk's attributes, with the hoodie, beanie, and pilot helmet traits being the most coveted. Other species of Punks (Zombies, Apes and Aliens) are incredibly rare and also sell for a premium.
Here are a list of its attributes and how many other Punks have the same trait:
- Accessory: Cap Forward (254)
- Type: Male (6,039)
- Accessory: Horned Rim Glasses (535)
- Accessory: Mole (644)
- Accessory: Front Beard Dark (260)
- Accessory: 4 Attributes (1,326)
Why it Matters: Cryptopunks are the ultimate rookie card for NFT collectors. CryptoPunks have earned huge influence in 2021, with dozens of Celebrities proudly showing off their punk ownership on Twitter. Cryptopunk sales are a leading indicator for the rest of the NFT market, and go to show that some are willing to spend serious coin on blockchain based art.
Price Action: Ethereum is currently trading at $1,211.30, down 0.38% over the past 24 hours.
See Also: NFT Release Calendar and Best NFT Projects of 2021
Data provided by OpenSea.
Checkout the full cryptopunk collection
You can learn more about this NFT here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Get ready to uncover the secrets of decentralized finance and security in the crypto market with Crypto Unlocked , Benzinga's new virtual crypto event series. Don't miss out on this opportunity to learn from the experts and connect with fellow crypto enthusiasts — subscribe and turn on notifications for Crypto Unlocked on YouTube today !