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Wednesday, February 15, 2023
HomeCryptoHere's Why This Rare CryptoPunk NFT Just Sold For $150,678 In ETH...

Here’s Why This Rare CryptoPunk NFT Just Sold For $150,678 In ETH By Benzinga

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© Reuters. Here’s Why This Rare CryptoPunk NFT Just Sold For $150,678 In ETH

CryptoPunks are a generative artwork assortment, and one of many first ever functions of NFTs for digital artwork. There are solely 10,000 Punks in existence, and a few of them are considered misplaced endlessly.

What occurred: CryptoPunk #3392 simply offered for 72.95 ETH (CRYPTO: ETH) ($150,678 USD). The worth of CryptoPunks is usually decided by Punk’s attributes, with the hoodie, beanie, and pilot helmet traits being essentially the most coveted. Other species of Punks (Zombies, Apes and Aliens) are extremely uncommon and likewise promote for a premium.

Here are an inventory of its attributes and what number of different Punks have the identical trait:

  • Type: Male (6,039)
  • Accessory: Nerd Glasses (572)
  • Accessory: Earring (2,459)
  • Accessory: Fedora (186)
  • Accessory: Pipe (317)

Why it Matters: Cryptopunks are the final word rookie card for NFT collectors. CryptoPunks have earned enormous affect in 2021, with dozens of Celebrities proudly exhibiting off their punk possession on Twitter (NYSE:). Cryptopunk gross sales are a number one indicator for the remainder of the NFT market, and go to point out that some are keen to spend severe coin on blockchain primarily based artwork.

Price Action: is presently buying and selling at $2,065.50, up 6.11% over the previous 24 hours.

See Also: NFT Release Calendar and Best NFT Projects of 2021

Data offered by OpenSea.

Checkout the complete cryptopunk assortment

You can study extra about this NFT right here.

This article was generated by Benzinga’s automated content material engine and reviewed by an editor.

© 2022 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.

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