
CryptoPunks, a prominent NFT collection, has seen increased trading activity and rising prices over the past week. The number of CryptoPunks available for sale has dropped to fewer than 950, with a weekly trading volume reaching approximately 2,000 ETH and 700 ETH traded in the last 24 hours. The floor price currently stands at around 45 ETH, with many sales occurring above this level, indicating strong demand among collectors. Recent reports highlight that the CryptoPunks market capitalization, calculated as floor price multiplied by 10,000 Punks, has surpassed $1 billion. Notable sales include CryptoPunks #7693 and #6480, priced at 44.84 ETH and 45 ETH respectively. Additionally, Bitcoin-related NFTs such as Bitcoin Punks are also experiencing heightened interest, with some sales reaching multimillion-dollar valuations. Institutional investors, including Goldman Sachs, have reportedly invested $1.65 billion in Bitcoin ETFs, coinciding with CryptoPunks floor prices nearing 104,000 USD and Bitcoin trading around 103,000 USD. The NFT market is showing signs of robust activity, with collectors securing high-value digital art pieces amid a bullish environment.
It’s time for your Sunday Punk Floor Report: Our old favourites #7693, 44.84Ξ, and #6480, 45.00Ξ, are floor fem and male Punks. In other news, Punk market cap (floor x 10,000 Punks) is over $1B again! Five sales yesterday, one so far today. https://t.co/aynLLFhc3N
All the Bitcoin Punk sales across all marketplaces from the past few days, powered by @Satflow_ Green = Buy Red = Offer Accepted What's your favorite recent punk acquisition? 👀 https://t.co/1D51U17IBR
CryptoPunks are pumping hard https://t.co/0epyKlcxrQ


