Five Punks left to a 200k USD floor and no one is even talking about it. 1/3 of the collection hasn't traded ever/since 2017 and nearly 75% of the collection hasn't traded since 2021, you think they're selling now anon? https://t.co/0wuwGsHGDQ
What do you think the floor price of a cryptopunk will be 3 months after an etf launches? https://t.co/iMmLZRNKk4
Punks gonna race to 500k https://t.co/Jx9paLMB0u
The CryptoPunks NFT market is witnessing a significant surge in value, with the floor price nearing the $200,000 mark. Tweets from various users within the NFT community highlight the rapid approach to this milestone, with updates indicating the decreasing number of sales needed to reach the $200k floor, from 26 punks to just five. The excitement around this development is palpable, with speculations on future valuations, including a potential rise to $500,000 and even a hypothetical scenario where the floor could exceed $1 million if certain market conditions are met. The current floor price has been reported at $185,000, underscoring a bullish sentiment in the market despite some observers noting that the broader market has yet to acknowledge this trend.