CryptoPunks Sales Surge

In the past 24 hours, CryptoPunks have seen a flurry of buying activity as its floor price climbs to 42 ETH per NFT.

According to data on its official site, the Yuga Labs-backed NFT collection has seen 19 sales of its unique pixelated avatar heads in the past 24 hours. The recent surge in CryptoPunks buyer activity has brought the number of transactions up by 18.75%, positioning the NFT collection as the second largest, according to data from CryptoSlam.

So far, the top purchase in the past 24 hours is CryptoPunk #2301, showcasing an avatar with an eyepatch and a hoodie that was purchased at a price of 115 ETH (or $235,190 at current prices).

At press time, the floor price for CryptoPunks sits at 42 ETH, which has increased by 5% compared to the previous day, when it was below 40 ETH. Earlier today, the floor price dipped lower to 39.39 ETH.

In the past 24 hours, the total sales of CryptoPunks NFTs has reached 915.37 ETH. At current market prices, today’s total sales are equal to more than $1.8 million. Ethereum is currently trading at $2,060 according to data from crypto.news.

In the past month, sales for the NFT collection have increased by nearly 20%, signaling an upward trend. However, despite the rise in buyer activity, daily trading volume has decreased by 21.8%. Its market cap currently sits at 419,748 ETH, approximately $865 million.

In the past 7 days, the Yuga Labs-backed collection has achieved the highest NFT collectible sales, with CryptoPunk #2967 valued at $843,070, sold on March 23.

Launched in 2017, CryptoPunks is an NFT collection consisting of 10,000 unique pixel art avatars that traders can mint on the Ethereum blockchain. In October 2024, publishing firm Phaidon released an 800-page book documenting all 10,000 Punks ever created. The book titled “CryptoPunks: Free to Claim” was written and compiled by creative director Zak Kyes, in partnership with Yuga Labs.

Read more: CryptoPunks collection to be featured in an 800-page book documenting its phenomenal rise.