CryptoPunks' contribution to the growth of nft
The financial impact of CryptoPunks is significant. The nft project has amassed a total of $2.8 billion in sales. In the last 24 hours, its value has increased by $1.25 million, an increase of 812% from the previous day.
CryptoSlam data ranks the nft project third highest among major collections, behind Axie Infinity nftswhich has sales totaling $4.27 billion, and Bored Ape Yacht Club with $3.14 billion.
Interestingly, CryptoPunks has occasionally surpassed Bored Apes in terms of market capitalization. Still, it has usually been by a narrow margin.
Read more: CryptoPunks surpasses BAYC in market capitalization – nft Plazas
The recent sale of CryptoPunk #741 highlights the growing demand for scarce nfts and transformative trends in the sector, reflecting investors' and collectors' continued vitality and interest in non-fungible collectibles.
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