The NFT market is witnessing a robust resurgence, with CryptoPunks at the forefront, following a $2.08 million mid-tier sweep and a floor price of 61.5 ETH. A new NFT wallet has made a notable entry by sweeping $2 million worth of Punks and placing an additional $3.6 million in bids. The market's buoyancy is further evidenced by a $4.2 million offer for a rare alien Punk and a $2 million acquisition of other rare Punks. Other NFTs, including a 98 ETH Fidenza and a 24 ETH Dangiuz 1/1, have also sold, signaling a wider market revival. Collections such as Pingwings, Nakamigos Crypto Trading Cards, and Crypto Undeads have experienced price increases, with Pingwings 1000x from mint, Nakamigos jumping 69% to a 0.69 ETH floor, and V1 Punks and Toadz both appreciating by 20%. The market optimism extends to predictions of Punks becoming the preferred crypto collateral, potentially surpassing $1 million in value this cycle. Additionally, there is a consensus that rare Punks, especially Ape Punks, should not be sold, with their value expected to reach over $20 million in the coming years. Amidst this NFT season, the BTC market remains choppy and uneventful, which could be ideal for the NFT market's growth.
Most likely we will see NFT season for a while now Ideally the BTC market is choppy and boring for that We are seeing Punks leading the way and many other collections following suit, I am so ready for this
Punks are the only NFT where I don’t think it’s a good idea to sell your rares. Ape punks probs worth $10M+ within a few years https://t.co/ZBeoDLYwjx
Punks are the only NFT where I don’t think it’s a good idea to sell your rares. Ape punks probs worth $20M+ within a few years https://t.co/ZBeoDLYwjx
The PUNKBITS Rarity Ranking is live! 💎 https://t.co/ywi2rv7coF A collection of 10,000 3D-modeled NFTs, each uniquely crafted from over 200 traits in Cinema4D 😎 By @michalprekop Post your Punks in the comments 👇 https://t.co/KSDFNlaNwy
CryptoPunks are about to take off to unthinkable levels. I don’t think they come back down this time. I once held two Punks simultaneously, and I’ve given another away for a pay it forward marketing stunt. I will own a CryptoPunk again someday. It’s the pinnacle of cryptoart imo.
Burst of life this weekend for nfts ❤️🔥 • $4.2m offer on rare alien Punk. • $2m sweep of other rare punks. • 98 ETH Fidenza sale. • 24 ETH Dangiuz 1/1 • Squiggles sweep. • Pudgies, Doodles, Cool Cats all higher. https://t.co/3gjXx7E21X
Putting my “bull” hat squarely on for tomorrow’s show! We are recapping the weekend in NFTs, talking: -Punks surging -ETH NFTs in green -A Solana 1000x -Crypto Undeads back from the dead -Quantum Cats want your Bitcoin + all the news Set 🔔👇 https://t.co/BQLZFLedNB
I can see Punks being widely accepted as the preferred crypto collateral. CryptoPunks721 will enable this. No airdrops/expectations or other bs. Just a perfect asset. Punks going be $1m+ this cycle. Intersection of Art & Finance. https://t.co/CpBwjEmGoo
There’s more to this space than punks(apes too, not being bag biased here) but the NFT bull usually starts with punks.. STAY PATIENT FRENS 🫡
new NFT wallet has swept $2 million of punks and has another $3.6 million in bids punks catching a bid will be good for the entire NFT market if it can continue https://t.co/fpRI6GJVdc
Last time a Punk run jumpstarted the NFT market right? My ArtBlocks need to know.
NFT Morning Update -Punks see $2.08M mid-tier sweep, floor at 61.5 ETH -Opepens (unrevealed) swept to 0.41 ETH on ACK hype -Pingwings 1000x from mint and reach 3 SOL, now 1.8 -Nakamigos Crypto Trading Cards jump 69% to 0.69 ETH floor; V1 Punks and Toadz both +20% -Crypto Undeads… https://t.co/Q6hUJhqgN2