CryptoPunks, a popular NFT collection, hit a 2024 high of 63Ξ on Jan. 23 but saw a 60% decline with the floor price at 25Ξ on June 24. Factors include market downturn, discontent with @yugalabs, and anxiety from lending protocols. Recent sales show an increase in floor price to 27.67Ξ, indicating a warming up of NFT vibes.
8 punks sales in the past 2 hours. Floor has gone from 23 to 27.67 in the past week. NFT vibes maybe slightly warming up. https://t.co/HZoL1raTdQ
8 punks sales in the past 2 hours. Floor has gone from 23 to 27.67 in the past week. NFT vibes warming up. https://t.co/a6rUkj0sVO
Grail Grab 🏆 befaf8 bought CryptoPunks (@cryptopunksnfts) #1012 for Ξ66 Collection's Floor: Ξ26.55 Rarity: #9071 https://t.co/vDYt680WNs https://t.co/wvtXmEWlwb
Punk 4699 was just bought for 34 ETH ($114,559.60 USD) NFT SUMMER IS LOADING… https://t.co/oLvVJn1qUR
Azuki #4435 bought for 5.97 ETH (20,210.88 USD) on Blur #GrailAzuki #Azuki https://t.co/hFIBXXaqg7 https://t.co/8mvGj4OIUP
On Jan. 23, CryptoPunks reached a 2024 high of 63Ξ. As of June 24, the floor price was 25Ξ, marking a 60% decline. @ArtGeebz cited contributing factors like the overall NFT market downturn, discontent with @yugalabs’ creative direction & market anxiety from lending protocols as… https://t.co/mYt83EhB5w