CryptoPunk NFT Sold For 60 ETH
Portfolio Pulse from Benzinga Insights
CryptoPunk #1101, a digital art NFT, sold for 59.90 ETH ($107,168 USD). CryptoPunks are a generative art collection and one of the first NFT applications for digital art. The sale of CryptoPunks is considered a leading indicator for the NFT market.
May 24, 2023 | 7:01 pm
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CryptoPunk #1101 sold for 59.90 ETH, showcasing the demand for NFTs. Ethereum is currently trading at $1,789.14, down 3.11% over the past 24 hours.
The sale of CryptoPunk #1101 for 59.90 ETH highlights the demand for NFTs, which are primarily built on the Ethereum blockchain. However, the price of Ethereum is currently down 3.11% over the past 24 hours, indicating that the sale of this particular NFT may not have a significant short-term impact on the price of Ethereum.
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