CryptoPunk NFT Sold For 75 ETH
Portfolio Pulse from Benzinga Insights
CryptoPunk #1287, a digital art NFT, sold for 75 ETH ($135,554 USD). CryptoPunks are considered the ultimate rookie card for NFT collectors and their sales are a leading indicator for the NFT market. Ethereum is currently trading at $1,807.34, down 5.02% over the past 24 hours.
June 05, 2023 | 7:00 pm
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CryptoPunk NFT sale highlights the demand for Ethereum-based NFTs, but Ethereum's price is down 5.02% over the past 24 hours.
The sale of CryptoPunk NFT for 75 ETH demonstrates the demand for Ethereum-based NFTs. However, the price of Ethereum is down 5.02% over the past 24 hours, indicating that the NFT sale has not had a significant short-term impact on Ethereum's price.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 80