The general market recovery has been a major talking point since we wrapped up the first week of August. This theme is further prevalent in the NFT market which has seen “bluechip” collections reaping the rewards. However, CryptoPunks stands out as the leading collection during the bear market. The collection has been a regular fixture […]
the release of “hiPUNKS” on the trading exchange. This new NFT ETF represents 1/1,000,000 CryptoPunks in an on-chain swap pool powered by the Fraction Protocol. The initial total supply is marked at 6,000,000 HIPUNKS., social engagements for the collection have surged by 270% to reach 197.85 million. The social contributors have also hit 142 after seeing a 97% hike over the past week.
These updates, invariably, affected the Floor Price of the collection, which was up to 74.5 ETH at press time.In the past week alone, CryptoPunks has seen sales volume rack up a figure of $8.9 million with a 120% surge. The highest point was seen on 6 August when the sales volume peaked at $2.5 million. In fact, according to CryptoSlam, CryptoPunks was only second to NFTiffs on the volume chart this week.
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