The CryptoPunks NFT collection currently has a price floor of 66.58 ETH, with a 24-hour trading volume of 467.57 ETH across 3 sales. Notably, the floor price has experienced a slight 0.03% decline over the past day.
Key Market Metrics (7-Day Overview)
- Average sale price: 103.74 ETH
- Highest sale: 333.00 ETH
- Lowest sale: 65.94 ETH
- Floor cap: 665,800 ETH (Ranked #2 in NFT price floors)
- Listed ratio: 10.6%
- Max supply: 10,000
👉 Explore real-time CryptoPunks price trends
What Are CryptoPunks?
CryptoPunks is a groundbreaking Ethereum-based NFT collection of 10,000 algorithmically generated characters, credited with pioneering the profile picture (PFP) movement. Each punk is unique, with ownership verifiable via the Ethereum blockchain.
Unique Attributes
- Historical significance: First major PFP project, predating Bored Ape Yacht Club and Azuki.
- Scarcity: Fixed supply of 10,000, ensuring no duplicates.
- Rarity tiers: Traits like alien, zombie, or ape increase value.
- Utility: PFPs for social media, metaverse identities, and digital art displays.
Initially distributed for free to Ethereum wallet holders in 2017, CryptoPunks now trade exclusively on Ethereum NFT marketplaces like OpenSea or Blur.
The Evolution of CryptoPunks
Origins and Creators
Developed by Larva Labs (founded by ex-Google engineers Matt Hall and John Watkinson), CryptoPunks began as an experimental art project. The duo used custom software to generate pixelated avatars, blending cryptography with pop culture.
Cultural Impact
- Media spotlight: Featured in Bloomberg, CNBC, and The Financial Times.
- NFT market catalyst: Fueled the 2020–2021 NFT boom alongside Art Blocks.
- Art world integration: Exhibited at premier events like Art Basel.
👉 Discover how CryptoPunks revolutionized digital ownership
FAQ
Q: Why are some CryptoPunks more expensive than others?
A: Rarity drives value—punks with rare traits (e.g., aliens or attributes under 1% frequency) command premium prices.
Q: How do I buy a CryptoPunk?
A: Purchase via Ethereum-compatible marketplaces using ETH. Ensure the seller’s punk is verified on Larva Labs’ official contract.
Q: What’s the long-term potential of CryptoPunks?
A: As a blue-chip NFT, their historical significance and limited supply suggest enduring value, though market volatility persists.
Final Thoughts
CryptoPunks remain a cornerstone of NFT culture, blending art, technology, and collectibility. With a robust market presence and legendary status, they continue to shape the digital asset landscape.
Data sources: nftpricefloor.com, Larva Labs