CryptoBlog n.792

CryptoPunks, originally created by Larva Labs and now owned by Yuga Labs, are one of the most recognizable NFT collections out there , Originally minted in June 2017, the project can be credited with creating the NFT PFP ecosystem that makes up the majority of the space today. Today’s big sale takes things a whole step further, as it isn’t every day you see NFTs selling for millions. However, CryptoPunk connoisseur and DJ Seedphrase just sold one of the rarest punks in the entire collection for a whopping 3300 ETH (~$4,428,435). The CryptoPunk in this case (2924) possesses not one, but two of the most highly sought after and limited traits in the entire collection. CryptoPunks with the “Hoodie” trait are extremely rare, comprising only about 3% of the collection. Add in the even rarer “Ape” trait (found on a small total of 24 CryptoPunks), and you’ve got the makings of a nearly $4,500,000 NFT.