For many, the NFT market, once seen as an indomitable force of explosive growth and boundless potential, is now a shadow of that reality. As of this writing, recent figures indicate a precipitous drop in the total NFT sales volume. Conversely, the CryptoPunks collection is witnessing a stunning revival. This...
NFT sales have plummeted to one-sixth of the all-time peak at $89.4 million. Even in this recently cooled climate, CryptoPunks have proven themselves to hold a strong position. In fact, sales were up 106% on the year! This divergence is representative of the varied and complicated narrative developing in the...
Those same Nintendo 64-style avatars, once considered the embarrassing vestige of a faded Web3 trend, are back in the news. Sales are up 106%. At a time where NFT volume across the entire market is down, this seems like… counter intuitive. Is this return truly an indication that the future...
Waylon Wilcox, a 45-year-old NFT trader, has pleaded guilty to underreporting nearly $13 million in profits from selling CryptoPunk NFTs. The sales occurred across 2021 and 2022. Wilcox is now facing up to six years in federal prison, as well as possible fines and terms of supervised release.Last year, Wilcox...
As one of crypto’s original first-mover NFTs, CryptoPunks is currently sitting at staggering 93% decline in total sales. Even with this downturn, individual CryptoPunks are still selling for multi-millions, demonstrating the collection’s lasting value to collectors. Although the floor price across the NFT market drops, the CryptoPunks is one of...
Are your CryptoPunks feeling a little…deflated? You're not alone. Meanwhile, the broader crypto market is showing strong signs of life, with Bitcoin trading back up towards $65,000 and Ethereum showing some incredible resilience. These challenges continue to loom over the NFT space, impacting even the blue-chip collections such as CryptoPunks....
