The DeFi Report - Sponsor Image The DeFi Report - Industry-leading crypto research trusted by finance pros. Friend & Sponsor Learn more

CryptoPunks Catch Fire Again

Metaversal Weekly Recap: CryptoPunks surge, Pump.fun slumps.
CryptoPunks Catch Fire Again
3
0

Subscribe to Bankless or sign in

This week, CryptoPunks recorded its strongest 7-day volume stats in over a year and briefly crossed the $200k floor price mark for the first time since March 2024.

Driving some of the buy pressure? Renewed interest in the wake of Ethereum holding company GameSquare's purchase of rare ape 'Punk #5577 for its corporate treasury.

Now the grand question is which companies might follow suit with their own 'Punk bids. More ETH treasury strategies are all but inevitable, but top Ethereum NFTs have officially entered this conversation, too.

Subscribe for free to continue reading

  • Support the Bankless Movement
  • Access to thousands of articles
  • Complete archive of Bankless episodes
  • Embark on free quests in Airdrop Hunter
  • Daily alpha in your inbox

Already subscribed? Sign in


William M. Peaster

Written by William M. Peaster

983 Articles View all      

William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he writes the Metaversal newsletter on the onchain frontier, covering everything from AI projects to crypto games, as the team’s lead NFT analyst. With a background in creative writing, he writes fiction and publishes art on Ethereum in his free time.

No Responses
Search Bankless