CryptoPunks Catch Fire Again
Metaversal Weekly Recap: CryptoPunks surge, Pump.fun slumps.
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.
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William M. Peaster
William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he covers the onchain frontier with a particular interest in art, games, and other culture apps. He has a background in creative writing and writes fiction in his free time.
