CryptoPunk # 3322 bags are another main selling point for the blue-chip NFT collectible. The rare Punk received an astonishing price of 150 ETH or approximately $654,379 on the trading block.
As a PFP project, the value of a punk is tied to its features. For instance, collectors are looking for hoodie, beanie and pilot helmet features. Other types of punks (zombies, Apes and Aliens) are very rare and are also sold at a high price. Each of the 10,000 punks has 0 to 8 distinctive features that make these combinations very appealing to collectors. Thus, each punk is different from the next punk in terms of identity, characteristics and rarity.
CryptoPunk is an OG NFT collection, thus its performance and market valuation are general indicators of the way that the whole market perform. Due to its connection as a pioneer in the NFT world, the pixelated NFTs have excited many of celebrities and public figures.
As mentioned by CryptoSlam, the project grossed $143,164,874 in NFT sales over the last month. This indicates an increase of 12.49%.
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