The NFT market is starting to show signs of revival! Its impressive comeback has turned the heads of veteran investors and poker-playing newbies. Market activity has skyrocketed by an incredible 28%. Collections such as CryptoPunks have been leading the charge on this front, so it’s important to understand the forces...
Alright, let’s talk about the digital elephant in the room. For years, I've heard the same tired refrain: "NFTs? Just overpriced JPEGs!" Uttered by the same sort of digital Luddites who still believe MP3s aren’t actual music. Guess what? Last week’s CryptoPunks mania brought with it a surprising claim. Even...
Remember the early days of the internet? Remember when Geocities sites were the prevalent online expression, and everyone had a dancing baby GIF? It seemed like if you put your mind to it, anybody could create something wicked awesome. Now, fast forward to the NFT space. We dreamed a beautiful...
The digital collectibles market is in the midst of a boom, driven by record levels of activity on the Ethereum blockchain. NFT trading volume has recently increased to a six-month high of $140 million. This dramatic increase was largely powered by a CryptoPunk whale that purchased 45 NFTs over one...
The NFT sky isn't falling, folks. Quite the opposite, in fact. The pixelated crypto-collectible CryptoPunks has finally met its match. Believe me, it’s a blessing to the digital ecosystem as a whole and opening up a thousand wildly weird creative new initiatives. Cut past the front-page headlines shouting about a...
The numbers don't lie, folks. NFT sales are down 4.7%. CryptoPunks, the avatars that dominated the NFT landscape, have experienced a shocking decline. Their sales have tanked by an incredible 80.5%. Before you Ethereum maximalists go rounding up the torches and pitchforks, let’s examine this a bit more closely. While...
CryptoPunks, arguably the most famous NFT collection on the Ethereum blockchain, is now at the center of an intricate bear market trend. Though sales numbers may be down, a somewhat opposite wave of activity on the market shows that enthusiasm for this collection continues. Individual CryptoPunks NFTs are still selling...
