Summary
- It was reported that the weekly trading volume of the flagship blue-chip NFT CryptoPunks reached $24.6 million, its highest since March 2024.
- This trading volume represents a steep 416% surge compared to the previous week.
- Along with soaring demand, the CryptoPunks floor price also rose from 40ETH to 47.5ETH.
The non-fungible token (NFT) market appears to be back in the spotlight.
On the 28th (local time), The Block, a crypto-focused media outlet, reported that the weekly trading volume of the flagship blue-chip NFT CryptoPunks reached $24.6 million (about ₩3.4 billion), its highest since March 2024. This marks a sharp 416% increase from the previous week.
The outlet analyzed that "this surge is attributed to GameSquare issuing approximately $5.15 million in preferred stock to purchase the rare NFT 'Punk #5577.'"
As demand soared, the CryptoPunks floor price also surged from 40ETH to 47.5ETH.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.!["Will AI take our jobs?" Fear spreads…market rattled by a plunge in shares [New York Market Briefing]](https://media.bloomingbit.io/PROD/news/874408f1-9479-48bb-a255-59db87b321bd.webp?w=250)
