CryptoPunk Sales Surge ~900% Following Tiffany & Co. NFT Announcement

Sir Coopernicus

A number of large purchases have pumped CryptoPunks sales volume by ~900%, bringing it to the #1 collection across all NFTs over the last 24 hours.

This comes on the back of the announcement by Tiffany & Co. that the company is launching a dedicated NFT collection called NFTiff, which is set to drop on August 5th. CryptoPunk holders will exclusively have the opportunity purchase a bespoke pendant for 30 ETH, handcrafted by Tiffany & Co artisans in addition to receiving an NFT version of the pendant.

It took only 4 sales to propel CryptoPunks up the list, which has been in the number two spot over the past 30 days already. Each sale over the last 24 hours have been above 60 ETH, with the highest being 600 ETH or approximately $513,000. A total of $2.67M in sales have been conducted.

Source: CryptoSlam