Popular non-fungible token (NFT) collection CryptoPunks has seen a significant increase in sales volume over the past month despite the downturn in the broader NFT market.
Over the past 30 days, CryptoPunks has recorded over USD 63m in sales volume, up by around 112%, according to NFT data aggregator DappRadar. The collection's floor price and market capitalization have also seen an uptick, rising by around 192% and 96%, respectively.
The renewed interest in CryptoPunks comes as the collection managed to attract attention with major sales. Last week, an NFT of this category sold for ETH 2,500, worth USD 3.78m at current rates, while another one sold for ETH 2,691 (USD 4m), marking the largest NFT sale of the last 30 days across the entire market.
Meanwhile, other blue-chip NFT collections have not been as lucky as CryptoPunks.
Yuga Labs' Bored Ape Yacht Club (BAYC), Otherdeed, and Mutant Ape Yacht Club (MAYC) have seen significant drops in sales volumes over the past month, of...
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