🚀 NFT History: Does the Digital Collectibles World Have Its Own Bitcoin?
Assalamu Alaikum
Hi friends, how are you all? Hope everyone is doing well.
So today we will try to know a very important and interesting topic,
We all know that Bitcoin is called the king in the history of crypto currency.
So now a question may arise in all of us, like Bitcoin, the king of cryptocurrencies, such as its market cap is higher, volume is higher, popularity is higher, etc.
So is there anything as popular as Bitcoin in the NFT world?
Yes, there is.
Today we will know who is the Bitcoin of the NFT world,
CryptoPunks collection is the Bitcoin of the NFTNFT world.
So today I will discuss about CryptoPunk Collection.
So first of all, let's know about CryptoPunks, it is a famous collection that was launched in 2017. And this collection has ten thousand unique digital characters.
Image Genarated By ChatGPT
What is the current price of CryptoPunks?
The lowest priced NFT of CryptoPunks is Floor Price: 30.69 ETH or $71,289.
And their Collection marketCap is estimated at $712 million.
They have a total of ten thousand CryptoPunks NFTs.
How much is the record sale?
After much research, I found out that CryptoPunk #5822 in their collection was sold for $23.7 million, which is the highest price sold in their collection and even their record.
This NFT was sold on February 12, 2022.
Its feature was a blue Alien character with a blue bandana on his head.
Image Genarated By ChatGPT
Why is CryptoPunks so valuable?
First of all, this question can come to everyone, so today we will also know,
Basically, it is one of the oldest and most influential NFT projects of 2017.
In particular, the designs of each of their characters are different. They also have a special identity in NFT history.
And basically, the interest of collectors and the market demand have a significant impact on the price of their Collection NFTs.
Why do people buy such NFTs at such a high price?
These NFTs are bought by different people with different plans,
For example, some people buy them just as a hobby or to gift them to someone.
Some people buy them in the hope that their price will increase in the future.
Some people buy them in the hope of a market movement,
Some people buy them to stay connected with that community.
In fact, we often see that art by different artists is sold for crores of taka at auctions.
Now many people of the same type buy it as a hobby.
Last thing-
If you were asked to buy an NFT for so much money, what would you buy?
And why would you buy it? If not, why not? You must tell that in the comments.
So everyone, be well, I'm ending it here.
