
About NFT
The CryptoPunks — a collection of non-fungible tokens (NFTs) from the beginning of time, which in the case of the crypto world is 2017 — has been ballooning in value over the last one month. It raked in over $100 million in sales volume over the last 24 hours, according to Larva Labs, the powerhouse behind CryptoPunks.
And today, on August 24, one Zombie CryptoPunk sold for 1,600 Ether (ETH), which comes up to a massive $5.3 million. The CryptoPunk, officially dubbed #7252, is now the fourth most valuable CryptoPunk on the market and the highest ranking in the Zombie category.
The seller behind the transaction got back more than double what he originally paid for NFT — $2.5 million.