CryptoPunks, a 10,000-strong collection of Ethereum-based NFTs, today surpassed $1 billion in sales, according to NFT aggregation site CryptoSlam.io.
That makes CryptoPunks the second NFT project to hit the billion-dollar mark after NFT game Axie Infinity surpassed that level on August 8. The game has amassed a total trading volume of $1.6 billion so far.
Axie Infinity Becomes Ethereum’s First NFT Game to Hit $1 Billion in Sales
The Punks are now so valuable that the cheapest one sells for $445,000. And prices are rising, fast: just yesterday, the floor price for a single CryptoPunk was $345,000.
Some Punks are rarer than others, and each commands different prices; the algorithm that generated the collection four years ago assigned different attributes to each Punk. For instance, some smoke cigarettes, some are zombies and others are aliens.
The Punks were created in 2017 by Larva Labs, a software company run by Brooklyn-based developers Matt Hall and John Watkinson. The pair initially
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