The Cheapest CryptoPunk? Over $100,000 in Ethereum!
The entry point into the exclusive CryptoPunks world just got a whole lot pricier. As of this morning, the cheapest CryptoPunk listed on secondary markets costs more than $100,000 worth of ETH. First spotted by crypto analytics firm DappRadar, the bar for owning one of these iconic NFTs has officially crossed a significant threshold.
CryptoPunks: More Than Just Pixel Art
CryptoPunks are a groundbreaking NFT project of 10,000 punk-inspired, unique, algorithmically generated pixel art characters on the Ethereum blockchain. Created by Larva Labs, these digital collectibles have become a symbol of the early NFT movement and a sought-after asset for collectors and investors alike.
Why the Price Surge?
The rising Punks price comes following increased demand and scarcity. These factors, coupled with their historical significance in the NFT space, contribute to their enduring value. In July, the top 10 most expensive NFTs were CryptoPunks. The rarest of these was sold for a whopping $5.47 million!
How to Buy a CryptoPunk (If You Dare!)
So, you're ready to dive in? To buy a CryptoPunk NFT, you need an Ethereum-compatible wallet (e.g, MetaMask) and a lot of Ether (ETH). You could buy ETH on a centralized crypto exchange like Coinbase or Binance. However, with the cheapest-available CryptoPunks NFT now listed above $100,000, topping that mark for the first time in two months, prepare for a significant investment.
Fractional Ownership: $PUNK Tokens
Can't afford a whole Punk? Fractional CryptoPunks allows you to buy $PUNK tokens through 0x Protocol aggregated liquidity sources. $PUNK token is backed by real CryptoPunks in the NFTX Vault, and 1 $PUNK token represents a fraction of an underlying CryptoPunk. This offers a more accessible entry point for those interested in participating in the CryptoPunks ecosystem.
The Future of Punks
With prominent figures like Gary Vaynerchuk, a prolific investor, and social media personality, holding and promoting CryptoPunks, their popularity and value are likely to remain strong. Whether you see them as art, an investment, or a status symbol, CryptoPunks are undoubtedly a significant part of the NFT landscape, even with a hefty price tag. The price quoted is relevant on 10 de sept. de 2025.