CryptoPunks Shatter $200K Floor in Stunning NFT Comeback—First Time Since 2024

NFT winter? Not for CryptoPunks. The pixelated blue-chips just bulldozed past $200K—marking their highest floor price in over a year.
What’s fueling the rally? A mix of crypto’s broader rebound and collectors doubling down on ‘digital Picassos’ while traditional art markets flatline. (Turns out JPEGs don’t need insurance or climate-controlled storage.)
Key drivers:
- Ethereum’s recent surge injecting liquidity into NFT ecosystems
- Whales accumulating Punks as ‘legacy’ status symbols
- Speculators flipping apes… I mean Punks… faster than a Sotheby’s auctioneer
Cynical take: Nothing says ‘healthy market’ like six-figure cartoon avatars outperforming your 401(k).