CryptoPunks Dominates NFT Market with $235,000 ETH Cap


  • The NFTs’ market capitalization added 1.50% intraday, reaching $67.71 Billion.
  • According to data, CryptoPunks #6345 became the most costly NFT sold for 41.00 ETH. 
  • JOYWORLDS JOYs has a floor price of 111.00 ETH, followed by Autoglyphs at 105.00 ETH.   

Following the cryptocurrency market boom at the beginning of 2022, NFTs evolved as one of the most significant blockchain-based projects. However, the NFT category has gathered the slightest interest from digital assets enthusiasts in the past few months. 

It is largely claimed that the Ethereum blockchain has played a significant role in shaping and boosting the NFT market. 

According to Forbes’ data, the NFTs’ market capitalization added 1.50% intraday, reaching $67.71 Billion. Notably, a change of +99.08% is seen in the 24-hour trading volume of CryptoPunks (PUNK). 

At the same time, a surge of 41.56% is observed in the Pudgy Penguins (PPG) trading volume, reaching $926.86k. Despite this addition, Milady Maker’s (MIL) intraday volume bled – 47.07%. 

In terms of market capitalization, CryptoPunks holds the first rank with a market cap of 235,000 ETH, followed by Bored Ape Yacht Club with 119,700 ETH. Portal by Jeff  Davis is the NFT with a high floor price of 120.00 ETH.  

JOYWORLDS JOYs has a floor price of 111.00 ETH, followed by Autoglyphs at 105.00 ETH.   

Top Intraday NFT Sales 

In the past 24 hours, CryptoPunks #6345 became the most costly NFT sold for 41.00 ETH; it includes items three attributes: Black Lipstick, Wild White Hair and  Welding Goggles, and others. 

At the same time, CryptoPunks #6949 became the second most expensive NFT bought by rockefellercap(dot)eth for 33.33 ETH ($88593 as of writing). It has a rarity index of #9999 and 4 attributes: 2 attributes, Cigarette, Earring, Male.

Other Crypto Market News  

A crypto research firm reported that an unknown crypto wallet holder continues to buy wrapped bitcoin, WBTC.  Additionally, the whale has acquired WBTCs for the last few weeks and has deposited more than $118 M. 

On August 19, 2024, Arkham Intelligence noted that the co-founder of Ethereum had transferred 400 Ethereum to Railgun—this transaction of 400 ETH totals 660 ETH transferred to this crypto mixer. 

Crypto Market Price Update 

In the past 24 hours, the crypto market capitalization reached $2.14 Trillion, adding 4.10%. The boost in the market cap is likely to be backed by the surging trading volume of digital assets globally. 

For the past few hours, Bitcoin price has been tumbling between $59k to $61k; when writing, it was trading at $60,751. BTC trading volume reflects bulls’ dominance, which might act as the catalyst for $62k, the nearest resistance. 

Ethereum is the second most prominent crypto in terms of market capitalization. In the past few hours, ETH price reflected major bullish sentiments, crossing the mark of $2,600. 





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