Here’s why this rare CryptoPunk NFT sold for $115,296 in ETH:

CryptoPunks, a collection of computer-generated art, was one of the first NFTs for digital art programmes. There are only about 10,000 Punks left in the world, and some of them are said to have gone away for good.

What happened was that CryptoPunk # 4715 was sold for 81.95 ETH/USD (USD 115,296) not long ago. CryptoPunks are often valued based on their traits, with the hoodie, beanie, and pilot helmet traits being the most sought-after. Other types of punks, like zombies, apes, and aliens, are very rare and also sell for a lot of money.

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Here is a list of its features and how many other punks also have each one:

Male-like (6,039)
A frown is an extra (261)
As an Extra, a Knitted Cap (419)
Accessories: Two Goods (3,279)
What’s on the Line: A cryptopunk is the best first card for NFT collectors. In 2021, CryptoPunks got a lot of attention because several famous people proudly claimed to be part of the subculture on Twitter. The fact that people are willing to pay a lot of money for blockchain-based art shows that the NFT industry as a whole is doing well.
Sale Price: Ethereum costs $1,662.25 right now, which is 0.69 percent more than it was a day ago.