Cryptopunchs NFT Overview and Data Analysis

Author: Stella@footprint.network, compile: cici@footprint.network, data source: cryptopunks nft collecting dashboard

Cryptopunks was launched in 2017 and is a pioneer of the NFT boom. It has 10,000 unique characters. These characters have become a sign of the world of digital collection.Will this NFT project renovate in 2024?

About Cryptopunks

Cryptopunks is a pioneer in the field of digital collection and is unique in the NFT market.Cryptopunks was launched in mid -2017. They are not only pixel art, they are also a cultural phenomenon. Each character has a unique personality and is deployed on the Ethereum chain.

Cryptopunks initially provided those who had Ethereum wallets for free, and soon they were snapped up, showing their high popularity.Today, they are traded as precious digital collections, and their NFT trading market has facilitated ownership transfer and sales.As a project that promotes encrypted art movement, Cryptopunks not only triggers creative revival, but also laid the foundation for the ERC-721 standard. This standard has become the cornerstone of NFT innovation.

Cryptopunchs NFT series

Cryptopunks behind the scenes

The iconic Cryptopunks NFT series is the creativity of John Watkinson, a Canadian software developer Matt Hall, from Larva Labs.The series was launched in June 2017. At the beginning, it was only an attempt to generate art. Soon 10,000 unique characters were recognized by Ethereum enthusiasts.As Cryptopunks became more and more popular, it attracted the attention of Yuga Labs. Later, it was acquired by Yuga Labs. At the same time, it was also acquired by Larva Labs project Meebits.The acquisition of Yuga Labs has changed the rules of the game, giving community business rights, and cultivating a more powerful ecosystem around these digital collectibles.

Yuga Labs’s acquisition not only marks the new chapter of Cryptopunks, but also the inheritance of Hall and Watkinson’s creation.Their vision and innovation methods of NFT laid the foundation for community -driven models. This model later became the benchmark for the NFT field.

Cryptopunchs NFT series data

In the rapidly changing Web3 world, understanding the non -homogeneous token (NFT) is like exploring a vast and unknown ocean.Data analysis is a tool to help all relevant personnel find directions, such as collectors, investors and creators.It realizes this by carefully viewing transaction records, ownership conversion, price changes, and interaction between users and NFT.This information helps people make wise choices, avoid risks, and find new opportunities in the NFT market.

Having such a guide is essential for maintaining the correct direction in the changing NFT field.It helps to make synchronization with the market to ensure that no one is lost in the huge NFT data.

  • NFT market trend

The NFT market is a dynamic ecosystem, and the data indicator is like a barometer that measures its changing context.The key indicators such as market value, transaction volume, floor price, and activity of the trading market analyze the health status and growth potential of the field for us.

Those investors who can grasp the market trend can predict the trend, manage investment risks, and discover hidden opportunities.These data are very important. It is the basis for wise investment plans and is also a defense line against the undulating NFT market.

Source: Cryptopunchs NFTS -Market Cap, Volume and Floor Price

According to the NFT data provided by Footprint Analytics, the floor price and market value of Cryptopunks have increased significantly.This NFT project stands out with its powerful framework and thrives in many of his peers.

  • User behavior

In the field of NFT, user behavior data, such as total sales, total number of buyers and sellers, unique holders, and daily transactions, provides micro -views of user behavior.Daily sales, transaction volume, and fluctuations of the number of holders, sellers and buyers provide real -time insights for market pulse.

Analyze these user behavior data so that NFT participants have a deeper understanding of market emotions and participants’ activities.It can identify the trend of purchasing peak hours, the transformation of the holder’s emotions, and the emergence of buying and selling pressure.By using these intelligence, investors and creators can improve their strategies, keep them consistent with market demand, and maintain a leading lead in the changing NFT world.

Source: Cryptopunchs NFTS -DAILY HOLDERS, Sellers and Buyers

The latest NFT data of Footprint Analytics shows that as of January 15, 2024, the number of Cryptopunks NFT holders has stabilized at about 3,600.At present, the ratio of supply and holders is 2.74.

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