100s of titles, one news app for just $10 a month.
Latest Business news:
ASX rebounds as Wall Street extends losses, S&P 500 inches closer to bear market
The Australian share market jumps in morning trade, despite another volatile day on Wall Street as investors weighed up the…
Read news from The Economist, FT, Bloomberg and more, with one subscription
Learn More
Australia's housing crisis could be tackled by taking inspiration from Scotland, industry leaders say
Scotland plans to deliver more affordable housing, tackle high rents and decarbonise homes while creating jobs, while in Australia a…
China’s Stimulus Tops $5 Trillion as Covid Zero Batters Economy
China’s plans to bolster growth as Covid outbreaks and lockdowns crush activity will see a whopping $5.3 trillion pumped into…
For tech startups, the party is over
Funding is suddenly scarce as venture capital firms grow stingy, forcing young companies to get frugal and focus on breaking…
Upstate New York becomes hotbed for cryptocurrency mining. It might not last.
Environmentalists and some public officials contend the conversion of fossil-fuel power plants to crypto mining will make it hard to…
From analysis to good news, read the world’s best news in one place
Is Elon Musk getting cold feet? Why the entrepreneur may be trying to pull out of buying Twitter
Has Elon Musk developed cold feet? Is he experiencing buyer’s remorse? Or is he trying to create drama for the…
Global economy loses $1.6 trillion as world struggles to avoid a new cold war
LONDON: The ties that bind the global economy together, and delivered goods in abundance across the world, are unravelling at…

CryptoPunk #4162 Sold For 55 ETH

By Benzinga Insights

CryptoPunks are a generative art collection, and one of the first ever applications of NFTs for digital art. There are only 10,000 Punks in existence, and some of them are thought to be lost forever.

What happened: CryptoPunk #4162 just sold for 55.00 ETH (CRYPTO: ETH) ($113,602 USD). The value of CryptoPunks is typically determined by Punk's attributes, with the hoodie, beanie, and pilot helmet traits being the most coveted. Other species of Punks (Zombies, Apes and Aliens) are incredibly rare and also sell for a premium.

Here are a list of its attributes and how many other Punks have the same trait:

  • Type: Male (6,039)
  • Accessory: Horned Rim Glasses (535)
  • Accessory: Earring (2,459)
  • Accessory: Do-Rag (300)
  • Accessory: Front Beard (273)
  • Accessory: 4 Attributes (850)

Why it Matters: Cryptopunks are the ultimate rookie card for NFT collectors. CryptoPunks have earned huge influence in 2021, with dozens of Celebrities proudly showing off their punk ownership on Twitter. Cryptopunk sales are a leading indicator for the rest of the NFT market, and go to show that some are willing to spend serious coin on blockchain based art.

Price Action: Ethereum is currently trading at $2,065.50, up 6.11% over the past 24 hours.

See Also: NFT Release Calendar and Best NFT Projects of 2021

Data provided by OpenSea.

Checkout the full cryptopunk collection

You can learn more about this NFT here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

What is inkl?
The world’s most important news, from 100+ trusted global sources, in one place.
Morning Edition
Your daily
news overview

Morning Edition ensures you start your day well informed.

No paywalls, no clickbait, no ads
Enjoy beautiful reading

Content is only half the story. The world's best news experience is free from distraction: ad-free, clickbait-free, and beautifully designed.

Expert Curation
The news you need to know

Stories are ranked by proprietary algorithms based on importance and curated by real news journalists to ensure that you receive the most important stories as they break.