CryptoPunks were launched in 2017, but it is not until the strong explosion of NFT that takes place in 2021 that they really reach their full potential. However, the booming of NFT as well as cryptocurrency is identified based on the free time when COVID19 happened. That's why people wonder if, after the pandemic is over, CryptoPunks will still retain their value, and if so, how long will it last? In order to figure out the answer to this question, let’s go with Builder.news research about CryptoPunks as well as their influence.&nbsp;<h2>General idea about CryptoPunks</h2><h3>What are CryptoPunks?</h3><img src="https://cdn.builder.news/news/11ed1977f29b10e1a8e6023f659fee92.jpg" alt="cryptopunks nft collection" title="cryptopunks nft" width="600" height="173" class="lykafe0">CryptoPunks NFT are a collection of 10,000 one-of-a-kind digital collectible characters that are stored on the Ethereum blockchain. Each item in the collection is a 24x24 pixel, 8-bit portrait with its own set of characteristics and traits.CryptoPunks, which debuted in June 2017 by Larva Labs, were free for anyone with an Ethereum wallet who was prepared to pay a little minting charge. However, four years later, in 2021, when NFTs turned out to be a trend in buying and selling digital assets, CryptoPunks took the the right timing and became an NFT legend whose value upto millions of dollars.&nbsp;Currently, the cheapest CryptoPunk available for transactions is CryptoPunk 7897 which is for sale for $388,418. If you are interested in buying one, there are only 9,000 Punks that are tradable on its website or popular marketplace such as OpenSea. The rest also the premium Punks are owned by Larva Labs’ development team.&nbsp;<h3>Different types of CryptoPunks</h3>CryptoPunks are digital avatars which are divided into five fundamental categories, including: female, male, alien, zombie, and ape.&nbsp;In the collection, Male Punks and Female Punks account for nearly 98%, with 6,039 avatars for the former and 3,840 for the latter. As a result, they are less desired in the Punk market. Meanwhile Zombie Punks and Ape Punks are strongly hunted as their rarity, which is 24 and 88 members each respectively. And, Alien Punks, which are light-blue, just have 9 slots in the collection, so they are on the most expensive Punk list.<h3>CryptoPunks attributes</h3>All of these punks may have different characteristics or accessories, in NFTs vocabulary, they are attributes. These characteristics are crucial in making a CryptoPunk rare and increasing its value because it makes punk become unique. Actually, a punk can have no more than seven qualities and there are punks that have no traits at all. More attributes can also create an exorbitant Punk, but surprisingly, a no-traits Punk can do the same thing.&nbsp;For example, CryptoPunk #8348 is the only 7-traits NFT in the collection. The traits include a buck-toothed Punk, a large beard, a mole, a cigarette, traditional sunglasses, earrings, and a top hat. It had just been offered for sale for 60,000 ETH ($171.87 milion). In addition, there are only 8 punks which have no attributes at all. Punk number 6487, for example, is a female punk with no qualities. It is known as Genesis Punks because its price belongs to its scarcity, not attributes. In fact, Punk number 6487, which had no qualities, was sold for $1.05 million!<h3>CryptoPunks and its ceaseless heat&nbsp;</h3><img src="https://cdn.builder.news/news/11ed1977f29b2386a8e6023f659fee92.jpg" alt="CryptoPunks and Tiffany &amp; Co" title="CryptoPunks and Tiffany &amp; Co" width="600" height="362" class="lykafe1">On August 1st, 2022, Tiffany &amp; Co., which is known as the most luxurious brand, announced that they will launch an exclusive NFT collection, which offers Punk holders a particular benefit. In detail, NFTiffs is the collection that consists of 250 digital passes and it allows anyone to purchase. Holders of CryptoPunk, however, can exchange their NFT for a unique jewelry experience. Punk owners have the option of choosing to acquire a bespoke pendant and an NFT digital piece of art that mimics the finished piece of jewelry after making a purchase. These were created by the business's own artisans and were inspired by the Punks NFT collection.This collaboration demonstrates not only the growing trend of CryptoPunk in many industries, but also the immense value it brings. Besides, the CryptoPunks price also significantly rose through this collaboration when the trading volume of CryptoPunks witnessed a surge by 1,847% and over 1,226.68 ETH worth of Punk NFTs were traded over the 24 hours following the launch of Tiffany &amp; Co.'s own NFT line.<h2>What makes CryptoPunks special?</h2>CryptoPunks' collection had its own advantage of being a first-mover in non-fungible tokens field as well as meeting its right time to become one of the most precious collections after all. Even far-fetched names in different sectors have also engaged their names with CryptoPunks, which generates win-win values. Images with an odd design can make the cryptocurrency change its market preference and create a new wave where users update their avatar with NFTs, so what makes CryptoPunks so exceptional?First of all, CryptoPunks was one of the first NFT collections to successfully transition from internet forums to major auction houses. To many NFT enthusiasts, the collection represents the genuine beginning of the NFT movement as well as a revolution in the public's perspective of digital ownership. Being one of the first NFT initiatives on the Ethereum blockchain, CryptoPunks set the path for newer collections to come onto the scene.Besides, the intrinsic value of NFTs will go up or down depending on their scarcity, and the intrinsic value of individual NFT collections will vary appropriately. And CryptoPunks is the source for everyone to understand that the core value of NFT lies in their uniqueness and rarity.In addition, CryptoPunks not only bring a high value to finance but also support the humanities. In the war efforts against Russia, CryptoPunk #5364 was donated to the Ukrainian cryptocurrency fund. This NFT was sold to an unknown bidder for 90 ETH, which was around $100,000 at the time. The Punk was evaluated to be worth as much as $260,000 when it was first given to Ukraine’s Ethereum wallet in March, 2022 before the price of ETH began to drop significantly.Finally, the community is the main factor that gives special value to CryptoPunks. It creates a community that really desires their value and willingness to invest in it. It is the loyalty and ever-expanding community that make it so successful. A reason why CryptoPunks is special is that it proves that a set of NFTs that want to grow sustainably needs a passionate community.<h2>Top valuable CryptoPunks on the market</h2>In terms of price, CryptoPunks' price will depend on its type and attributes. The more rare types and unpopular attributes, the higher the price for sale.#1. CryptoPunk 7523 - $11.75 million<img src="https://cdn.builder.news/news/11ed1977f29b2741a8e6023f659fee92.jpg" alt="CryptoPunk 7523" title="CryptoPunk 7523" width="600" height="613" class="lykafe2">CryptoPunk 7523 is the most expensive CryptoPunk NFT ever sold. It was sold for $11.75 million at Sotheby’s. Unsurprisingly, 7523 is another ultra-rare Alien punk which owns three attributes, including: a knitted cap, a gold earring, and a face mask. CryptoPunk 7523 is the only alien punk who wears a face mask, which is the main reason for his high value.The NFT punk was bought by Israeli entrepreneur Shalom Meckenzie, the largest shareholder of DraftKings, a major digital sports firm. Before belonging to Meckenzie, CryptoPunk 7523 was sold for $1,646 on July 10th, 2017. It has not been listed for sale by its owner right now.#2. CryptoPunk 3100 - $7.67 million<img src="https://cdn.builder.news/news/11ed1977f29b2adba8e6023f659fee92.jpg" alt="CryptoPunk 3100" title="CryptoPunk 3100" width="600" height="631" class="lykafe3">In March 2021, CryptoPunk 3100 was purchased for $7.67 million after being sold for $2,127 in July 2017. 3100 is also an Aline punk, but unlike 7523, it just wears a single attribute, which is a blue and white headband. And among the 9 Aline punks, just one owns this accessory.CryptoPunk 3100 is owned by address 0x7b8961 after being sold twice on July 6th, 2017 and March 11th, 2021. This punk is currently for sale by the owner for 35,000 ETH ($65,944,200.00 USD) and has no accepted bid.#3. CryptoPunk 7804 - $7.56 million<img src="https://cdn.builder.news/news/11ed1977f29b2dcea8e6023f659fee92.jpg" alt="CryptoPunk 7804" title="CryptoPunk 7804" width="608" height="570" class="lykafe4">The sale of CryptoPunk 7804 in March 2021 created a new industry record at that time, with the $7.56 million price tag breaking previous NFT highs. This exceedingly uncommon CryptoPunk NFT is one of nine alien CryptoPunks in the collection and has three attributes, including: a cap forward, a pipe, and small shades.&nbsp;CryptoPunk was sold for $14,988 on January 10th, 2018 before being bought by Dylan Field, CEO of Figma. And now, this punk is currently for sale for 9421 ETH ($17,771,943.27 USD).&nbsp;#4. CryptoPunk 5217 - $5.59 million<img src="https://cdn.builder.news/news/11ed1977f29b32f3a8e6023f659fee92.jpg" alt="CryptoPunk 5217" title="CryptoPunk 5217" width="600" height="719" class="lykafe5">CryptoPunk 5217, which sold for $5.59 on July 30th, 2021 million , is one of just 24 ape punks to reach such a high price at auction, with only two attributes. This punk wears a knitted cap and a gold chain. CryptoPunk 5217 is ranked #34 in this category of NFTs by Rarity Tools, with an overall rarity score of 929.26.A Larva Labs account holder with the login manhoos.eth has bid on CryptoPunk 5217, but the existing owner is unlikely to accept. The bid is for 0.10 Ethereum, which is around $410 in conventional money. In the past, CryptoPunk 5217 was sold for $1,884 on 26th December 2017.#5. CryptoPunk 7252 - $5.33 million<img src="https://cdn.builder.news/news/11ed1977f29b3689a8e6023f659fee92.jpg" alt="CryptoPunk 7252" title="CryptoPunk 7252" width="600" height="594" class="lykafe6">The value of this red-haired, earring-and-chin strap wearing crypto zombie punk more than quadrupled in less than a month, going from $2.53 million on August 4 to $5.33 million on August 24. This remarkable increase in NFT pricing propelled CryptoPunk 7252 into the public eye on a global scale, making it the fourth most valuable CryptoPunk at the time.Currently, CryptoPunk 7252 has not been listed for sale by its owner and has received no bids.<h2>What the future looks like for CryptoPunks?&nbsp;</h2>Due to the rise in demand for collectibles brought on by the COVID-19 outbreak as well as the growing popularity of cryptocurrencies and other blockchain initiatives, CryptoPunks benefited. It was the ideal conditions for prices to surge. However, after going through a pandemic period, whether this demand will continue to rise or whether it has reached a peak is unclear.Or in the future, since some CryptoPunks have been put up for sale at Christie's and Sotheby's, it's likely that they may transition from being comparatively niche collectors' items to popular art. That may attract further bids for the well-liked NFTs.In other words, the demand for NFTs may already be at its peak. However, even if the market as a whole isn't as lucrative as it once was, some CryptoPunks with highly desirable qualities may still maintain or increase in value.<h2>FAQs</h2><ol><li>&nbsp;Who are celeb own cryptopunks?</li></ol>There are many celebrities into CryptoPunks and own it, such as: Jay-Z (Shawn Carter) bought Punk 6095, Odell Beckham Jr. owns Punk 3365, Serena Williams was given Punk 2950 from her husband, and more.&nbsp;<ol start="2"><li>How to buy CryptoPunk NFTs?</li></ol>You can buy CryptoPunk NFT through Larva Lab’s official website or OpenSea NFT marketplace. Then, directly connect your wallet with the platform and don’t forget to add ETH to do transactions.&nbsp;Remember not to hurry and immediately pay the stated price while purchasing CryptoPunks. You might also place a lesser bid than what is stated and just hope that you will end up paying less than what was originally listed. Some NFT markets also provide cheaper NFTs with a similar punk aesthetic to CryptoPunk.<div class="pr-block-special">Disclaimer: This article is intended for and only to be used for reference purposes only. No such information provided constitutes advice or a recommendation that any investment or trading strategy is suitable for any specific name.</div>

CryptoPunks were the talk of the town in 2021, when the whole world witnessed the booming of NFT. How long will the glory last? Several years or last forever? Let's find the answer in this article! 

CryptoPunks NFT - Will the glory that started in 2021 last forever?