Also the volume of trade of these NFT returns to last year levels.
Gamesquare announced intentions to buy these NFT, which gave them visibility again.
The non -fungible tokens market (NFT) experiences a new boom with the rebound of Cryptopunks, whose collection has registered a 30% price increase in the last month, reaching an average value of 53 ETH, equivalent to $ 202,000.
This price level, which was not seen since March 2024, reflects a renewed interest in these unique digital assets, accompanied by a volume of commerce which also recovers last year’s levels.
The following graphic, provided by the Coingcko platform, shows the base price of the tokens of this collection during the last 12 months:
The spark that has driven this trend comes from Gamesquare (Game), a media, entertainment and technology company, which acquired The Cryptopunk Cowboy APER #5577 for 5 million dollars.
The company stressed that This purchase represents its first direct investment in an NFT, marking a milestone in its brand and treasury strategywith which it seeks an annualized profitability of between 6% and 10% in Stablecoins.
Cryptopunks, created in 2017 by the firm Larva Labs under the direction of Matt Hall and John Watkinson, are an iconic 10,000 NFT collection that include images of humans, zombies, aliens and apes.
Each piece is a unique asset with copyright, which guarantees its exclusivity in the Ethereum Network. Initially distributed for free, These collectibles have become one of the most influential NFT collections In history, consolidating its value in the current market.
In addition, Gamesquare has reinforced his presence in the cryptocurrency sector by recently acquired 12,913 ETH for his corporate treasury, as cryptooticies reported.
The plan contemplates between 8% and 14% annual yield on ETH funds, well above the current Staking average of Ethereum, which is around 3% or 4%.
