Punk NFT Sold For +$16M In 2024, Resells For Just $6M
The global non-fungible token market continues feeling the wrath of trade wars, started by the United States President Donald Trump and retaliated by other regions, including the European Union and Asia. An anonymous NFT investor in perfect testament to the mess created by the Trump tariff, among other factors, after selling his Punk NFT for just $6 million, losing $10 million in value. This NFT investor bought his CryptoPunks NFT collection for $16 million in 2024. 1▹ Crypto Markets Feel the Heat from Trump’s Tariffs! Since Trump’s inauguration on Jan 20, crypto markets have faced pressure. • $BTC -26% • $ETH -54.6% • $SOL -61.1% • $DOGE -62.6% Tariffs are impacting all markets! pic.twitter.com/F0HbmNnmQ6 — FinChain (@Defi_FinChain) April 7, 2025 Punks #3100 Sells For $6 Million In an April 10 blog post, CryptoPunks Bot, an analytic X account tracking the sales and bids of CryptoPunks non-fungible token collections, confirmed that Cr...