Tag: cryptopunks

The NFT market is going through a natural correction, with total sales volume dropping significantly. CryptoPunks, arguably the most famous of the NFT collections that now litter the Ethereum blockchain, has taken a heavy hit. CryptoPunks sales volume has tanked by 80.5% from last week. It currently has a floor...

The NFT space, or Non-Fungible Tokens, has taken the world by storm in recent years, offering exciting new opportunities for investors and creators. While this digital gold rush may be tempting, it comes with a nuanced myriad of tax consequences. This is something that most people are only beginning to...

The NFT market, once a lively frontier of digital assets, has recently begun to cool. Token ATH! Token ATH! is your backstage pass to the wild, wild world of crypto. An inciting incident, like the recent sale of CryptoPunk #3100 at a significant loss, has triggered concerns around the long-term...

Thus, CryptoPunk #3100 was flipped for a $10 million loss. Instead of thinking through this development, headlines scream “NFT crash!” “The end is nigh!” Let's pump the brakes. This isn’t a eulogy for NFTs, but rather a long-overdue, free market smack upside the head. Think of it like this: remember...

Alright, now let’s break down this CryptoPunk #3100 sale. $10 million gone. Vanished. Poof. It would be easy to blow it off as business as usual in the wild west of crypto. It does indeed seem like an early warning canary in a coal mine. A very expensive, pixelated canary....

The recent sale of CryptoPunk #3100 incurred a loss of almost $10 million for the seller. The sale highlights the volatile nature of NFT investments, particularly when tied to the fluctuating value of cryptocurrencies like Ethereum (ETH). The shocking loss comes as a result of ETH’s value crashing quickly. This...

The world of NFTs, formerly a symbol of digital creativity and highly profitable speculation, has recently faced its own stormy seas. Token ATH! keeps a finger on crypto’s pulse, diving deep into the heart of the blockchain world to dissect recent events and offer insights without the fluff. The recent...

Somebody just made $10 million on a CryptoPunk disappear. Let's be clear: while I might feel a tiny sliver of sympathy, the bigger picture is far more important than one person's misfortune. This isn’t an unfortunate trade deal gone wrong, it’s the entire game rigged against American workers. This particular...