CryptoPunk NFT, Once Bought for $16M, Sold for $10M Loss

Posted by PaulHoule on Monday April 21, 2025 @09:49PM
from the coindesk.com dept.

https://www.coindesk.com/markets/2025/04/11/cryptopunk-nft-once-bought-for-usd16m-sold-for-usd10m-loss

( 3 comments | 2 points | on HN )

Re:CryptoPunk NFT, Once Bought for $16M, Sold for $10M Loss by nofalsescotsman on Monday April 21, 2025 @10:07PM (#43758455)

NFTs really are the beanie babies for tech bros.

[ Parent | on HN ]

Re:CryptoPunk NFT, Once Bought for $16M, Sold for $10M Loss by PaulHoule on Monday April 21, 2025 @10:52PM (#43758670)

The thing is that most of the people who bought NFTs high haven’t sold them hoping the market would recover so the last sale prices have been unrealistically high.

[ Parent | on HN ]

Re:CryptoPunk NFT, Once Bought for $16M, Sold for $10M Loss by aurareturn on Tuesday April 22, 2025 @01:39AM (#43759351)

  tech bros.

Is it really tech bros? I think NFTs were beanie babies for any grifters.

[ Parent | on HN ]