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Punk is on the rise this week.

The price of Punk has risen by 100.00% in the past 7 days. The price increased by 100.00% in the last 24 hours. In just the past hour, the price grew by 100.00%. The current price is $49,053.87 per PUNK. The new price represents a new all time high of $49,053.87.


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What is Punk (PUNK)?

Punk (PUNK) is a non-fungible token (NFT) with proof of ownership built on the Ethereum blockchain. The platform is inspired by the modern crypto art movement that powers most digital art and collectibles. The project claims to be featured and highlighted in several known newspapers and magazines. The Punk (PUNK) project aims to retain its decentralized purity by allowing the community to make inputs and code contributions and users to choose the trading experience they prefer.

Further, Punks (PUNK) are 10,000 uniquely generated characters embedded in the blockchain. The trade of these Punks takes place in the marketplace through bidding. However, Punks with blue backgrounds don't get traded. Punks with red and purple backgrounds are available in the marketplace to trade by bidding, where the owner themself places the red background punks. Also, the platform uses the Discord chat application to announce all the bids and real deals. 

Furthermore, blockchain stores Punks in a written code format, available for trading purposes. The unique characteristics of the Punk (PUNK) system are:

  • Decentralized: No one has any control over the code running punks. There is no reliance on corporate marketplaces and no risk of censorship or regulation from centralized authorities. Anybody can fork and run a marketplace. 

  • Irreversible: Punks become permanently embedded in the blockchain once released and cannot get modified by anyone.

  • Privacy: The user can verify and ensure that the code is valid because there are only 10,000 Punks that cannot be stolen.

  • No Transaction Fee: There is no charge of fees for Punks (PUNK) transacted through the built-in market except those charged by Ethereum (gas). Gas is the transaction cost attached with the execution of every transaction paid by the user.

Users need a crypto wallet to acquire these PUNK tokens and trade directly by bidding through the Punks (PUNK) portal. Besides this, Punks are ERC20 tokens; however, the token was developed before the introduction of the ERC721 standard, due to which the platform is a custom contract that doesn't comply with any standard. ERC721 is an open standard built for NFTs. 

History of Punk (PUNK)

The Punk team involves Matt and John as creative technologists of the project.

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Reading List


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Aave’s Lens Protocol raises $15M to build the decentralized social web

Lens Protocol, a web3 product aimed at creating a decentralized social networking ecosystem, has raised $15 million, its team told TechCrunch exclusively. The protocol is being built by Aave, a web3 technology firm, that allows users to lend and borrow crypto tokens from one another, among other things (Aave has raised a known $49 million […] Aave’s Lens Protocol raises $15M to build the decentralized social web by Jacquelyn Melinek originally published on TechCrunch

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CoinDesk • Jun 08, 23 Integrates With CoinRoutes Smart-Order Routing System

The integration is part of CoinRoutes’ bid to expand liquidity access for its clients.

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What is the current price of Punk?

We update our Punk to USD currency in real-time. Get the live price of Punk on Coinbase.

What other assets are similar to Punk?

Assets that have a similar market cap to Punk include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

Can I buy Punk on Coinbase?

Yes, Punk is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Punk guide.