Everyone’s talking about a newly sold $56 million CryptoPunk NFT, however, the transaction isn’t what it appears to be.
A CryptoPunk non-fungible token (NFT) that reportedly sold for a record $56 million is more likely just an elaborate marketing stunt for a new memecoin, according to an NFT expert.
On Oct. 3, reports on social media suggested that someone bought Punk 1563 for 24,000 Ether (ETH) — worth $56.2 million at current prices — which is also shown on OpenSea data.
Source: CryptoPunks Bot