Cryptopunk’s volume increased by 1,847% after Tiffany & Co. launched an exclusive NFT line.
Anyone can purchase the newly issued NFTiff, but punk holders who already have one can redeem it for a custom pendant. One of the most popular non-fungible token (NFT) collections in the region, Cryptopunks, saw trading volume rise by 1,847% in 24 hours on Monday. Around $1,226.68 Ether (ETH) worth of Punk NFTs was traded during that period. The surge in demand appears to be related to Tiffany & Co.’s unveiling of its NFT collection, which includes a special benefit for punk holders.
The collection, called “NFTiffs,” includes 250 digital passes. NFTiffs, molded on Ethereum…
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