Co-founder of Cryptopunks Chinese Community|Web3 bestselling author
Why is CryptoPunk referred to as the "Bitcoin of the NFT space"?
The article elaborates on why Cryptopunk is referred to as the "Bitcoin of the NFT space" and analyzes its various attributes and influencing factors. Below is a summary of the main points and content of the article:
Cryptopunk has seen an extraordinary surge in the NFT market, with its floor price skyrocketing from 13 ETH to 143 ETH, attracting the attention of numerous investors.
Cryptopunk is a pioneer in the NFT space, akin to Bitcoin's position in the cryptocurrency realm.
Cryptopunk's innovation, decentralization, value proposition, and price consensus make it a leader in the NFT industry.
Cryptopunk possesses multiple values such as digital identity, community qualification, and collectible attributes.
The price consensus and the "strong get stronger" phenomenon further solidify Cryptopunk's market position.
In the future, with more investors and institutions entering the space, Cryptopunk has tremendous growth potential, making it worthy of long-term holding.