CryptoPunk Ethereum NFTs Floor Price Flips Bored Apes for First Time in 5 Months

The CryptoPunks flipped the Bored Ape Yacht Club, the floor price of the veteran NFT collection topping that of the celebrity-coveted primates for the first time since March, according to NFT Price Floor. The CryptoPunks were created by Canadian software developers Matt Hall and John Watkinson of Larva Labs in June 2017. The collection of non-fungible tokens (NFTs) on the Ethereum blockchain is widely credited with sparking the NFT craze, inspiring the ERC-721 standard as well as prominent collections that followed—including the Bored Ape Yacht Club, which launched in April 2021.