Ukraine sold CryptoPunk #5364 for 90 ETH

The current devastating war in Ukraine is at times called the very first crypto war. It is due to the fact crypto assets and NFTs have become significant assist in fundraising for Ukraine’s Armed service Forces and humanitarian initiatives. One of the heftiest donations the place been given in March was CryptoPunk #5364. It has been retained in Ukraine’s official crypto wallet until eventually lately.

As a result, the deputy minister of digital transformation in Ukraine, Alex Bornyakov confirmed the sale of the worthwhile NFT in a tweet back again on June 20th. The new proprietor desired to continue to be incognito.

Breaking news on crypto donations: CryptoPunk #5364 has been marketed for 90 ETH. It really is about $100K. A couple months in the past this NFT was donated to the Help For Ukraine fund. Crypto neighborhood proceeds to aid Ukraine,” the official’s Twitter write-up reads.

Unfortunately, because of to the major Ethereum selling price decline, the CryptoPunk NFT has misplaced two-thirds in worth, as at the time of donation, its price tag arrived at a whopping $260,000. Now, in periods of world wide bear craze, CryptoPunks is a single of all those exceptional NFT collections, whose analysis and trading volume have risen. It is because of to the latest news on the new Manufacturer Direct assignment.Considering that making its wallet general public with the start of the war in late February, Ukraine has gathered around $135 million in crypto donations and charitable NFT gross sales.

Source: NFT Calendar


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