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Ukraine sold CryptoPunk #5364 for 90 ETH

Mat Goldman by Mat Goldman
June 26, 2022
in Nft & Metaverse
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Ukraine sold CryptoPunk #5364 for 90 ETH
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The present devastating conflict in Ukraine is typically referred to as the primary crypto conflict. It’s as a result of crypto property and NFTs have turn out to be main help in fundraising for Ukraine’s Army Forces and humanitarian initiatives. One of many heftiest donations the nation obtained in March was CryptoPunk #5364. It has been stored in Ukraine’s official crypto pockets till not too long ago.

Thus, the deputy minister of digital transformation in Ukraine, Alex Bornyakov confirmed the sale of the precious NFT in a tweet again on June twentieth. The brand new proprietor most popular to remain incognito.

“Breaking information on crypto donations: CryptoPunk #5364 has been bought for 90 ETH. It is over $100K. A number of months in the past this NFT was donated to the Assist For Ukraine fund. Crypto neighborhood continues to help Ukraine,” the official’s Twitter publish reads.

Sadly, because of the main Ethereum value decline, the CryptoPunk NFT has misplaced two-thirds in worth, as on the time of donation, its value reached a whopping $260,000. Right this moment, in occasions of world bear pattern, CryptoPunks is a type of uncommon NFT collections, whose analysis and buying and selling quantity have risen. It’s because of the latest news on the brand new Model Lead project. Since making its pockets public with the beginning of the conflict in late February, Ukraine has collected over $135 million in crypto donations and charitable NFT gross sales.





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