The recent price surge of CryptoPunks has excited collectors and raised accusations against Gondi, a platform providing loans backed by NFTs.
CryptoPunks Hits New Record
The price of CryptoPunks, a renowned NFT collection, has reached a new record by surpassing $200,000. This high mark is the highest in 2025 so far, with the current floor price standing at approximately 53.85 ETH, equivalent to around $205,154.
Accusations Against Gondi
The lending platform Gondi has come under criticism for allegedly allowing users to take loans to manipulate bids on CryptoPunks. One trader claimed that Gondi facilitated advisor Gfunk in borrowing ETH against PUNKS tokens, leading to suspicions that such practices could influence auction prices.
Current State of CryptoPunks Market
In the last 24 hours, 38 CryptoPunks were sold, marking a 375% increase in transactions. The total sales volume reached $8.44 million. As Gondi continues to provide loans on NFT, the market activity shows clear upward momentum.
The sharp price increase for CryptoPunks and accusations against Gondi create tension in the NFT market, leaving traders awaiting clarity on the complicated lending schemes.
