A well-known researcher of non-fungible token (NFT) market under the nickname punk9059 shared his thoughts about the industry on his Twitter account. He emphasized the importance of collectors paying attention to collections such as Pudgy Penguins and Milady's.

In addition, he conducted an analysis of the situation around other popular pieces of digital art.

According to the analyst, the prices of "punks" started to rise only after traders began actively trading these tokens, and trading volumes significantly increased. This growth was made possible thanks to initiatives by Larva Labs. punk9059 emphasized that "fortunately, trading on the Larva platform is a deployed contract and does not affect the wrapped contract. This is important as it does not incentivize farming."

CryptoPunks represent one of the first and most well-known examples of collectible digital assets based on blockchain technology. They were created and released in 2017 on the Ethereum platform. This collection consists of 10,000 unique pixel art characters, each with unique characteristics and attributes, including a unique number and various details such as hair color, faces, and eyes.

An interesting feature of this collection is that it is not limited to collectible items but also represents digital assets that can be traded and sold in the market.