www.coindesk.com
20 June 2022 20:21, UTC
Studying time: ~2 m
Ukraine has bought CryptoPunk #5364, the highly-valued non-fungible token (NFT) it obtained as a donation in early March throughout its fundraising marketing campaign in its struggle in opposition to Russia.
Alex Bornyakov, the nation’s deputy minister of digital transformation, introduced the sale in a Monday tweet.
The NFT was bought to an nameless purchaser for 90 ETH, value roughly $100,000 on the time of writing. The Punk was estimated to be value as a lot as $260,000 when it was first transferred to Ukraine’s Ethereum pockets in March earlier than the worth of ETH started to drop considerably.
In complete, Ukraine has raised greater than $135 million in crypto donations since making its pockets public in February, together with $6.75 million in a single sale of a Ukrainian flag NFT.
CryptoPunk values have skyrocketed in current days, fueled by information of Yuga Labs hiring a brand new model lead for the gathering.
Learn extra: CryptoPunk NFT Is Newest Donation to Ukraine’s $33M Marketing campaign
