Many well-known cryptocurrencies have had impressive runs in 2021. One name that has increased more than 400% in 2021 is Ethereum (CRYPTO: ETH). Part of the increase in the rise in valuation could be credited to the rise of non-fungible tokens.
What Happened: Larva Labs launched CryptoPunks on June 23, 2017. The 10,000 NFT series featured 24×24 pixel art images built on the Ethereum blockchain.
The project was not an early success but has quickly become the standard among NFT collections attracting investments from celebrities and investors and even Visa Inc (NYSE:V).
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