The NFT Apocalypse: CryptoPunks Rise Again… Sort Of 🐦💸

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Amidst the desolate expanse of the digital ether, a tempest of speculation stirs once more, as the spectral shadows of NFTs rise from their cryptic slumber. The feverish delirium of speculative mania grips the blockchain, and the faithful whisper of a new season.

Ethereum, that most enigmatic of blockchains, hath kindled the flames with its NFT Torch, a pyre lit in the shadow of its tenth anniversary. The faithful flock, eyes aglow with fervor, now march toward the altar of digital collectibles.

CryptoPunks and Moonbirds: A Desperate Dance of Hope and Despair

Lo! The floor price of CryptoPunks, those pixelated phantoms, hath risen by nigh 8% to 53.85 ETH. A surge! A resurrection! Or merely the gasping breath of a dying beast?

Analysts, those modern-day prophets, speak of a buying frenzy. One soul, in the dead hours of the Asian night, hath seized upon six of these digital phantoms, laying down a sum of $1.3 million with the fervor of a penitent.

JUST IN: SOMEONE JUST SNAPPED UP 6 CRYPTOPUNKS IN A $1.3M+ SWEEP.

— Mario Nawfal’s Roundtable (@RoundtableSpace) July 29, 2025

And lo! The Moonbirds, too, flutter with renewed vigor. Yet sellers, like Judas, betray the flock, reaping early profits. The floor price, once 300% higher, now tumbles by 20% in a single day. A cruel jest, perhaps.

Still, the faithful cling to hope. “It looks like Moonbirds could be making one of the biggest NFT comebacks,” wrote Sennin, that financial oracle, his words dripping with the honey of optimism.

“It looks like Moonbirds could be making one of the biggest NFT comebacks,” wrote Sennin, a financial analyst and NFT trader.

CloneX NFTs, those forgotten children, now rise from the ashes. Their floor price doubled over the weekend, a phoenix reborn. Or a moth drawn to the flame of desperation.

Yet the specter of Nike’s betrayal lingers. RTFKT, that fallen titan, cast its children into the void. Now, whispers of a CTO sale or sale of the project stir the crowd. “With the recent comeback of Moonbirds (20x since acquisition), it looks like people are speculating on a similar scenario,” wrote Wale.moca, that Azuki sage.

“Recent comments from one of the RTFKT co-founders and from Nick (who originally broke the news of the closure) now kind of hint a possible CTO or sale of the project. With the recent comeback of Moonbirds (20x since acquisition), it looks like people are speculating on a similar scenario” wrote Wale.moca, an NFT researcher at Azuki.

But Wale.moca, ever the cynic, warns: “Allegations of insider trading cling to CloneX like shadows.” And so the crowd, like lemmings, teeters between hope and ruin.

Amidst the FUD—the fear, uncertainty, and doubt—the NFT researcher sighs. Pudgy Penguins and Moonbirds, those modern-day saviors, may yet eclipse CloneX. Or not. The future is a riddle.

Personally don’t think this is gonna happen and even if, I think people are blinded by the success of Pudgy Penguins and Moonbirds acquisitions. Most takeovers fail, it’s not per se bullish

— wale.moca (@waleswoosh) July 28, 2025

Ethereum’s NFT Torch: A Light in the Darkness?

Ethereum, that blockchain titan, hath lit the Torch anew. A spark! A signal! And with it, the faithful rush like lemmings to the precipice. Capital flows like wine at a funeral.

Anthony Sassano, that Daily Gwei scribe, now holds the Torch. From Ukraine’s Alex Bornyakov, the baton passes. A relay race of madness.

And what of the whale? One soul, in a single sweep, hath claimed 45 CryptoPunks for $8 million. A tempest of greed, a deluge of ETH.

88 Punks sold in the past 24h, and the floor jumped to 47.75 ETH (~$180K).

Here’s what happened ⤸

A single whale swept 45 CryptoPunks (worth ~$7.8M), igniting a 15.9% floor surge from ~40.9 to 47.75 ETH.

Add in another 43 organic sales, and we’re looking at 88 total Punks…

— shotgun (@shotguncaio) July 21, 2025

Pudgy Penguins, once lauded, now languish in the shadow of the PENGU ETF. The crowd, fickle as ever, turns its gaze to the old gods.

Yet skeptics, those grumpy philosophers, murmur of a coming crash. “Are we betting on Moonbirds flying high again, or is this just another hype cycle?” Rivi, that X oracle, asks.

“Are we betting on Moonbirds flying high again, or is this just another hype cycle?” Rivi, a popular user on X, remarked.

And rightly so! For the NFT market is but a house of cards. A whisper, a tweet, a death—Ozzy Osbourne’s CryptoBatz surged 400% after his demise. A grim omen, perhaps, or a cruel joke. 🐦💀

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2025-07-29 09:43