Oooft! We stand corrected.
Wow. Ok.
So, Tifanny & Co. just fly kicked us off our high horse.
Yesterday we wrote about Tiff & Co.'s latest NFT collection that, when redeemed by a CryptoPunks holder, will turn their Punk into a custom designed physical pendant.
To which we said:
"...is there even a cross over audience there? Or are we missing something?
...it kinda feels like Tiffany and Co. have heard about the megatrend that is Web3, and decided to jump in without a ton of consideration."
Turns out, we were definitely missing something.
The partnership announcement resulted in $2.3 million worth of CryptoPunks sales in the past 24hrs.
(That's a 2,200% increase).
And it single-handedly lifted the CryptoPunks floor price (i.e. the lowest amount of money you can spend to own a Punk) from 68 ETH (~$109K) to 74.5 ETH (~$125K).
Tiff, if you're reading this, we're sorry for doubting you.
We stand corrected.
