Following the launch of Tiffany, CryptoPunk Ethereum NFT sales increase by 248%

According to data from CryptoSlam, the sales volume of the CryptoPunks NFT collection increased by over 248% over the past 24 hours as a result of a unique offer from renowned luxury jewelry and specialty shop Tiffany & Co. for CryptoPunks NFT holders.

On Sunday, Tiffany tweeted, "We're bringing NFTs to the next level. "Only available to CryptoPunks holders, NFTiff turns your NFT into a custom pendant made by artists at Tiffany & Co. A second NFT version of the pendant is also included.

The offer to CryptoPunk owners coincided with the announcement that Tiffany & Co. had launched a unique line of NFTs dubbed NFTiffs. These 250 digital passes are available to CryptoPunk owners in exchange for a personalized necklace and an NFT that has the holder's CryptoPunk's likeness.

Based on the NFT's color scheme, the 18k rose or yellow gold pendants for the CryptoPunk collection will be available.

The NFTiffs NFTs, according to Tiffany, will go public on August 5th with a floor price of 30 ETH per token, or around $50,000 as of this writing.

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