The latest donation to Ukraine's $33 million campaign comes from CryptoPunk NFT

According to some estimations, the sought-after NFT might be worth $200,000.


CryptoPunk #5364 NFT
CryptoPunk #5364 screenshot from Opensea

On Tuesday, CryptoPunk #5364 was sent to Ukraine's Ethereum wallet, putting a potentially lucrative and sought-after cap on a fundraising drive that has already raised over $33 million in cryptocurrency.


The Punk's value is estimated to be around $200,000 by Tom Robinson of crypto tracking firm Elliptic, who noticed the contribution late March 1; DeepNFTvalue, a blog that utilizes machine learning to estimate prices for uncommon NFTs, put it at $233,000 by DeepNFTvalue.


The CryptoPunk sold for $31,300 in February 2021, which was the last time it was sold. According to their wallet address on Etherscan, the donor has a collection of numerous additional Punks.


It came on the heels of a successful week for Ukraine's fast-growing crypto campaign, with more than $10 million raised in BTC, ETH, DOT, USDT, and other crypto tokens on Tuesday alone, the single-largest day since the country started accepting donations on February 26.


Michael Chobanian, the founder of a Ukrainian crypto exchange who is assisting the Ministry of Digital Transformation with donations stated earlier on Tuesday that at least $14 million in donated crypto had already been spent on military gear and civilian goods such as food and gas.


However, Chobanian did not immediately respond when asked what would be done with the CryptoPunk NFT.