The $1.5 Million Mistake.

Durwin Ho
Coinmonks
Published in
4 min readApr 9, 2024

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Are NFTs still hot cakes in today’s market?

Someone just paid 10x more for a punk!

Say you want to buy an NFT.

You’re browsing through NFTs, and you stumble upon CryptoPunk #5363.

Without a second thought, you place a bid, but instead of 65.5 ETH, your fingers slip, and you bid a whopping 655 ETH.

That’s over $1.5 million for a pixelated digital avatar.

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Durwin Ho
Coinmonks

CEO of StartupX | Web3.0, Crypto, DeFi, NFT Enthusiast |HyperX Sustainability Hackcelerator | Startup Weekend Singapore.