Azuki, a renowned top-tier NFT collection, recently registered a marked 33.3% increase in its floor price. The remarkable increase in value can be traced back to a retweet courtesy of the Weeb3 Foundationindicating an exciting collaboration between the two.
Transforming the NFT Anime Industry
While these rumors are generating a lot of excitement, investor sentiment is mixed. Some investors praise Azuki’s preference for cryptocurrencies, while others worry about the future of the project.
Several critics also suggest that Azuki would have been better off if he had followed ApeCoin’s path by launching its tokens at an earlier stage. Compounding these concerns is the likelihood of legal clashes with the U.S. Securities and Exchange Commission (SEC) given Azuki’s U.S. operations.
As it stands now, the Azuki NFT Collection has a floor price of $17,316.63 (7.58600 ETH) and a 24-hour average selling price of $16,688.76 (7.35 ETH), with a total of 10,000 NFTs in hands by 4,297 individuals, according to CoinGecko.
To further illustrate its crucial role within the NFT market, Azuki notably ranks seventh among all other ETH-based NFT projects.
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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational materials only. Individuals are required to fully research any product before making any form of investment.