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Latest cryptocurrency news > NFT > Azuki NFT’s Excitement Following Weeb3 Foundation’s Moves
NFT

Azuki NFT’s Excitement Following Weeb3 Foundation’s Moves

BH NEWS
Last updated: 7 January 2024 06:10
BH NEWS 2 years ago
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Azuki, a leading NFT collection, stirred excitement by retweeting a post from the Weeb3 Foundation on Saturday, leading to a rapid increase in its floor price. The move sparked anticipation for the upcoming Azuki token, with a significant price surge of 33.3%.

Investors were thrilled by Azuki’s response to an announcement on the X platform by the Weeb3 Foundation, fueling speculation about a potential partnership. The Weeb3 Foundation’s rebranding around the ANIME token aligns closely with Azuki’s marketing strategies, generating strong rumors that ANIME could be Azuki’s expected token.

Azuki and SanFranTokyo, having recently launched the ANIM3 Token, might be collaborating on the same cryptocurrency. This partnership could be more extensive than anticipated, potentially initiating an ecosystem for anime brands, an area not commonly explored in NFT collections.

However, the situation surrounding the NFT project is somewhat complex, with concerns about potential legal repercussions with the SEC for its U.S.-based operations. The action has been praised by some as Azuki’s entry into the cryptocurrency world, but investor sentiment remains mixed, with doubts about the project’s token future.

As of this writing, the NFT project’s instant floor price is $18,767, with a 24-hour sales volume of 5,187 ETH. There are 10,000 NFTs held by 4,318 unique owners, with a total market value exceeding $179 million, ranking Azuki 7th among ETH-based projects, with 5.05% of total Azukis listed and a maximum supply of 10,000 units.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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