Azuki NFT: Rising Floor Price Amid Rumors of Partnership with Weeb3 Foundation
The popular Azuki NFT collection has seen an increase in its floor price due to rumors of a potential partnership with the Weeb3 Foundation. This speculation arose after Azuki shared a tweet from Weeb3 on its official account.
Following this tweet, the prices of Azuki NFT experienced a rapid surge. On January 6th, the floor price was 6.06 ETH, but it skyrocketed to 7.96 ETH the next day. Since then, the minimum price has remained above 7 ETH, reaching 7.238 ETH at the time of writing.
Despite these rumors, no official announcements regarding a partnership have been made. However, there are other factors that connect the two projects, such as the similarity in marketing strategies and retweets from SanFranTokyo, another ANIM3 token investor.
Azuki NFT’s Recovery and Price History
Azuki NFT is currently in a phase of recovering its floor price. After a crash in June 2023, where the price dropped from 17 ETH to 6 ETH, the collection reached a minimum price of 3.5 ETH by mid-August 2023.
However, starting from October 2023, there has been a significant upward trend in the floor price. In just one month, it rose by 47%, reaching 5.3 ETH. Despite this positive momentum, Azuki NFT has not yet returned to its previous high of 5 ETH.
Hot Take: Potential Partnership Opens New Possibilities for Anime Brands in NFT Space
The rumored partnership between Azuki NFT and Weeb3 Foundation could mark the beginning of an ecosystem for anime brands in the NFT space. This unexplored realm presents new opportunities for collaboration and innovation.
However, there are concerns about potential legal ramifications with the SEC, considering that Azuki NFT is based in the United States. The outcome of any partnership will likely depend on navigating regulatory challenges while capitalizing on the growing interest in anime-themed NFT collections.
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