- Azuki’s Influence: Anime-themed NFT collection Azuki emerges as a key player, hinting at a potential collaboration and driving Ethereum’s sales.
- Ethereum vs. Bitcoin: Ethereum reclaims top spot in NFT sales, showcasing a substantial spike in the last two days, momentarily surpassing Bitcoin.
- Market Optimism: Despite past controversies, Azuki’s engagement propels a 30% surge in floor price, fostering hopes for a credible anime NFT market.
In a surprising turn of events, Ethereum’s non-fungible token (NFT) market experienced a resurgence, flipping Bitcoin temporarily in terms of sales volume. According to NFT market tracker CryptoSlam, Ethereum reclaimed its position as the leading blockchain for NFT sales after a nearly four-week period dominated by Bitcoin.
Recent data revealed a notable spike in Ethereum’s NFT sales, reaching a peak of $12 million on January 6th, marking the highest figures in the past two weeks. Despite slipping back to the second spot at the time of publication, Ethereum’s brief surge caught the attention of market observers.
The driving force behind this resurgence appears to be Azuki, a popular NFT collection. Azuki’s engagement with Weeb3 Foundation’s posts on the social platform X sparked rumors of a potential partnership, with a particular post related to anime fueling speculation about Azuki’s upcoming token, possibly tied to ANIME.
Towards an open anime universe 🌸 pic.twitter.com/jXJSWGrF4v
— Weeb3 Foundation (@weeb3foundation) January 6, 2024
It’s worth noting that Azuki faced controversy last year over accusations of NFT duplication within its anime-themed collection called Elementals, which comprised 20,000 NFTs. However, the recent developments have reignited hopes for a more solid and credible market for anime brands in the NFT space.
The optimism surrounding Azuki’s potential collaboration reflected in a 30% surge in its floor price, as observed by CryptosNewss using NFT Floor Price’s data. The increased trading activity within the collection also contributed to an overall boost in NFT sales on the Ethereum blockchain.
As Ethereum explores new avenues with Azuki’s anime push, industry watchers are keenly observing whether the blockchain can sustain this momentum and reclaim its top position in the competitive NFT landscape. The coming days may unveil whether Azuki’s influence will contribute to a lasting revival for Ethereum’s NFT market.
Disclaimer: Please note that the viewpoints and perspectives expressed by the author, as well as any individuals referenced in this article, are intended solely for informational purposes. They should not be construed as financial or investment advice. It’s important to acknowledge that investing in or trading cryptoassets carries inherent financial risks.