Cryptocurrencies and NFTs were both hot topics during the past bull market. One of the shining stars of this period, alongside BAYC, was Azuki. Azuki, which drew attention as one of the most popular NFT collections, followed the Weeb3 Foundation’s X platform on Saturday afternoon and retweeted their post, sparking excitement. Following this move, the floor price of the NFT project saw a rapid increase. Due to expectations related to the anticipated Azuki token, there was a 33.3% increase in prices.
Azuki Excites Investors with Weeb3 Follow
The NFT project Azuki made a move that excited its investors; the reaction to the announcement made by the Weeb3 Foundation on the X platform on Saturday caused excitement among investors to grow. Following this event, rumors about a possible partnership also surged among the people.
The rebranding process of the Weeb3 Foundation around the ANIME token aligns closely with Azuki’s marketing strategy. Because of this move, strong rumors emerged in the market that ANIME could be the token that Azuki is expected to announce.
According to the announcement, Azuki and SanFranTokyo, who retweeted the post and launched the ANIM3 Token a few days ago, may now be working on the same cryptocurrency. The partnership could be larger than anticipated.
One of the rumors that emerged is that this could be the beginning of an ecosystem for anime brands, which is not a common area in NFT collections, thus arousing greater curiosity.
On the other hand, the situation within the NFT project is a bit complicated. If we are to talk about its U.S.-based operations, there are also concerns about potential legal consequences with the SEC.
This action was praised by some as Azuki’s eventual entry into the cryptocurrency world, but investor sentiment remained mixed. Moreover, many of these investors seemed unsure about the future of the NFT project’s token, and an anonymous investor made the following statement:
They should have released their tokens much earlier after the launch of ApeCoin.
Current Azuki Price Situation
As of the time of writing, the instant floor price of the NFT project was at $18,767, and the 24-hour sales volume was 5,187 ETH. As of today, there are a total of 10,000 NFTs held by 4,318 different owners, and the total market value is over $179 million.
The project currently ranks 7th among ETH-based projects. The number of listed Azukis is equivalent to 5.05% of the total number, and the maximum supply is 10,000 units.
