While the crypto market continues its anxious wait, many NFT and token projects are beginning to stand out. The NFT collection Ninja Squad, closely followed by the Turkish crypto community, remains a subject of eager anticipation. Significant developments led by Kemal Hiçyılmaz, known in the crypto market as Crypto Kemal, are making headlines.
Ninja Squad Remains in the Spotlight
The popular NFT project Ninja Squad, consisting of 8,888 pieces and offering various opportunities to its holders, continues to emerge prominently. In recent months, the project’s local token NST was launched on the Arbitrum network, and NFT holders earned thousands of dollars in airdrops.
Moreover, NFT holders can participate in various events on the project’s Discord channel and access important information about the crypto market through this channel. In recent months, a tool developed for news trading attracted significant interest towards the NFT collection, and its floor price rose to 0.37 Ethereum, nearly showing an NFT price selling for $1000.
With the latest developments in the crypto market, purchases on the Ninja Squad front have decreased, and the collection’s floor price has dropped by over 50% to 0.17 Ethereum. This situation may stem from the sales pressure following the token airdrop event and a glitch in the project developed by the team. Additionally, the downturns in the crypto market should not be forgotten.
What’s Happening on the NST Front?
Dex Screener data indicates a notable decline in the NST token launched by the team on the Ethereum Layer-2 network, Arbitrum. Starting from its ATH level of $7, NST faces intense selling pressure and continues to trade at $3.29 as of the writing of this article.
NST, which has received great interest from the Turkish crypto community, managed to gain significant momentum in a short period. However, both the sale of assets distributed during the airdrop event and the deep market shocks caused by Bitcoin declines have led to a loss of momentum in NST prices. The team’s planned inclusion of NST in trading platforms is expected, which could boost NST’s momentum.
