Twitter Declares 'Death' of Azuki NFT Collection Following 45% Price Drop
The bold assertion—which was somewhat tongue-in-cheek—follows the release of a blog post from pseudonymous Azuki founder Zagabond, who shared today that he was previously involved in a few lackluster NFT projects that some labeled as “rugpulls.”
NFTs—unique blockchain tokens that signify ownership over an asset—can have volatile price fluctuations, and the Azuki collection on the Ethereum blockchain is no exception.Within hours of Zagabond’s post being published, the Azuki collection’s starting price, or floor price, declined from roughly 19 ETH ($41,800) to about 10.9 ETH ($24,000). But Azuki hasn’t exactly been having the greatest month in terms of floor price, either.
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@Metaverse_Web3_GameFi
