in

NFT REVIEW NEWS X-Copy’s Max Pain Open Edition Raises $23 Million in Just 10 Minutes


Legendary NFT artist, XCopy, once again sent the non-fungible world into a frenzy with his latest collection, resulting in the star creator accumulating an insane $23 million in ETH in just 10 minutes.

The latest drop saw epilepsy inducing X-Copy creation, Max Pain, take centre stage, arriving in a whirlwind 10-minute sale on the NiftyGateway marketplace. During which, fans had just a small window to claim one of the unprecedented collectibles.

During the time sensitive event, collectors were offered an unlimited number of NFTs at 1 ETH a pop. Once the timer reached zero however, the opportunity to mint further items was lost forever. When the dust had settled, and the frenzy abated, 7,394 NFTs had found a new home, and XCopy was 7,394 ETH better off.

At the time of sale, each NFT sold for approximately $3,108, while at the time of writing, the floor price stands at $4,300. What happens next however, will rely heavily on the demands of the market. Most importantly, whether people remain prepared to spend relatively large sums on one of 7,394 identical items.

Going forward, the community is awash with speculation as to how XCopy will use the new found funds. Specifically, how much, if any, will return to the NFT sphere as liquidity.

Check out Max Pain >> Here

Want more? Connect with NFT Plazas

Join the Weekly Newsletter
Join our Discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram

*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.





Source link

If this article, video or photo intrigues any copyright, please indicate it to the author’s email or in the comment box.

What do you think?

26 NFT Points
Upvote Downvote

Written by NFT REVIEW MARKET

I am the curator of the NFT Review Market News. If the document or content infringes any copyright, please point it out in comments and it will be promptly removed. To all the articles we include the link of the Resource that appears as Source Link If this article, video or photo intrigues any copyright, please indicate it to the author's email or in the comment box.

Comments

Leave a Reply

Your email address will not be published.

Crypto Alerts Noticias Criptomonedas The Latest Nexo Ventures Investment: The TIE

Crypto Alerts Noticias Criptomonedas Los países que utilizan blockchain para comercio exterior, logística y aduanas