The non-fungible token (NFT) marketplaces continue to be a hive of activity despite continued bearish prices in the cryptocurrency sector. This week’s sales volume was boosted by an appetite for new collections, with PlayDapp & Mikey, Critters Cult, and Exosama leading the way.
This is an NFT collection from the blockchain gaming and NFT marketplace PlayDapp. The entire collection of 10,000 NFTs, which sold out within three hours on Sept. 22, features the adventures of DJ Mikey the Panda.
The collection is only available on PlayDapp Market and its developers hope that NFT enthusiasts will join the community now that the utility of the NFTs can be realized with the soft launch of a new game called «Tournaments» this week, which will bring perks to holders of the Mikey NFTs.Mikeys can also be staked to earn PLA, which is the native token of PlayDapp. In the crypto world, staking means locking the crypto asset for a set period of time to support the operation of a blockchain.
The current floor price is 3.5 MATIC ($2.6) for a rock star panda. The floor price is one of the key metrics used by NFT collectors to determine the strength of a project. However, collections that are just starting out like this one usually tend to have low floor price tags because they have not found their true valuation yet.
PlayDapp
Critters Cult was launched earlier this month on OpenSea, and since then, it has been skyrocketing. The NFT has increased by 197,986,886% in the past week.
The surge is due to its unique avatars that are influenced by pixelated collections such as CryptoPunks. It is a sci-fi visual narrative heavily influenced by 80-90s aesthetics featuring animals like cats and owls.
Its floor price is 28 Solana (or $949) and a total
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