NFT collections are all the rage these days, with new collections launching regularly. But which one should you invest in? In this blog post, we will explore three of the most popular NFT collections on the market today: Chronocatz, Mutant Ape, and Tamadoge.
Mutant Ape Sales Hit A new Low
The Mutant Ape Yacht Club (MAYC) NFTs are a group of 20,000 mutant apes. The Bored Ape NFT must be subjected to a vial of Mutant serum in order to obtain Mutant Ape (MAYC) NFTs. Many investors and collectors have been drawn to the collection due to its unique design and limited availability. However, the recent drop in sales suggests that interest in the collection may be waning.
The current floor price of Mutant Ape is 14.92 ETH, which has dropped significantly from a high of 26.98 ETH in May 2022. Additionally, the Mutant Ape Yacht Club (MAYC) NFT Collection sales have hit a new low, with only 12 items sold in the past few days. This marks a significant decrease from the previous low of 24 items sold in a day.
Tamadoge NFT Collection fails to gather new investors
Tamadoge is an ecosystem that allows users to adopt NFTs as pets, teach them, and compete with one another in a variety of ways, all while earning cryptocurrency. These pets are tradable non-fungible tokens (NFTs) that may be purchased using the Tamadoge token. The Tamadoge NFT Collection was launched last month with much fanfare, but it has failed to attract new investors.
The Tamadoge pricing has not lived up to its premise, and has instead continued to plummet in the weeks after its launch. Tamadoge’s current floor price stands at just 8 ETH. The Tamadoge team has blamed the collection’s poor performance on the current state of the crypto market, but many investors are sceptical about investing in the collection based on its low returns in the past few weeks. There are also concerns that the team may not have enough experience in managing an NFT collection, and may not be able to turn things around.
Chronocatz – the new leader in the NFT collection market
Chronocatz is a new player in the NFT collection market, and is quickly becoming a market leader. There are 7,777 separate cats listed on Chronocatz, also called “Catz,” all sporting a wide variety of fur, clothing, and other personalized items. The most important part of the Chronocatz ensemble is the cat’s watch, which is a real, high-end luxury timepiece. The rarity of the NFT is decided by the watch, and there is a progressive reward and membership tier system in place inside the Chrono Wealth Club (CWC), which can be accessed by all holders of Chronocatz. A greater percentage of staked funds, early access to new NFT drops, and priority bidding at auctions are just some of the benefits that club membership brings.
Chronocatz NFTs are tied to real world luxury timepieces that have maintained their worth for decades, which makes them a reliable and secure investment. As a result, their floor price is likely to increase in the future.
For more information about Chronocatz.io
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