NFT Testimonials Become a Crypto Twitter Staple

#Lifestyle Wealth


(Bloomberg) -- NFTs are red hot and it appears like everyone speculating on the digital images wants to make that abundantly clear in the social media cryptosphere. 

Sean Kelly said he’s a 24-year-old that recently helped launch Chibi Dinos NFT, and sold nearly 10,000 cartoonish dinos for $2 million within 18 minutes. EtherRock, which are digital pictures of cartoonish rocks, are fetching hundreds of thousands of dollars. In the last week, a CryptoPunks image of a head sold for $4.5 million, according to industry tracker NonFungible.com.

The mania is reaching fever pitch on Twitter, the main hangout of crypto enthusiasts, where users are trading stories of expensive purchases and huge returns. Stories of lives changed as NFTs skyrocket in value abound. Among the hoopla, unit sales of NFTs have more than doubled since June, per NonFungible. 

Andrew Kang,  founder of Mechanism Capital, recently bought two digital rocks for about $200,000 each, he said. Companies are investing in NFTs as well: Crypto wallet ZenGo just bought a digital penguin as a mascot.

So here is the insane story I promised to share.
We bought a @Pudgy_Penguins for @ZenGo last week. We love it and called him Zenguin. We use it as a mascot and maybe more

Since I have been active in the community to learn. I find it fun and amazing.

I discovered a surprise https://t.co/sSDeZ9GS7Y pic.twitter.com/ALWR1VLygx

— Ouriel Ohayon (@OurielOhayon) August 30, 2021

Daily NFT sales in dollars peaked on Aug. 6 at $81.5 million, but have come down since, per NonFungible. Prices of some NFTs are still ballooning, however. The average price of an NFT in the arts and collectibles category hit an all-time high of $63,730 on Aug. 27, according to The Block, citing data from NonFungible.

Two months ago, someone purchased this Fidenza NFT for $1,300.

Today, it sold for $3.3 million. pic.twitter.com/2WDlbpWxq0

— Fintwit (@fintwit_news) August 23, 2021

A number of posters on Twitter claim the trend has made them rich. 

PropellerAds

Not to brag in anyway at all, but today my NFT holdings have passed the $1 million mark... I had less than $2000 when I entered this space 12 months ago. I am beyond grateful for this opportunity to transform my life and thank you to everyone who has helped me get here.

— nathanhead.eth (@NathanHeadPhoto) August 28, 2021

There are more than a few signs that the NFT craze may be similar to the tulip mania of the 1600s, though, when the flowers became all the rage in the Netherlands, and their prices surged.

this JPEG of a tulip is selling for $3.2 million pic.twitter.com/7ppboKsBwO

— Turner Novak (@TurnerNovak) August 29, 2021

But as often mentioned over the past few years on Crypto Twitter, the prices of tulips soon collapsed in what is considered the first of many speculative frenzies.   

https://www.wealthmanagement.com/alternative-investments/nft-testimonials-become-crypto-twitter-staple

To Find More Information, Go To Saubio Digital And Look Up Any Topic

Please follow and like us: Share This Post


Take a look at our comprehensive guide to the best and most popular information ebooks and products available today on Detoxing, Colon Cleansing, Weight Loss and Dating and Romance. They are all in one spot, easy to find and compere to make a quick selection for the product that best fits your needs or wants.

So browse through a category and make your  preferred selection and come back here to read  more choice articles and get a few more helpful tips on ways to help your enhancement.



Detoxing Reviews

Best Body Detoxification Guides & reviews





Colon Cleanse Reviews

Best Colon Cleanse Guides & Reviews





Weight Loss Ebook Reviews

Weight loss products really work! Click here





Dating and Romance Ebook Reviews

Looking for Dating Guides? Click here





Free Traffic System - Increase Targeted Website Traffic with Free Unlimited One Way Links

As an Amazon Associate I earn from qualifying purchases. “saubiosaubiosuccess.com is a participant in third party affiliate and advertising programs; The Amazon Services LLC Associates Program, Awin network, and other affiliate advertising programs are designed to provide a means for sites to earn advertising fees and commissions by advertising and linking to products on other sites and on Amazon.com. Amazon and the Amazon logo are trademarks of Amazon.com, Inc, or its affiliates.”

Leave a Reply

Your email address will not be published.


Saubio's Promo Tools