How 10KTF’s Social Media Post Caused a Surge in Nakamigos NFT Prices

04/08/2023 21:34 • Blockchain Briefs • 73 views

According to reports, 10KTF posted a graphic tweet for Nakamigos # 7012 on social media, and the price of the NFT on OpenSea has skyrocketed from 0.569 ETH yesterday to 1.23 WETH, an increase of over 116%. In addition, the Nakamigos NFT series flooring prices and trading volume have also increased, with flooring prices rising to 0.8 ETH, up 50.85%, and trading volume reaching 2150 ETH in the past 24 hours.

10KTF has released a Nakamigos # 7012 image tweet, and its price has now doubled

If you have been keeping up with NFT trends, you might have heard about Nakamigos – a unique and popular NFT series featuring illustrated sushi characters. Nakamigos has been gaining significant traction in the NFT world, and recently, the series’ prices soared after a social media post by 10KTF. Here’s all you need to know about the surge in Nakamigos NFT prices.

The Tweet That Caused a Frenzy

On social media, 10KTF posted a graphic tweet for Nakamigos # 7012 [1]. It quickly went viral because of the stunning artwork and the buzz surrounding the Nakamigos series. The tweet generated a frenzy among NFT collectors, leading to a significant rise in the price of the Nakamigos NFT on OpenSea, one of the most popular NFT marketplaces.

The Surge In Nakamigos NFT Prices

On the day the tweet was posted, the price of Nakamigos # 7012 on OpenSea was 0.569 ETH [2]. But after the tweet, the price skyrocketed to 1.23 WETH, marking an increase of over 116% [3]. This surge led to a heightened interest in the Nakamigos series, with trading volume hitting 2150 ETH in the past 24 hours.

Increased Flooring Prices

Apart from the staggering increase in the price of Nakamigos # 7012, the flooring prices of the Nakamigos series also experienced a surge. As of writing, the flooring price stands at 0.8 ETH, up 50.85% [4]. This increase implies a rise in the demand for subsequent Nakamigos NFT.

The Reason Behind the Uptick

It isn’t new for NFT prices to be influenced by social media posts. However, the rise in Nakamigos NFT prices might be attributed to the combination of factors. Firstly, the stunning artwork featured in the tweet created a buzz that brought attention to the Nakamigos series. Secondly, the tweet’s virality might have drawn in more collectors to the series. Finally, some believe that the Nakamigos project has great potential and might have been severely underpriced.

Conclusion

Social media has become a powerful marketing tool for NFTs, and 10KTF’s recent tweet further illustrates that. The tweet brought much-needed attention to the Nakamigos series and demonstrated the importance of high-quality, engaging content in marketing NFTs. Additionally, it is essential to note that the tweet’s impact doesn’t mean Nakamigos will continue to experience a price surge. However, it is always essential to keep an eye out for unique NFT projects.

FAQs

1. What is an NFT?
NFT stands for Non-Fungible Token. It is a type of digital asset that represents ownership of a unique item or product.
2. What is OpenSea?
OpenSea is one of the largest NFT marketplaces, where users can buy, sell and discover unique digital assets.
3. Can I invest in NFTs?
Like any investment, investing in NFTs carries risk. It is essential to conduct proper research and understand the market trends before investing in any NFT project.

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