Fidenza NFT Project By Tyler Hobbs Gets $1 Million Boost In Less Than 48 Hours
Over the past few days, interest in Tyler Hobbs’ Fidenza NFT, a generative Ethereum non-fungible token (NFT), has exploded. One wallet recently purchased eight Fidenzas for around $1 million.
On Wednesday morning, Fidenza Bot, an automatic Twitter bot that checks OpenSea for Fidenza NFT sales, detected a string of consecutive purchases. Notably, three transactions totaling 280.50 ETH (or roughly $356,294) with an average price of 93.50 ETH (or roughly $118,765) occurred in a span of 12 minutes.
The same wallet, 808450, bought all of the NFTs for a price that was significantly more than their previous sales. For instance, on June 11, 2021, Fidenza #459 was last sold for 0.29 ETH, or roughly $687. The final sale of Fidenza #726 occurred on June 14, 2021, for 1.2 wrapped ether (WETH) (about $3,098), and the latest sale of Fidenza #18 occurred on July 15, 2021, for 8.5 ETH (roughly $16,294).
The transactions helped increase the project’s floor price to 94 ETH (about $116,154) and its market cap to 90,609.30 ETH (around $121 million). On Thursday morning, three further NFTs were bought by the same wallet within 17 minutes, each selling for at least 98 ETH (about $125,244).
Fidenza NFT #136 was transferred to wallet 808450
On Friday afternoon, Fidenza NFT #136 was transferred to wallet 808450, leaving the wealthy investor with eight Fidenza NFTs worth 689.95 ETH (or around $910,271) left.
Separately, on Thursday, wallet 0x9B67e purchased Fidenza #4 for 94 ETH ($124,268), resulting in a total of 781.25 ETH (or around $1.03 million) being pumped into the project during the preceding 48 hours.
Then why did interest in the algorithm-based art project suddenly spike? Although it’s uncertain, Twitter user Jollytime.eth conjectured in a series of tweets that the NFTS might have been bought by a company connected to Leslie Alexander, a renowned bond trader and the previous owner of the Houston Rockets.
The project’s overall volume is 51.5K ETH at the time of writing, or roughly $68.2 million. Notably, according to Crypto Slam, Art blocks, the Ethereum-based NFT creation platform that powers Fidenza, has surpassed other well-known NFT collections like Doodles and CryptoPunks in terms of sales volume.
The most expensive Art Blocks sale to date, Fidenza #13 sold for 1,000 ETH, or roughly $3.3 million, in August 2021.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Fidenza NFT Project By Tyler Hobbs Gets $1 Million Boost In Less Than 48 Hours
Over the past few days, interest in Tyler Hobbs’ Fidenza NFT, a generative Ethereum non-fungible token (NFT), has exploded. One wallet recently purchased eight Fidenzas for around $1 million.
On Wednesday morning, Fidenza Bot, an automatic Twitter bot that checks OpenSea for Fidenza NFT sales, detected a string of consecutive purchases. Notably, three transactions totaling 280.50 ETH (or roughly $356,294) with an average price of 93.50 ETH (or roughly $118,765) occurred in a span of 12 minutes.
The same wallet, 808450, bought all of the NFTs for a price that was significantly more than their previous sales. For instance, on June 11, 2021, Fidenza #459 was last sold for 0.29 ETH, or roughly $687. The final sale of Fidenza #726 occurred on June 14, 2021, for 1.2 wrapped ether (WETH) (about $3,098), and the latest sale of Fidenza #18 occurred on July 15, 2021, for 8.5 ETH (roughly $16,294).
The transactions helped increase the project’s floor price to 94 ETH (about $116,154) and its market cap to 90,609.30 ETH (around $121 million). On Thursday morning, three further NFTs were bought by the same wallet within 17 minutes, each selling for at least 98 ETH (about $125,244).
Fidenza NFT #136 was transferred to wallet 808450
On Friday afternoon, Fidenza NFT #136 was transferred to wallet 808450, leaving the wealthy investor with eight Fidenza NFTs worth 689.95 ETH (or around $910,271) left.
Separately, on Thursday, wallet 0x9B67e purchased Fidenza #4 for 94 ETH ($124,268), resulting in a total of 781.25 ETH (or around $1.03 million) being pumped into the project during the preceding 48 hours.
Then why did interest in the algorithm-based art project suddenly spike? Although it’s uncertain, Twitter user Jollytime.eth conjectured in a series of tweets that the NFTS might have been bought by a company connected to Leslie Alexander, a renowned bond trader and the previous owner of the Houston Rockets.
The project’s overall volume is 51.5K ETH at the time of writing, or roughly $68.2 million. Notably, according to Crypto Slam, Art blocks, the Ethereum-based NFT creation platform that powers Fidenza, has surpassed other well-known NFT collections like Doodles and CryptoPunks in terms of sales volume.
The most expensive Art Blocks sale to date, Fidenza #13 sold for 1,000 ETH, or roughly $3.3 million, in August 2021.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Annie
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