“Goblintown” is the NFT collection in the spotlight.

Goblintown is an NFT collection of 10,000 goblins titled “goblintown” launched last week and has quickly captured the market’s interest. The name of this collection is a term used to talk about the bearish status of cryptocurrencies when prices and interest rates fall.

Currently, the prices of Bitcoin, Ethereum, and other assets are in a state of decline, so it is possible to call the situation of the cryptocurrency market “Goblintown.” Therefore, although the aesthetics of the image is weird, it is still highly successful.

This NFT collection was distributed for free last week, and demand has skyrocketed recently. Currently, this collection of NFTs is being traded on OpenSea with a total trading volume of up to 880 ETH, so Goblintown has become the second most sold collection of NFTs of the week, just behind Otherdeeds.

The floor price of this collection has quickly reached ETH 2 today. It can be said that the floor price is quite high when compared to the situation of both the electronic market and the NFT market, which is downtrending. The rare NFTs from the collection are even priced higher, typically goblintown #8995, a unique goblin wearing an extremely rare crown, sold for 69.42 Ethereum on Wednesday.

In addition, it has a different name, CC0, because goblintown uses a “no copyright” policy, which means anyone can build on them and reuse them.

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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