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Home»NFT»Mocaverse NFT sees a 563% increase in the past three months
NFT

Mocaverse NFT sees a 563% increase in the past three months

2024-01-10No Comments3 Mins Read
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Mocaverse NFT has grown 563% in the past three months. Much of the growth is attributed to the value that Animoca Brands brings. Mocaverse is part of the NFT collection that includes 8,888 NFTs. Holders of the said NFT come from different backgrounds. This includes Yat Siu, Wale.moca and Father.moca.

It shouldn’t be a surprise if the value continues to skyrocket in the coming days. Other milestones that Mocaverse NFT what has been achieved in recent times includes raising $20 million in September last year and generating another $11.88 million in the last month, December 2023. Animoca Brands also has a major milestone to its name. The ecosystem has added more than 380 projects to the native ecosystem.

It reflects the sense of trust that members and developers have. Animoca Brands is a synonym for the NFT sphere. While other players are active in the market, Animoca Brands is taking the lead head start with innovative developments such as Moca ID.

According to reports that have surfaced, it is safe to conclude that at least 200,000 Moca IDs were minted.

Moca ID is imperative for community members, allowing them to seamlessly manage their NFT while shaping the decentralized future. Moca ID is not transferable, just like a traditional ID. It demonstrates the identity of the holder, keeping them unique with self-sovereignty.

Mocaverse NFT also has amazing numbers. It has reached a volume worth $12.43 million and a market cap of $37.29 million. The increase is 50x the floor price, putting the collection at the top of the list for the best NFTs in terms of performance. Sales figures show that six will be sold for more than 10 ETH by 2023. That is the highest sales figure.

See also  NFT wash trading volumes on Ethereum marketplaces reach the lowest level in more than a year

There are 2,113 holders, including 13 whales and 430 blue chip holders. This is the trend of all time holders that is subject to change in the near future.

Mocaverse NFT has 3,775 royalty payers, with Machi Big Brother as the largest royalty payer. Total ETH earnings are 611.

The exclusive utility it provides to holders is what is actually driving the rise of the NFT collection. One of the many exclusive benefits is early access to research papers. Other features include Sandbox gaming benefits and the option to transfer voting rights to Animoca Brands’ token management.

December was a pretty good month for NFT sales. The Bitcoin blockchain recorded sales of over $881 million in the last month of 2023. This is bigger than other players in the market that are based on Solana and Ethereum.

NFTs have continued to grow since their inception, amid the ongoing feud over royalties. This has to do with the months-long royalty war between Blur and OpenSea.

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