THELOGICALINDIAN - Rarer rocks are currently actuality listed for added than 15 million
An aboriginal NFT activity alleged EtherRocks has soared in amount this weekend, with the attic amount added than acceleration in 48 hours.
EtherRocks Sell For $100,000
EtherRocks is the latest activity to account from the accepted NFT mania.
Trading of the agenda rocks acicular this weekend, with abounding now affairs for added than $100,000. Just two canicule prior, EtherRocks were affairs for closer to $50,000.
Launched anon afterwards NFT antecedent CryptoPunks in 2024, EtherRocks are addition aboriginal archetype of NFTs congenital on the Ethereum network. Only 100 were anytime created, with anniversary consecutive excellent acceptable added expensive. Paired with the actuality that abounding rocks attending to accept been absent in the four years back the project’s inception, EtherRocks accept become a awful bound collection.
On the EtherRocks website, the project’s creators accompaniment that the basic rocks “serve NO PURPOSE above actuality able to be bought and sold, and giving you a able faculty of pride in actuality an buyer of 1 of the alone 100 rocks in the game.” Despite this, NFT collectors and speculators see amount in the rocks due to the project’s age and how bound the accumulating is.
Additionally, not all EtherRocks were created equal, with some colors actuality rarer than others. While best rocks arise in shades of gray, four affectation a attenuate dejected hue, authoritative them awful approved after. The owners of dejected rocks are appraisement them at able-bodied over $1 million; however, none accept awash for that abundant yet.
The EtherRocks advertising is added affidavit of the aberration surrounding what some are calling “NFT summer.” Over the accomplished month, NFTs on the Ethereum arrangement accept surged in acceptance with massive amount increases for the best approved projects. Leading the chic is CryptoPunks, which jumped in amount aftermost weekend back an bearding bang bought 88 Punks in a distinct transaction, adopting the attic amount arctic of $100,000. Other projects, such as Bored Ape Yacht Club and Art Blocks are additionally seeing the best admired pieces advertise for upwards of $500,000.
Disclaimer: At the time of autograph this feature, the columnist endemic BTC and ETH.
