NFTs, Investing
Can the Boonji Project Bump the Mekas Off the Top Spot for NFT Investors?
Find out in just two hours! 10–13–21 / 6pm EST!
In my article “Upcoming NFT Drops that Look Promising for Investors” last week, I discussed the much-hyped Mekaverse NFT drop, predicting (as pretty much anyone in the know could have done) that it would be epic in terms of the financial outcome. And, as discussed in my follow-up piece, “The Feeding Frenzy of the MekaVerse,” it truly was outrageous in all respects.
And, by the way, as predicted in those pieces, the floor did in fact drop post-reveal on the Mekas. As of right now, it stands at a still-healthy 4.5 ETH (though that’s about half of its peak during pre-reveal):
All totaled, the Mekas have moved upwards of $100 million USD thus far, although in their case a sizable chunk of that happened in the secondary market.
But what happens if more of the secondary market volume happens in the primary stage? The Boonji’s are going to do a Dutch Auction for their drop, starting the minting at a whopping 3.3 ETH (about $11.6k, which, right there, would likely surpass the secondary…