Raining Cats and Cats in the Tron NFT Market
14 September 2021 - 04:30PM
NEWSBTC
The New NFT project appears on the raging market. Now targeting the
Tron community. Tron Cool Cats , a new project supported by Palmar
Labs, is a collection of 10K unique randomly generated NFTs,
pouring in the Tron ecosystem. Another project shows up in the
fast-growing NFT market. This time cats are taking the Tron
ecosystem. Tron Cool Cats is a copycat (pun intended) of the
popular Ethereum-based NFT project. Cool Cats is a collection of
10K randomly generated and stylistically curated NFTs on the
Ethereum blockchain. Each randomly assembled cat from over 300K
total options possesses a unique body, hat, face, and outfit that
determine how cool it is in the ranking system. Ethereum Cool Cats
NFTs quickly became the industry’s top collectibles this summer
with the initial minting price for a cat being only 0.06 ETH.
Today, the cheapest Cool Cat on the marketplace for crypto
collectibles, OpenSea, has a floor price of 3.89 ETH or around
$12,914.76. Now the cats are making their debut on Tron, another
global blockchain-based market with its own cryptocurrency – TRX.
And these kittens are something to look for. Just as the
Ethereum-based cats, each and every Tron-powered Cool Cat is
randomized and unique. Tron Cat NFTs feature a variety of
expressions, outfits, accessories, and other traits – just like
their successful ancestors. Even the number of cats in the
collection mimics the original one – 10K. Yet the Tron-based Cats’
minting prices are very different from the ones you find on the
Ethereum market. Digital collectors can get hold of a freshly
minted Tron-powered kitten for a fixed 1,500 TRX or around $135.
What a price range, huh? Until now, the NFT market has been
dominated by Ethereum-based projects. But the wind is changing
pretty fast: the first NFT replicator collections introduced to the
Tron ecosystem rose very quickly. Tpunks, the first NFT project on
the Tron Blockchain was a huge success. The next project,
TronMeebits, reached over $1.2 million in less than a day, it took
about 36 hours to sell 20,000 digital art pieces. And the recent
Bored Ape Yacht Club Tron NFTs conquered the market in a matter of
hours. The hustle doesn’t end there. Tron NFTs have demonstrated
some spectacular results on the secondary market. Tron-based Apes
are rising in value: with their copied NFT primates minted for 1000
TRX each, they are already being sold for no less than 10 000 TRX a
piece. Moreover, recent news from the founder of the Tron
blockchain, Justin Sun, who bought a Tpunk NFT for as much as $10.5
million boosted the market even more. With minting prices that low,
new Tron NFT projects attract more and more attention from
collectors. Seems that the Tron Cool Cats collection will be among
the pioneers of the fast-growing Tron NFT market. Tron Cool Cats
minting has already started, but there are still kittens to mint
according to the information posted on the project’s website. All
Cats are being minted randomly. The minting cost of Tron-living
Cool Cat is fixed at 1500 TRX with no price tiers in the project.
For those looking to form an entire meowing gang, the site does
allow users to mint several cats at once. The project engages NFT
collectors to adopt a big cat family: a 10% Pool is launched for
30+ and 150+ Tron Cool Cat owners. So 10% of the gained value will
be returned back to the most cat-loving representatives of the
expanding Tron-based cat community. The project is launched with
its own marketplace. With the Ethereum-based Cool Cat’s prices that
high, the storm made of Tron-based Cats won’t go unnoticed.
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