Cat-themed NFTs seem to be in trend, even in an ongoing bear market. Previously, Cool Cats NFTs soared by 14% with a strategic investment from Animoca Brands. Currently, another feline NFT collection, The Angry Cat NFT, is enjoying unexpectedly great numbers in these volatile NFT market conditions.
On top of that, the founder of Angry Cat NFT is a well-known Chinese entrepreneur, who founded the W+ Startup community to provide young people with opportunities and tools to realize their ideas. With a strong social influence, Chris Defi seeks to accelerate crypto adoption by providing young entrepreneurs with job opportunities in the sector.
Angry cat @angrycat_nft is a cultural identity. A clean collection of 10,000 different cats to build an interesting brand and cat-city. pic.twitter.com/BYO8jnZmfs
— NFT Hunter (@NFTs_Hunt) October 10, 2022
Angry Cat NFTs Are Smashing It On Coinbase
According to the beta version of Coinbase NFT, the overall 24-hour trading volume for the Angry Cat NFT has surged by 334%, totaling in 110 Ethereum (ETH). The vexed kittens seem to have surpassed popular NFT projects like QQL Mint Pass NFT, YOLO Bunny, Moonbirds, Pudgy Penguins, Azuki NFT & The Chimpsons. However, it’s still slightly trailing Yuga Labs’ top hits like Otherdeed for Otherside and Bored Ape Yacht Club (BAYC), which have a trading volume of 139 & 245 Ethereum (ETH), respectively.
On the other hand, the Angry Cat NFT collection had made a name for itself on the most popular NFT platform OpenSea. For instance, the Meowna Lisa was sold for 0.20 of Ethereum (ETH) on the secondary market, while the cheapest regular Angry Cat NFT collection piece costs 0.292 Ethereum (ETH), which converts to about $373,2735.
— Angry Cat (@angrycat_nft) October 10, 2022
China Loves The Angry Cats
Interestingly, the Angry Cat NFT found its audience in China, where cats are prominent in pop culture. It is no secret that cats & the internet is a recipe for success, however, that also brings extra competition for NFT artists, who might not get noticed if their cat-themed NFT project lacks uniqueness. Moreover, it looks like the younger generation in China & Japan can relate to the emotions portrayed in the Angry Cat NFTs, therefore the project receives a fair amount of social mentions.
我的生气猫猫cos吧，不说一模一样，简直毫无关联哈哈哈@angrycat_nft @skipperfund#angrycat #NFTCommuntiy pic.twitter.com/ecrr4njzEV
— Vvicky绵绵 (@Vicky9999991) October 11, 2022
On the Flipside
The NFT trading volume has crashed by an eye-watering 97% from its 2022 pinnacle.Why You Should Care
Making socially relatable, high-quality NFT projects can significantly increase crypto adoption speed around the globe.
Get involved in the latest NFT action with these publications:
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NFTs, zz_index, zz_popular, zz_top, ZZZ Native, Angry Cat, Coinbase, OpenseaRead More
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