Cool Cats NFTs Soar 14% as Animoca Brands Announces Investment

The Cool Cats just got even cooler with support from Animoca Brands.

cool cats soaring price bue cat

The iconic digital cats have just made new friends in the Web3 space. Animoca Brands, the company focused on digital property and metaverse, has announced a strategic investment plan into Cool Cats NFTs.

It’s GAMEE Time for Cool Cats

Previously, the Cool Cats NFT project signed a partnership with GAMEE, a subsidiary of Animoca Brands. The deal took off on September 1st, 2022, and brought the Web3 enthusiasts exclusive NFT airdrops as well as members-only contests. Yat Siu, the Executive Chairman of Animoca Brands, explains the choice for collaboration: “Cool Cats NFT is a leading example of metaverse native IP based on the principle of decentralized ownership,” says the co-founder of the leading blockchain gaming enterprise.

Cool Cats NFT Floor Price Surges

Right after the announcement, the floor price for the blue-chip Cool Cats NFT collection skyrocketed by 14%. At press time, the 22-ranked Ethereum (ETH) NFT project has a price floor of 3.4 Ethereum (ETH), which converts to $4,608.29. The NFT avatar project has enjoyed success for the past month: the Cool Cats NFT floor price has risen 65.85% since September, and NFT sales have tripled in the last 30 days.

Cool Cats Reveal Next Cool Comics

Furthermore, the Cool Cats NFT community posted a message on Medium to explain what’s coming up next in relation to the Cool Comics. The first edition of the digital comics series has been “a raging success,” so the NFT project just launched an animated comic on YouTube.

100 of the Cool Cat Comics were airdropped to Cool Pet NFT holders, but there are 25 more to go. While 20 of them were given to the developers of Cool Cats NFT as an appreciation for their hard and dedicated work, there are 5 more to be airdropped. These Cool Cat Comics will find their owners in the upcoming giveaways. In addition, there’s going to be a physical Cool Cats Comic claim in early October, so owners of the feline blue-chip NFT have a lot to look forward to.

Why You Should Care

The valuation for the Web3 gaming giant Animoca Brands stands at $5.5 billion. The partnership can significantly increase the total NFT market cap.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.