Azuki Value Surges Amid Weeb3 Foundation Alliance Rumors

Azuki, a renowned blue-chip NFT collection, has recently recorded a distinct 33.3% increase in its floor price. Its remarkable surge in value traces back to a retweet courtesy of the Weeb3 Foundation, hinting at an exciting collaboration between the two.

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Although these rumors spark considerable excitement, investor sentiment is mixed. Some investors commend Azuki’s leaning towards cryptocurrencies, while others show worry concerning the project’s future.

Several critics also imply that Azuki would have been better off treading the path set by ApeCoin — launching its tokens at an earlier stage. Adding to this apprehension is the likelihood of legal clashes with the U.S. Securities and Exchange Commission (SEC), considering Azuki’s U.S. operations.

As it stands, the Azuki NFT collection has a floor price of $17,316.63 (7.58600 ETH) and has racked up a 24-hour average sale price of $16,688.76  (7.35 ETH), with a total of 10,000 NFTs held by 4,297 individuals, as per CoinGecko.

Further illustrating its crucial role within the NFT market, Azuki notably ranks 7th amongst the entirety of other ETH-based NFT projects.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.