Decoding the performance of Azuki’s latest NFT collection ‘BEANZ’
With NFTs becoming the most sought-after thing of late, a number of investors are turning their attention toward buying, trading, and selling NFTs. With BAYC, MAYC, Doodles, and many such popular NFTs in the market, Azuki’s latest NFT collection called BEANZ Official is set to join the ‘NFT Cool Club’.
At the time of writing, the average price for one BEANZ NFT was 7.119 ETH on 6 May, whereas the average price for one NFT as of 5 May was 5.926 ETH.
As per data from OpenSea, the NFT collection witnessed a spike of 853.61% in the last 24 hours and 420.61% in the last seven days. Furthermore, the average number of sales as of 5 May was a mere 150, whereas the number of sales soared to 1,371 as of 6 May.
Source: OpenSea
Despite the most popular NFTs witnessing a slowdown with regards to their sale, the BEANZ Official NFTs seem to be following a different path.
On 1 April, individuals that held NFTs from Azure’s previous collections were sent surprise airdrops that turned out to be the GIF of a pile of dirt with an announcement stating that something was coming up. The surprise airdrop did lead to some hype around the collection but fizzled out very quickly.
However, as of 5 May, the NFT collection was revealed. The pile of dirt that was airdropped to the users witnessed tiny BEANZ popping out, thus revealing that the airdrop was in fact Azuki’s latest NFT collection.
Furthermore, Azuki Twitter handle went ahead to notify NFT owners of the BEANZ reveal and after the reveal of the ‘beans’, several users took to Twitter to state the pairing of the new beans with their owned Azuki NFTs.
Despite stats on OpenSea pointing toward a success story for Azuki’s latest collection, data from Dune Analytics states otherwise. The OpenSea daily
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