Following the U.S. Securities and Change Fee’s (SEC) expenses towards Stoner Cats, the NFT challenge backed by Mila Kunis, the digital collectibles have witnessed a staggering surge in gross sales, hovering by a big 2,433% inside a mere 24-hour span. On September 14, the Stoner Cats’ ground worth skilled a notable uptick, surging to 0.084 ether.
SEC Crackdown Boosts Stoner Cats’ Secondary Gross sales
Within the wake of the SEC’s actions towards the Stoner Cats NFT challenge, there was a big increase in each ground worth and commerce quantity for the digital assortment. In response to information sourced from opensea.io and nftpricefloor.com, the ground worth reached a excessive of 0.084 ETH, which interprets to roughly $136. Previous to the SEC’s intervention, the Stoner Cats’ ground worth was hovering round 0.0189 ether, equal to $30.73 based mostly on the prevailing ETH change charges.
Opensea 24 hour gross sales on September 14, 2023.
Stoner Cats is an NFT assortment with a hashish theme, linked to an animated collection depicting feline characters having fun with leisure time with an aged girl getting stoned. The present’s creators are Mila Kunis and her husband, Ashton Kutcher, and it prominently featured Seth MacFarlane from “Household Man,” together with Chris Rock and Jane Fonda. Based mostly on information from opensea.io and cryptoslam.io, the challenge is held by a variety of distinctive addresses, estimated to be between 3,863 and 5,192.
In response to cryptoslam.io metrics, Stoner Cats has generated $28.16 million in secondary gross sales since its launch in July 2021. The challenge contains 10,420 Stoner Cat NFTs, every bought at 0.35 ETH through the authentic sale. Since July 2021, a complete of 9,091 consumers have acquired a Stoner Cat NFT, with a median holding interval of 10.72 days. Among the many 3,000 to five,000 holders, one tackle (0xfc9) possesses 451 NFTs, constituting 4.33% of the Stoner Cats assortment. One other tackle dubbed “coco.eth” holds 350 or 3.36% of all of the Stoner Cats minted.