X-Copy’s Max Pain Open Edition Raises $23 Million in Just 10 Minutes

Mon, 28 Mar 2022 11:32:03 +0000

XCopy Max Pain NFT 23 Million

Legendary NFT artist, XCopy, once again sent the non-fungible world into a frenzy with his latest collection, resulting in the star creator accumulating an insane $23 million in ETH in just 10 minutes.

The latest drop saw epilepsy inducing X-Copy creation, Max Pain, take centre stage, arriving in a whirlwind 10-minute sale on the NiftyGateway marketplace. During which, fans had just a small window to claim one of the unprecedented collectibles.

During the time sensitive event, collectors were offered an unlimited number of NFTs at 1 ETH a pop. Once the timer reached zero however, the opportunity to mint further items was lost forever. When the dust had settled, and the frenzy abated, 7,394 NFTs had found a new home, and XCopy was 7,394 ETH better off.

At the time of sale, each NFT sold for approximately $3,108, while at the time of writing, the floor price stands at $4,300. What happens next however, will rely heavily on the demands of the market. Most importantly, whether people remain prepared to spend relatively large sums on one of 7,394 identical items.

Going forward, the community is awash with speculation as to how XCopy will use the new found funds. Specifically, how much, if any, will return to the NFT sphere as liquidity.

Check out Max Pain >> Here

Want more? Connect with NFT Plazas

Join the Weekly Newsletter
Join our Discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram

*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.

The post X-Copy’s Max Pain Open Edition Raises $23 Million in Just 10 Minutes appeared first on NFT Plazas.

Copyright Reserves © 2022. All Rights Reserved.