With its sales skyrocketing throughout this week, the Goblin Town NFT project has emerged as one of the top new NFT projects of the week.
The project has claimed the second-most coveted spot on OpenSea in terms of trading volume in the last 7 days.
Launched in mid-May, the collection derives its name from a bearish crypto market sentiment called Goblin Town. It has managed to soar past the premium Bored Ape Yacht Club NFTs, Imaginary Ones NFT, and Invisible Friends NFT project in terms of trading volume and sales.
Let's take a look at what the new Goblin Town NFT project is all about?
Everything You Need To Know About The Goblin Town WTF NFT Project
Critiqued as an "irreverent NFT" project by several media sources including Dappradar, the Goblin-town NFT project comprises 10,000 unique goblins sporting rare styles and characteristics for the users to own and trade.
Launched on May 22, these NFTs are built on the Ethereum blockchain and boast a floor price of 2.68 ETH at the time of writing.
Labelled after a bearish crypto market sentiment, the growing popularity of these NFTs can be attributed to an element of CCO attached to it. This generally means No Copyright Reserved in common marketing lingo.
This indicates that these goblin NFTs are free to be repurposed as per the owner's discretion.
The project does not have any Discord channel, nor does it possess a proper roadmap or utility attached to it. And this is on purpose, making it a rather unique NFT project in the digital space.
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Goblin Town NFT Price
At press time, The goblin topwn NFTs are trading at a floor price of 5.08 ETH
Despite the crypto market momentum currently projecting a bearish stance, the prices of these goblins continue to rise.
The collection also includes some rare goblins sporting unique avatars. These sold at a whopping 69.42 Ethereum ($136,207) on LooksRare.