SNEAK PEEK
- On Sunday, CryptoDickbutts surged in popularity, surpassing a few other renowned NFT collections.
- The least expensive CryptoDickbutt from Series 3 is currently selling for 3 ETH, or just over $5,100, an increase of 31% from the day prior.
- The CryptoDickbutt DAO, which includes well-known individuals like Steve Aoki and Blondish, is in charge of managing the initiative.
On high demand on Sunday, CryptoDickbutts soared, overtaking a few other notable NFT collections. 290 ETH, or around $495,000, in daily trading volume for the Ethereum-based NFTs on OpenSea at the time of writing, has propelled Dickbutts to No. 6 for the day, surpassing more seasoned projects like Goblintown, Cool Cats, and Art Blocks. The volume has increased by 135% over the last week.
The Dickbutts became an iconic component of internet culture after being created by comic book artist K.C. Green in 2006 and being circulated for years in many memes on social media sites like Reddit. The OG collection, a grouping of 161 NFTs on Ethereum, debuted in March 2021. A Series 3 of 5,200 NFTs followed in August of the previous year.
At the time of writing, the cheapest CryptoDickbutt from Series 3 is selling for 3 ETH, or slightly over $5,100, a gain of 31% over the previous day. The Dickbutts floor price has never been higher; it has increased 163% in the last month.
According to NFT Floor Price, it is still just the 34th NFT project in terms of floor price. But the continuous demand for CryptoDickbutts, which is also fueled by meme culture, is reflected in the cryptocurrency‘s constant growth. Some NFT projects lose interest as quickly as they gain it, however, CryptoDickbutts has shown to be durable in that regard.
The project is overseen by the CryptoDickbutt DAO, which comprises well-known figures including Steve Aoki, Blondish, and ProbCause, and has no clear roadmap.
The actual cause of today’s price surge is unknown, but Meltem Demirors, the chief strategy officer of CoinShares and a well-known Bitcoiner with a following of 25,000, may be to blame. To promote “the prophecy and the big explosion,” Demirors held an “emergency” Twitter Space on Sunday.
