NFT holders left disappointed by the Elementals sale have dumped their Azukis, pushing the floor price even lower.
The floor price of the main Azuki NFT collection — the lowest available price in the collection — has fallen from 17 ether to 6 ether , according to OpenSeaAn increase in sales has pushed the Azuki floor price lower following the Elementals sale. Image: OpenSea.
As a result, NFT holders are down around 11 ether for each of their main NFTs and 1.15 ether for each NFT they bought in the recent sale. Unsurprisingly, the community has been quite frustrated. Cheong, who repped an Azuki as his Twitter profile picture for a long time, is now selling his collection of four rare NFTs. He had spent 127 ether on the collection.in sales. There were 1,335 NFT transactions on June 27 alone, resulting in 14,800 ether of trading volume, according to Nansen.$34 million in royalties
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