MOCAverse NFTs Crater Sends MOCA Token Soaring to $800 Million in Valuation

  • On July 9, Mocaverse NFTs’ floor price fell by 47%.

According to CoinGecko, MOCA, a token designed to compensate owners of Mocaverse NFTs, started with a $72 million market valuation and has already increased 41% to reach $102 million.

MOCA, which has a fully diluted worth of $800 million, last traded for $0.088.

If a Mocaverse NFT holder holds at least one MOCA or Lucky Neko NFT, or if their MOCA ID has at least 1,500 Realm Points (acquired through various ecological activities), they are eligible for a MOCA airdrop allocation. Ten percent of the overall MOCA supply has been designated for award recipients.

The collection’s floor price fell 47% to $5,770 from $10,853 on July 9, according to NFT Price Floor. The asset dropped from 3.55 ETH to 2.20 ETH when expressed in ETH. To mint Mocaverse, users first had to pay $100 for each token.

The airdrop’s rules, which allow qualifying wallets to potentially receive a 40% extra allocation if they wait until October 11 to claim their tokens, may be supporting MOCA’s price performance. August 11 is the cutoff date for claiming the first airdrop.

Mocaverse continues to rank 21st among NFT collections by market valuation at $51 million, despite being the worst-performing top 100 NFT collection over the last week and a half.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Puskar Pande

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