Can(to) You Believe It?

Canto, a Layer-1 blockchain built to deliver on the promise of DeFi, has experienced a rise in NFT trading over the last few days headlined by the report of a $45,000 sale of a Canto Longnecks NFT.

❗ Why It Matters

NFT traders often speculate on the first projects on a new chain as a way to make high risk and reward plays. The emergence of the Canto blockchain and its NFT ecosystem could be fueled in a similar manner, headlined by the aforementioned sale of a 1/1 Canto Longneck.

🎤 Community Quotes

canto NFT ecosystem is speedrunning the ETH NFT ecosystem, just with 100x less volume. today, the canto userbase has discovered art NFTsSisyphus

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Author Bio

Lennster

Certified NFT Bag Holder. Entered into the NFT space in 2021 and hasn't left since. Learning to code and on a mission to get abs in 2023.

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.