Casual Sloths, a 4,444-edition collection from @PinkMuzzle, has revealed in Lucky Trader's Asset Explorer.
The floor price on the collection has fallen from 0.12 ETH to 0.079 ETH after the Monday 1 p.m. ET reveal, a typical trading pattern known as the post-reveal dip, where sales migrate toward rare assets and those holders who were hoping for rare NFTs sell their common assets.
While the floor has dipped, profitable traders are trading the NFT heavily, with 348 sharp wallets (those that have made more the 50 ETH of profit) buying into the project and 155 sharp wallets selling in the past 24 hours.
Casual Sloths is held by 11.25 percent of profitable wallets — more than projects such as Anonymice (10.55 percent owned) and Gutter Rats, which is 11.16 percent owned by profitable wallets.
Author Bio
TD Marquis
A veteran journalist and editor with more than a decade's worth of experience, TD helped a small community newspaper in Vermont win a New England Newspaper Association Right to Know Award in 2014. TD helped compile five years' worth of invoices to uncover a long-established practice of small-town government officials paying themselves six figures to do small jobs around town.
TD discovered NFTs with Top Shot in 2021 and his first NFTs on ETH were saving two Mooncats. He is now the proud owner of Rowhome #61 and 1,300 other NFTs of questionable value.
He also sent 4 ETH to a fake Mekaverse site and wants Lucky Trader readers to avoid the same fate.
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.
