Cool Cats Sees Largest Volume Spike in More Than 30 Days
Cool Cats, which has been stagnant or declining in volume and floor price over the last month, saw a massive uptick in total volume traded today, reaching its highest point since Aug. 11.
Earlier today, the team announced its half off plushies sale with the purchase of a limited-edition holiday sweater and a featured speaking spot at NFT London. But the volume uptick is unlikely to be related to these items.
Whether or not there is a leak or this movement is pure speculation is yet to be seen. But "something big" is brewing, according to at least one Cool Cats holder.
"Cool Cats recently announced town halls would be moved to the last week of each month," Vozzy tweeted. "However, clon tweeted a town hall is taking place on Wednesday next week... something big is in play."
The market agrees, as 14 Cool Cats have sold in the last 30 minutes. Today's total volume traded already eclipsed 100 ETH, something to project has not done since Aug. 11.
The floor price is currently 2.49 ETH, a major increase from sub 2 ETH earlier this week.
This is a developing story. Lucky Trader will provided additional details when/if they are announced.