Despite Animoca Partnership, Web3 Leaders Split on MILK

Despite Animoca Partnership, Web3 Leaders Split on MILK

Yesterday the Cool Cats announced a strategic partnership with Animoca Brands to tap into Animoca's deep gaming expertise. 

Yet, despite the announcement, some web3 leaders are on opposite sides of the news. 

 

While Mando sees potential upside with $MILK, Rug Radio founder and longtime Cool Cats holder and advocate, Farokh, doesn't presently see value in $MILK, or the Cool Cats' companion - Cool Pets. 

He said in reply to Mando's tweet, "The only issue is $MILK has no value and Cool Pets don't either as far as I'm concerned...Would love to see what's next for MILK and pets." 

The Cool Cats' $MILK token is up nearly 4 percent over the last 24 hours, and more than 35 percent in the last month according to CoinGecko, but the utility token for the Cooltopia gaming universe is down 99 percent from its all-time high price of $0.187 on Feb. 18. 

A day after his tweet, Farokh accepted an offer of 5 ETH on Cool Cat #6278, registering a 10 ETH loss on the sale. 

Nevertheless, the Rug Radio founder has remained adamant about his support of the Cool Cats project and still holds at least three Cool Cats NFTs and 18 Cool Pets NFTs at the time of writing. 

On top of the Animoca partnership, the Cool Cats recently announced former Disney executive Stephen Teglas as CEO. 

More about Cool Cats

Cool Cats is a collection of 9,999 unique, randomly generated cats on the Ethereum blockchain. All cats are cool, but the Cool Cats that have a complete outfit find themselves in different rarity tiers. Cool Pets, a companion collection that was airdropped to Cool Cats holders, function as playable characters in the project's "Cooltopia" game.

At the time of publish, the Cool Cats floor price sits at 1.979 ETH, and has stayed relatively flat over the past 24 hours on 25 ETH volume of transactions. Over the last 30 days, 22 sharp wallets have sold 31 NFTs and 3 sharp wallets have bought 3 NFTs in the Cool Cats collection. Catch up on other recent Cool Cats news here.

Recent Cool Cats Sales

#3276sold at 12/06 6:12pm for
1.94
#742sold at 12/06 6:12pm for
1.87
#1194sold at 12/06 6:12pm for
3.19
#7101sold at 12/06 4:12pm for
2.31
#4793sold at 12/06 1:12pm for
2.10

Recent Cool Cats Listings

#1538listed at 12/06 7:12pm for
2.60
#1538listed at 12/06 7:12pm for
2.60
#7959listed at 12/06 7:12pm for
2.20
#7959listed at 12/06 7:12pm for
2.20
#164listed at 12/06 6:12pm for
2.47
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.
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