Free Mints on a Heavy Downtrend Over the Last 24 Hours

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Entering the month of June, the market remained keen on what is being referred to as "free mint meta" with projects such as goblintown.wtf going from a sub 0.01 ETH floor price to above 5.0 ETH.

With the recent pullback in all markets including NFTs, the free mint NFTs have had a good portion of their market cap shaved off within the last 24 hours.

goblintown.wtf which has been the biggest winner of the recent free mint projects is down more than 28 percent over the last 24 hours with other similar projects such as We Are All Going To Die being down 42 percent, ShitBeast down 26 percent, and ill poop it down 33% according to the Lucky Trader Rankings page.

Author Bio

Cameron Ciletti

Cameron Ciletti is an NFT Analyst for Lucky Trader with over four years of writing experience ranging from fantasy sports to NFTs. Cameron is very keen on CC0 NFTs as he believes free usage rights aligns with the values of what Web 3 is trying to accomplish. Cameron is also a big advocate for mental health awareness as he has Bipolar disorder and wants others to know they are not alone in their struggles with mental health. Outside of NFTs, he enjoys playing the board game Catan competitively and the video game Rocket League.

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.