Market Update | 'ORI' Up 45% in Early Trading

Market Update | 'ORI' Up 45% in Early Trading

Today's Art Blocks Curated drop "ORI" by James Merrill is up 45% in early trading on the OpenSea marketplace.

ORI minted out its supply of 450 at the 1.2 ETH final price, with about 10 percent of the supply minted in the 1.5-1.7 ETH range. The floor quickly rallied to 1.8 ETH on large volume along with several high sales of over 3 ETH, with the top sale currently at 5 ETH.

This was an interesting "heat check" moment for Art Blocks mints, as the ecosystem has major tailwinds headed into last week's crypto crisis, but has since lost some momentum (and volume). Monday's Art Blocks Presents drop "Fleur" ran 40 percent in early trading but quickly fell back below the mint price, leading to some community concern on price action today.

The price action has been strong so far. Here are some key metrics:

  • Total trading volume: 363 ETH
  • Floor price: 1.75 ETH
  • Percent listed: 37%
  • Unique owners: 69%

Read more about the project here.

More about ORI by James Merrill

At the time of publish, the ORI by James Merrill floor price sits at 1.59 ETH, and has stayed relatively flat over the past 24 hours on 2 ETH volume of transactions. Over that same timeframe, no sharp wallets have bought or sold NFTs in the the ORI by James Merrill collection. Catch up on other recent ORI by James Merrill news here.

Recent ORI by James Merrill Sales

#375000169sold at 12/01 11:12pm for
#376000161sold at 12/01 7:12pm for
#381000022sold at 12/01 4:12pm for
#376000274sold at 12/01 4:12pm for
#379000262sold at 11/30 8:11pm for

Recent ORI by James Merrill Listings

#381000090listed at 12/02 12:12pm for
#381000044listed at 12/02 11:12am for
#379000240listed at 12/02 7:12am for
#379000191listed at 12/02 7:12am for
#381000122listed at 12/02 5:12am for
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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