HyperNFTs Sell Above $400,000 Following HyperLiquid’s Airdrop
Early adopters of Peptuals-based layer-1 blockchain HyperLiquid have been rewarded handsomely after the HyperFoundation finally airdropped the long-awaited Hyperpurr Invulnerable token set.
At the time of writing, Hypurr NFTs have a floor price of 1,458 Hyperliquid (HYPE) or around $68,700 according to OpenSea data.
However, eye-catching sales have taken place above this range. The HYPUR #21 NFT featuring the ultra-rare “Knight Ghost Armor” and “Knight Helm Ghost” features $9,999 HYPE worth $467,000 on Sunday.
Pre-launch demand was so high that earlier this month, according to DripTrade data, some NFTs were selling for up to $88,000 on OTC tables.
Such transactions are made possible by DripTrade's OTC system, which allows buyers and sellers to agree on a set sale price before it starts. The seller must execute the trade within seven days of receiving the NFT or terminate the collateral provided as part of the agreement.
Amid the global cost-of-living crisis, the novelty of receiving a free digital cat photo worth more than some people's annual salary has not been lost on the crypto community.
“CT is really a special place in hell. You have the average person struggling to find or buy groceries and you have people posting $50,000 hyperliquid cat NFTs you've got,” X user MoonOverlord said.
Related: Vesting NFTs High Daily Volume Chart: CryptoSlam
DidiTrading Says: “I just received the $50k Hypur NFT. I'm usually not good at guessing these things so I'll give the market some time to balance before I decide what to do.”
Are Hypurr NFTs Set To Take Over The Market?
The Hypurr NFTs were deployed at HypurEVM on Sunday and feature cartoon cat avatars in various features.
NFTs were primarily issued to participants who were most active in the November 2024 “Genesis” event, which revolved around the launch of the HYPE token.
There are 4,600 NFTs in total, with 4,313 going to Genesis event participants and the rest split between Hyper Foundation and Core Project contributors, according to a post on X on Sunday.
“The goal of the Hypurr NFT collection was to share a memory with those who believed in and contributed to the development of HyperLiquid early on. Each NFT is unique and captures the diverse passions, hobbies, tastes, and controversies of the HyperLiquid community as defined by HyperLiquid,” reads the HyperFoundation post.
In terms of 24-hour volume, OpenSea data shows that 952,000 HYPE changed hands, worth $44.6 million at current prices.
Magazine: ETH co-founder moves $6M ETH, crypto index ETF expands: Hodler's Digest, September 21 – 27
