After a prolonged dip, the NFT space is finally showing signs of recovery. The NFT project Liberty Cats briefly saw its floor price exceed $26,000, with its total market capitalization entering the top 2 among all NFT projects.
Liberty Cats Is now Top 2 NFT Project
According to Magic Eden market data, Liberty Cats’ floor price peaked at over $26,000 and is currently trading at $21,888. Its total market value stands at 1.9 million POL, placing it among the top 2 in the overall NFT rankings. Since April 16, the project team has initiated a phased burn of 2,100 locked NFTs, with 418 NFTs burned so far- including 18 rare and ultra-rare items. Based on the current floor price, the total value of the burned NFTs has reached approximately $9.2 million.
According to CoinGecko, Liberty Cats is currently trending in the top spot.
Launched on April 18, 2024, Liberty Cats has already released the first phase of its AR game. The launch of sub-NFTs is in progress, physical collectibles are set to be released soon, and the official app is currently in beta testing. As per the website, Liberty Cats will hold a 1-year anniversary celebration event on April 18 via its official Discord channel.
The global NFT market cap today stands at $2.97 billion, a 7.0% increase in the past 24 hours. Total NFT sales volume in the last 24 hours reached $3.67 million, representing a 12.1% uptick.
Notably, Liberty Cats’ performance stands out when compared to top-tier NFT projects like CryptoPunks. In fact, just last week, an investor sold a CryptoPunk NFT at a nearly $10 million realized loss, underscoring the continued decline of the once-booming blue-chip NFT market.
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