CryptoDickbutts NFTs’ floor price surged by 690% on Sunday, surpassing a handful of other noteworthy NFT collections in terms of elevated volume.
On Sunday, Ethereum-based CryptoDickbutts NFTs’ daily trading volume on OpenSea surged by 690%, bringing it to Ξ 290, or roughly $502,800 at current prices. The increase catapulted the NFT collection to the number six ranking that day, leapfrogging several noteworthy projects like Bored Ape Yacht Club (BAYC), Moonbirds, and Goblintown.
One Twitter user even noted that the CryptoDickbutts had flipped Cool Cats, a 9,000+ piece NFT collection, in terms of floor price.
What Is CryptoDickButts NFT?
Before becoming the resurging collection it has been the past few weeks, the CryptoDickButts NFT project was initially called Dick Butts and was a 2006 creation by comic book artist K.C. Green. Originally, there were only 161 CryptoDickButts NFTs in the first collection released in March 2021.
However, there was a continuing demand for the NFTs, eventually leading to a Series 3 collection of 5,200 NFTs released several months later in August. This iteration ranked pieces based on traits such as butts, shoes, hats, and skins.
The most notable pieces among the Series 3 collection were 14 “legendary” one-of-one NFTs, with one selling for Ξ 69, or about $246,744 at the time, in October. It practically started as a joke among the first CryptoPunk holders. Nevertheless, the CryptoDickButts NFT holders became a community unified by the awareness that despite its uncanny visuals, the collection exemplifies the underlying canons of decentralization.
At this time of writing, the floor price of CryptoDickButts S3 currently sells for Ξ 3.80 or just over $6,500. That’s an over 60% surge in the last 24 hours. It is probably the highest ceiling for the Dickbutts; its floor price has been up 163% in the past month alone.
And while it ranks 25th overall in terms of floor price when looking at the bigger picture that NFT Price Floor painted, the steady rise of CryptoDickButts NFTs underscores two things. One, it reflects the core enthusiasm behind the community, and two, it shows continued demand for it, partly driven by meme culture.
Such is a testament to the resiliency of CryptoDickButts as far as public interest goes. Because while some NFT projects are “one-hit wonders,” fading out of popularity just as quickly as they skyrocketed, the DickButts are still here and fighting.
No Roadmap for CryptoDickButts NFTs
The NFT collection doesn’t have a roadmap, but the CryptoDickbutt Decentralized Autonomous Organization (DAO) governs it. Any verified holder of CryptoDickButts NFT is welcome in the DAO. This DAO includes several famous names like Steve Aoki, ProbCause, Sartoshi, and Blondish.
It may be difficult to pinpoint precisely why the NFT collection’s price is surging today. However, Meltem Demirors, Chief Strategy Officer of CoinShares and a famous Bitcoiner with over 250,000 followers on Twitter, may have lighted the fire burning brightly over the Dickbutts.
Demirors hosted an “emergency” Twitter Spaces on Sunday to talk up “the prophecy and the epic bang.” She declared on her spaces, “The Dickbutt community has always been about one thing and one thing only, and that is the universal truth that one D equals one B… I also think that commenting on prices defeats from the overall objective here. Dickbutts are not about investing. Dickbutts are a culture.”
Get more news updates
Get more NFT news updates at Omnimint News. For more information on Omnimint, and details on how to join our community, please follow our Twitter, or subscribe to our Telegram channel for more updates, and please feel free to submit your article.