NFT Azuki: Base price has risen 47% in the past month

The NFT Azuki collection, known for its profile images widely used in the crypto-community, has experienced a significant 47% increase in its floor price over the past month. The floor price has gone from 3.7 ETH to the current 5.3 ETH.

Azuki is a collection of NFTs that represents 10,000 unique generative NFT avatars inspired by anime-style artwork. They are commonly used as profile images in the crypto community. The collection was launched in early 2022 and had all 8,700 Azuki NFTs available for minting, which were initially sold for 1 ETH each in a Dutch auction that sold out in just four minutes. Additionally, some of the remaining NFTs were minted through a private whitelist sale, priced at 0.5 ETH each.

As of now, there are around 4,219 unique owners of the NFT Azuki collection. However, the price history of the collection has been quite dynamic. After the launch, the floor price peaked at 31.8 ETH on April 3, 2022. It then experienced a drop to as low as 8.3 ETH on May 11, 2022, and fluctuated while staying above that floor price. In July 2023, the floor price dipped below the threshold, touching 6.43 ETH, and even went down to 3.55 ETH in August. The recent month has seen a notable increase in the price of the collection.

In June 2023, Azuki introduced its new Elementals collection, consisting of 20,000 NFTs on Ethereum. The initial sale was conducted through a Dutch auction starting at 2 ETH per NFT. The idea behind this expansion was to provide additional profile images to the original anime-themed project. Previous owners of NFT Azuki received one of the Elementals, leaving the other half of the supply for public sale.

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