Bitcoin News and Finance Mila Kunis and Ashton Kutcher’s Stoner Cats NFT Sales Surge by 2,433% After SEC Charges Skip to main content

Mila Kunis and Ashton Kutcher’s Stoner Cats NFT Sales Surge by 2,433% After SEC Charges

Mila Kunis and Ashton Kutcher's Stoner Cats NFT Sales Surge by 2,433% After SEC Charges

Following the U.S. Securities and Exchange Commission’s (SEC) charges against Stoner Cats, the NFT project backed by Mila Kunis, the digital collectibles have witnessed a staggering surge in sales, soaring by a significant 2,433% within a mere 24-hour span. On September 14, the Stoner Cats’ floor value experienced a notable uptick, surging to 0.084 ether.

SEC Crackdown Boosts Stoner Cats’ Secondary Sales

In the wake of the SEC’s actions against the Stoner Cats NFT project, there was a significant boost in both floor value and trade volume for the digital collection. According to data sourced from opensea.io and nftpricefloor.com, the floor value reached a high of 0.084 ETH, which translates to approximately $136. Prior to the SEC’s intervention, the Stoner Cats’ floor value was hovering around 0.0189 ether, equivalent to $30.73 based on the prevailing ETH exchange rates.

Stoner Cats is an NFT collection with a cannabis theme, linked to an animated series depicting feline characters enjoying leisure time with an elderly woman getting stoned. The show’s creators are Mila Kunis and her husband, Ashton Kutcher, and it prominently featured Seth MacFarlane from “Family Guy,” along with Chris Rock and Jane Fonda. Based on data from opensea.io and cryptoslam.io, the project is held by a range of unique addresses, estimated to be between 3,863 and 5,192.

According to cryptoslam.io metrics, Stoner Cats has generated $28.16 million in secondary sales since its launch in July 2021. The project comprises 10,420 Stoner Cat NFTs, each sold at 0.35 ETH during the original sale. Since July 2021, a total of 9,091 buyers have acquired a Stoner Cat NFT, with an average holding period of 10.72 days. Among the 3,000 to 5,000 holders, one address (0xfc9) possesses 451 NFTs, constituting 4.33% of the Stoner Cats collection. Another address dubbed “coco.eth” holds 350 or 3.36% of all the Stoner Cats minted.

What do you think about the Stoner Cats’ collection jumping 2,433% after the SEC crackdown? Share your thoughts and opinions about this subject in the comments section below.

Comments

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Blogarama - Blog Directory