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- An ironic reflection of the Tulip mania like the status of the current NFT art, the collection appears to be one of its kind
- 1.34 billion tokens at a current market price of $31 will definitely give FLOW a fully diluted market cap of $41.5 billion approximately
- Flow Blockchain was launched in September 2019
- FLOW’s price has jumped to 63%, hitting an all-time high
NFT is getting stronger and more popular as the day passes. Digital Tulips launch has added another feather to the cap of the NFTs popularity. The collection is on sale on the OpenSea.NFT marketplace.
It seems that the NFT craze among the crypto traders is not going to lose its shine for many years now, as the craze is going to the next level with people who are art lovers looking to invest in crypto art. Yes, you read it right. The newly launched NFT Tulip collection has been the talk of the crypto circle and epitomizes how some people take the current state of the crypto art ecosystem.
Tulip mania NFT art collection
An ironic reflection of the Tulip mania like the status of the current NFT scene, the collection appears to be one of its kind. The collection is on sale on OpenSea. NFT marketplace has 113 unique algorithmically generated collectable Tulips. The artist who created these digital Tulips has a Twitter handle by the name @jtbxl. He possesses many pieces for auction on the Rarible Platform.
A Dutch golden age is referred to as a Tulip mania. During the time the prices of some bulbs of the recently introduced Tulips were at the peak, which was overwhelming. However, they fell down dramatically in February 1637. On March 11th an Angel investor, Brad Mills, did a comparison to his 26,000 followers on Twitter. He is of the opinion that in the next 5 years the digital NFT tulip craze will begin like a wildfire. It will be just like buying NFTs from celebrities, sports stars, and social media influencers for tens of thousands of dollars. This is just like buying their hats, shirts for thousands of dollars.
Dapper Labs token ‘FLOW’
Ryan Sean, Investor, and Ethereum supporter are of the opinion that the current NFT market is very frothy. The fully diluted market cap of Dapper Lab’s token FLOW has grown to an extraordinary valuation. 1.34 billion tokens at a current market price of $31 will definitely give FLOW a fully diluted market cap of $41.5 billion approximately. It means that the token will take third place on the market cap charts, just above Binance Coin.
As per the Coingecko news, CryptoKitties was launched by Dapper Labs and the record-breaking NBA Top Shots NFT Collections. Dapper Labs put its soul and life into the project to make it widely popular.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
