As the cryptocurrency market experiences a drastic drop that has brought the price of Bitcoin back into the $31K range (down 52% from its all-time high of $69,000), Matrix Plus Boxes (MPB), the exclusive NFT collection from Maye Musk (Elon Musk’s mother) is up 50% in the last 24 hours, according to data from the RACA Marketplace.
According to that data, at the time of writing, the last amount paid for an MPB, Matrix Plus Box#1862, was 27,000,000 $RACA. The oldest one sold within five days, Matrix Plus Box #288, sold for 19,888,888 $RACA. At the time of writing, the floor price for an MPB is above 27,000,000 $RACA.
Furthermore, when analyzing the sales history of the Matrix Plus Box on the RACA marketplace, it is possible to see that its value in $RACA has been rising over the last 30 days.
According to Fuming C., head of business development at RACA, this increase reflects the strength of the RACA community that has been driving the adoption of RACA and the power of the entire ecosystem around the project.
RACA has many products, including an Ethereum-based NFT platform, OpenPFP.com, the USM Metaverse, the P2E Metamon World, and exclusive NFT collections like MPB.
In the last 24 hours, it moved over 861,855,106 in $RACA in a total of 4,792 transactions, making the RACA NFTs market the TOP #1 in volume among all the marketplaces built on BNBChain, according to data from DappRadar.
😍Users now can track balance, user numbers, transaction volume & etc🎉
— BSCDaily (@bsc_daily) May 10, 2022
Recently, RACA announced that its Ethereum-based NFT marketplace, OpenPFP.com, has moved over $40 million of NFTs within 30 days of its launch.
Compared with other Ethereum-based NFT markets using data from DappRadar (on May 6), this trading volume makes OpenPFP one of the five largest Ethereum-based marketplaces in the cryptocurrency market by volume.
The performance of Radio Caca’s OpenPFP should be celebrated given the current bear market in the cryptocurrency market and the short time since its launch as OpenPFP.com, which was launched on March 28.
Among the most traded NFT collections on OpenPFP are Terraforms, Dotdotdot, Bored Ape Yacht Club, Azuki, and Mutant Ape Yacht Club. In addition to being a simple and intuitive platform built for trading NFTs on Ethereum, OpenPFP currently has one of the lowest fees on the market at 1%, compared to OpenSea’s 2.5% and LooksRare’s 2%. This low fee will continue until July 16, when the fee will increase to 2%.
It's been only one month after launch, but our @OpenPFP NFT Marketplace has already passed $40 million in trading volume! (Data as of April 28)
Fees are currently one of the lowest in the industry. pic.twitter.com/5gfrr465Vi
— Radio Caca (@RadioCacaNFT) May 4, 2022
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.