Animoca Brands, in collaboration with Coin Operated Group, has made a bold move by acquiring a majority stake in Cool Cats, shaking up the market! Within just one day, the floor price of Cool Cats surged past 0.74 ETH, skyrocketing by 48% in 24 hours and an astonishing 61% over the past week, with trading volume soaring to 112.51 ETH.
Animoca is undoubtedly a giant in the NFT space, and this investment clearly indicates their intention to shake things up with Cool Cats — expanding into new markets, boosting community engagement, and heavily investing in innovation. They even appointed two of their own members to the board, signaling an all-in approach.
In simple terms, when a giant invests, it's a clear signal: the NFT sector is far from dead! With Cool Cats now under the radar of capital, there are definitely going to be upgrades in their future strategies. However, the crypto market is notoriously volatile, and chasing prices can be nerve-wracking. But in the long run, with Animoca backing them, Cool Cats is likely to make some significant waves. For those interested in NFTs, this opportunity is worth keeping a close eye on!
