Can the Renga NFT Pump Reach Great Heights?
Renga's price has skyrocketed, and some commentators have compared its rise to the beginnings of the Bored Ape Yacht Club.
Renga takes action.
If you're not familiar, Renga is a 10,000 character collection created by artist DirtyRobot. The Renga universe is more compatible with the NFTs. In a nutshell, RENGA is the art of telling stories.
The floor price increased by 3x, from 0.77 ETH to 2.9 ETH, in just the past week.
Clean Robot?
Some folks might not be familiar with Dirty Robot. One of the fundamental members of the team, who makes up a significant portion of it, is on Crypto Kitties.
In order to "tease out" the project, artist Dirty Robot first produced a collection titled "Art of Seasons" (NFT people eat this up!).
This also implies that there isn't much information currently available about what the project is or might be, which we've seen drives up prices.
The entry price for The Art of Seasons is now only 0.38 eth, but Renga currently has a floor price of almost 3 eth.
The signal was found.
Early detection of the signal by the well-known NFT signals trading platform NFT Signals resulted in investors making a sizable profit.
They employ a unique method that entails keeping an eye on whale wallets to determine what whales are collectively purchasing.
According to the argument, whales must understand how to produce money in order to exist as whales. Their weekly Twitterspace was able to effectively identify the signal (You can re-listen to the recording).
For more info on NFT signals, check out:
- Website: https://www.nftcrypto.io
- Free telegram signals: https://t.me/NFTCrypto_IO
- Twitter: https://twitter.com/NFTCrypto_io