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    Home»Other»The value of Stan Lee’s NFT collection increased by 500%
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    The value of Stan Lee’s NFT collection increased by 500%

    AdministratorBy Administrator25.07.2023No Comments2 Mins Read
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    Stan Lee’s digital collectibles have shown impressive growth, despite the fact that the NFT segment is now going through hard times. The commemorative collection was released in honor of the 100th anniversary of the legendary comic book author. At the same time, Kartoon Studios Inc. has achieved significant success, providing a quick sale of the Stan Lee collection.

    There are currently 8,294 Stan Lee NFT collectibles on the market, priced at $15 each. This product received significant demand, which allowed the distributor represented by Kartoon Studios Inc. earn more than $120 thousand in profit. It is noteworthy that this collection on Monday increased in price by 500%. According to the Veve Collectible, the minimum price of the item against this background reached $81, while the most expensive token reached $749.

    It is worth noting that the impressive success of Kartoon Studios Inc. took place at a time when the segment of non-fungible tokens is going through hard times, since over the past year the demand for such assets has seriously fallen. However, Stan Lee’s storied legacy as the creative inspiration behind popular superheroes such as Spider-Man, Iron Man and the Hulk continues to resonate with fans and NFT collectors around the world.

    As soon as the Stan Lee line hit the market, about 8,000 items were sold out almost instantly. According to experts, such an event revives the enthusiasm for NFTs as a means of digital collecting and art.

    Earlier, the Crypto.ru team reported that the Exchange.art marketplace will soon integrate multi-chain technology. Against this background, support for the Ethereum blockchain will appear. Representatives of the company reported that such an update will take place in early August this year.



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