A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has recorded $22. 85 million in sales this week surpassing Otherdeed’s $20. 73 million. Goblintown had $2 at the time of writing. 26 million in sales during the past 24 hours, and the collection’s floor value jumped 103.2% higher today, to a daily high of 2. 79 ether.

Mysterious Free-to-Mint Goblintown NFT Collection Captures Millions

The latest NFT collection turning heads this week is a project called Goblintown, an NFT compilation consisting of 9,999 goblins. The NFTs were free to be minted and gained real-world value over the years. This is why the project was so popular.

Without any frills, major promotions, or commercial hype, by May 23, 2022, Goblintown’s floor value was 0.5 ethereum (ETH), and its increased 458% to 2. 79 ETH by Sunday evening on May 28. The project officially launched on May 22 and the only way people heard about it was through word of mouth. Goblintown NFTs had become expensive by the time word spread around the crypto campfire.

Goblintown’s Twitter account currently has 37,400 followers today and current metrics show 4,725 owners hold at least one Goblintown NFT. Visitors arrive at goblintown.wtf when they click on a tab that says: “Fing Enter.” After entering, it will say “Sold Out Fers ” and “F”. Current metrics show 4 000 owners have at least one Goblintown NFT).

At the time of writing, weekly NFT sales metrics show that Goblintown recorded $22. 85 million in sales volume since May 22, and Goblintown is currently the top-selling NFT project this week. The project is the most popular today, but no one knows where it came from or who is behind it.

GoblinTown holding the whole NFT market right now…

… @goblintownwtf #goblintown #goblintownwtf #goblin #nft #nfts #bayc #crypto #mayc pic.twitter.com/oDjtmzSunY

— John Savage (@johnsavage_eth) May 28, 2022

There’s been a slew of unfounded rumors that the American DJ Steve Aoki or Yuga Labs are behind the NFT collection. Goblintown’s sellers have made a lot of money because the project has gained significant value in just a week.

One Goblintown trader during the past seven days profited by 5,039% and another trader made a 264% profit in five days. The most expensive NFT sold from the collection during the past seven days is Goblintown 8,995, which sold for 69. 42 ether or $136K. Goblintown 5,948 sold for 26 ether or $51K and Goblintown 7,944 exchanged hands for 27 ether or $46K.

The Goblintown collection’s sales this week have been helpful to the NFT industry’s sales, in general, as the NFT economy has been dealing with its first crypto bear market.

What do you think about the mysterious Goblintown NFT project that has been capturing a significant number of sales during the past seven days? Please comment below to let us know your thoughts on this topic.

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