Crypto Investors Roleplaying as Pee-Obsessed Goblins to Cope With Crash

Credits: https://cryptonews.com/

In a clip of a Twitter Space that went viral, crypto purchasers can be heard saying, “Let’s eat, eaaaaat,” before the tape devolves into guttural yelps and one person attempts to talk normally in the background. The Space was stated to as “aaaaaaauuuuuuuuGGGhhhh,” and it continued for two whole hours after the goblins started moving about.

The Twitter Space (listen to the full thing here) was a part of a brand new NFT endeavor known as Goblintown. wtf, which has garnered rapid notoriety in the midst of the current cryptocurrency meltdown. The bare minimum for a settlement to be considered a Goblintown. The current value of each NFT is over $4,000 in ETH, and the project has seen moreover $18 million in total trade volume. The following is OpenSea’s description of it:

As a result of the popularity of self-deprecating memes and do compost about cyclical collapses among crypto purchasers, all of this makes perfect sense. In addition, the artwork for Goblintown.wtf is a cut above what the majority of NFT projects bring to the table, which has led some people to speculate, despite the fact that there isn’t much proof to support this theory, that well-known NFT fan Mike Judge is behind it, for some reason (the Goblintown.wtf account has also retweeted some of this speculation). The website for Goblintown.wtf is also well-designed. In addition to that, there are a lot of memes that are linked to urinating. The truth about what’s going on is presented in a straightforward manner. “No roadmap. There is to be no discord. According to the website, it has “no usefulness.”

The cryptocurrency market may now be in Goblin Town, much to the delight of its most vocal detractors, but investors in the highly volatile and speculative cryptocurrency space have never been in any other state than goblin mode.

The terrifying creature-themed non-fungible tokens (NFT) project Goblin Town has surpassed the popular non-fungible tokens project Bored Ape Yacht Club (BAYC) in terms of sales volume during the previous twenty-four hours.

According to the NFT data aggregator CryptoSlam, the project has sold nearly 8.5 million US dollars in the past day, reflecting a rise of slightly under 1,000 percent over the previous day (as of 11:15 UTC on Thursday).

Yuga Lab’s BAYC collection, on the other hand, has produced little more than USD 2.8 million in sales in the previous twenty-four hours, which is approximately three times less than Goblin Town. Currently, Goblin Town is at the top of the list in terms of sales volume, but BAYC has moved up to the second place.

The price for the new project has also risen dramatically, reaching ETH 1.94 (USD 3,535), a 244 percent increase over the previous day. Furthermore, the collection has attracted 1 949 new buyers on the previous day, representing a 336 percent raise over the previous day.

The Goblin Town NFT project consists of 10,000 NFTs of various creatures such as bugs, trolls, dragons, and wizards.