Porsche Archives

Porsche NFTs floor price surges 180%

January 26, 2023January 26, 2023 by Oluwapelumi Adejumo

Porsche NFT collection surged 180% to 2.465 Ethereum (ETH) — roughly $4000 — over the last 24 hours, according to Coingecko data. The luxury car company faced the crypto community backlash for its NFTs’ high mint price and supply, forcing it to stop new NFT mints on Jan. 25. Floor price surge The collection’s floor … Read more

Porsche NFT collection floor price collapses post-launch

January 24, 2023January 24, 2023 by Oluwapelumi Adejumo

Porsche’s NFT collection fell below its 0.911 Ethereum (ETH) — roughly $1,500 — mint price to 0.88 ETH ($1440) a few hours after its launch on Jan. 23, according to OpenSea data. The iconic carmaker drew the ire of the crypto community, who severely criticized its high mint price and described its sales strategy as … Read more