Thanks to Shiba Inu, we've witnessed the debut of the world's first fast-food NFT collection.
Eat Welly, the burger chain, has launched an NFT series known as 'Eat Wellys'. Eat Wellys This collection, which is powered by Shiba Inu (SHIB), signifies the introduction of the first fast-food NFT within the blockchain realm. It is reported that the desirable collection will encompass around 10,000 NFTs, each characterized by a distinct set of attributes, culminating in a grand total of 140 different traits across the entire line. Shiba What's capturing so much attention regarding this NFT collection?
One major factor behind the buzz is the project's relationship with an actual brick-and-mortar business. Even while their holdings are secured through staking, holders of LEASH and Shiboshi were able to mint Welly NFTs when the first minting phase started on June 9. During the final 12 hours of this phase, only BONE and SHIB holders were permitted to mint Welly NFTs. The second phase of the project will kick off right after the first phase concludes, with a public auction planned for the third phase.
One of the major reasons why this NFT Analysts forecast a downturn in SHIB's price, even amid the excitement surrounding the NFT launch.
In spite of the enthusiasm and anticipation surrounding this fresh NFT release, market analysts maintain a pessimistic forecast for SHIB’s value. They project that the descending triangle trend for SHIB suggests a looming drop of nearly 20%. As of now, CoinMarketCap shows SHIB trading at $0.000008715, reflecting a 15.25% decrease in value within the past day.
The 'Eat Wellys' NFT collection can currently be accessed on OpenSea.
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In line with the Trust Project guidelines Amogh is a passionate content creator engrossed in writing, communication, technology, and compelling narratives. In 2021, he took his first plunge into publishing with a poetry collection and revels in using the craft of language to tell stories and share ideas.
