Non-fungible tokens (NFTs) have been immensely popular. They are digital assets that can represent music, art, images, videos, and even real estate. Many of the NFTs have been sold for millions of dollars, which has given a boost to artists worldwide to showcase their talent. The great thing about NFTs is that they are unique; hence scarce, and can’t be divided. NFTs can’t be traded or exchanged at equivalency. Many artists create non-fungible token to cash in on the opportunities.

Loaded Lions

In 2021, Loaded Lion NFT hit headlines after it was sold for $1 million, three days after its launch at $200. Ten thousand ‘Loaded Lion’ NFTs were launched by Crypto.com.
Loaded Lion #1953, the mountain climber managed to receive a bid for whopping $1.3 million. But it was rejected by the owner as he increased the base price to $2 million.
Loaded Lion #1969 also called The Mars astronaut wearing Matt Damon's 'Fortune Favors the Brave’ logo was sold for $1 million. Seeing the popularity of these two Lions, the owners of other items in the collection have also increased their Lion’s value to millions of dollars; Lion #10000 asked for $100 million or more. On average, bids for the majority of collections haven’t increased by $10,000. In addition to that, there are many lions listed at $200 and haven’t received any bids.

The Symbiotic Relation Between Cryptocurrencies and NFTs

The trajectory of the Crypto.com (CRO) currency is interesting. In 2021, between July and November, the value of CRO rose because of many factors, including the fact that a market-wide bull run was seen by all cryptocurrencies. But after November 10, the market saw a dip and CRO escaped that dip and saw a rise on November 23, when 10,000 loaded lions were launched.

Create Your Own NFTs

If you are looking to create your own NFTs, you can do that easily. You can search for the best NFT development company. It’s wise to check for online reviews and ratings to understand what you are getting into. Always ask for portfolio and client testimonials so that you can know what clients love the most about the company. It’s hard to find the best NFT Developers, choose only reliable companies for your NFT development needs.

Summing Up

Loaded Lions NFT has become immensely popular given the fact that two of the collections were sold for millions of dollars. Many people are venturing into the NFT development because of the success of Loaded Lions.