There has been a joke going around the internet that DJ Steve Aoki is cursing every blue-chip NFT project.
This time, it is Azuki’s turn. Azuki is one of the most famous blue-chip NFT projects to ever exist. Last month, Azuki did quite well in sales volume but as soon as DJ Aoki bought an Azuki, Twitter is again talking about Aoki and his NFT curse. Previously, Azuki’s Floor Price was more than 30 ETH.
The Aoki Curse – Explained
DJ Steve Aoki has been talked about on Twitter; how he curses every NFT project as he buys it. There is a huge community on Twitter that believes in this myth and surprisingly, whenever Aoki enters an NFT project, its floor price drops.
OpenSea – Moonbirds
The most recent example is Azuki and Moonbird. Just like Azuki, Moonbird was also climbing up but as soon as Aoki bought a Moonbird, its floor price dropped to 22 ETH.
Is this the Steve Aoki’s curse, or Steve buying in the wrong time?
Azuki and Aoki Curse
As we talked about Moonbird’s success, Azuki’s recent is not hidden as well. Last month, the project was generating some good numbers with good sales. Azuki’s was performing so well that its floor price got up to 36 ETH. According to OpenSea, the project’s Floor Price has dropped to 9.3 ETH (as of this writing).
OpenSea – Azuki
Even though this current Crypto and NFT dump is due to the global market crash, Twitter is still not stopping roasting DJ Aoki and his NFT curse.
The Real Reason Why Azuki Floor Price is Dropping
Besides the joke of Aoki Curse, the real reason why Azuki’s Floor Price is dropping is that Azuki Founder admitted that he has abandoned 3 NFT Collection projects in the past. The developers said that the founding team rug-pulled 3 other projects. This recent news is causing panic and now the holders are selling their NFTs amidst fears of a similar fate.
Apparently one more reason for the recent crash in floor price is the stock and crypto markets crash as many of the owners are funds and traders who have the capacity to buy and trade such expensive NFTs. These people and entities are selling without a second though, in contrast to holders and believers.