A Cool Cats owner has turned down a 310 ETH private bid for a 1 of 1 Cool Cat, claimed NFT enthusiast user Farokh. The Cool Cats NFT avatars are just about two months old and yet, its popularity has skyrocketed. Moreover, many believe that the collection can take over top collections like the Bored Ape Yacht Club.
“I can confirm that a 310 ETH ($1M USD) private bid was rejected for a 1/1 Cool Cat,” Farokh tweeted yesterday. “The holders trust in the project and his aspirations are inspiring.”
Twitter reacts to Cool Cats bid
Farokh’s tweet attracted many comments, with one user, Ryan Maxwell, even saying that the tweet was “just an effort to pump bags.”
Meanwhile, photographer John Knopf wrote, “That’s some Diamond hands.” For the uninitiated, “Diamond hands” refers to an investor who holds on to their investment (an NFT in this case), despite the risk and potential losses.
Many others praised the Cool Cat owner’s “commitment.” Meanwhile, some others called the move “insane”, “amazing”, and “crazy.”
Farokh has not yet revealed who the holder is or which Cool Cat was up for bids. Can a single Cool Cat really be worth $1 million? Well, depends on the Cat. Some of these NFTs have sold for upwards of $300,000. At least five of them have sold for over $200,000 each, as per DappRadar data.
Given how popular these virtual cats are right now, it is possible that someone offered a million to own a rare Cat. That said, could it also be possible that Farokh, who is a Cool Cats owner, tweeted about a non-existent bid to spike up the price of the NFTs? Honestly, we don’t know. But we hope they will release more credible information soon!
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This article is educational material.
As always, make your own research prior to making any kind of investment.
