Analysis

As eyes turned to Azuki during last month, the floor price managed to climb from 6.9 to 11.4 ETH in a matter of days. The news drop on Adrian Cheng, a collector and real estate mogul, heavily supported the initial minting and the Block reporting that Chiru Labs (creators of Azuki) is about to announce a $30 million Series A raise has caused quite a stir. In this post, our research team aims to shed light on the recent price action using the recently developed NFTBull insights.