Matt Furie's Peplicator NFT Collection Raises Over $4M, 22K Minted

Matt Furie, the creator of Pepe the Frog, recently launched a generative NFT collection named Peplicator, which has garnered significant attention in the cryptocurrency and digital art communities. The collection, which allowed buyers to mint and reroll traits for free during its 24-hour open mint, successfully closed with 22,000 NFTs minted, raising over $4 million. The Peplicator collection has seen a notable trading volume, with prices ranging from a mint price of 0.05 ETH to sales reaching as high as 11.11 ETH for specific pieces. The collection's floor price has also seen fluctuations, indicating a strong market interest. This event marks a significant moment for NFTs on the Ethereum blockchain, highlighting the continued interest in digital collectibles and the potential for artists to achieve substantial financial success through NFT sales.