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OpenSea is expected to announce plans for a new token in December, marking a significant development for the NFT marketplace. This news follows increased activity in the NFT sector, leading to speculation about the potential market cap of the token, with discussions suggesting it could exceed $1 billion. The anticipated token is seen as a way to reward retroactive users, which could inject substantial liquidity into the market. The announcement has generated mixed reactions, with some expressing optimism about the potential impact on NFT prices, while others remain skeptical about the feasibility of such a move.
Has OpenSea woken up, or is this just another false dream? I honestly feel the token airdrop rumour is too good to be true The stimmy would be insane but will they actually do it? Imagine OpenSea and Magic Eden stimmy's dropping back to back The new lambo outside would be… https://t.co/sji9jO0vB6
OpenSea finally does a token for retroactive users >>>> huge flood of liquidity on top of fantastic bull market conditions >>>> NFTs go parabolic again
Would an OpenSea token trade above $1B? I asked the exact same question a couple weeks. The majority said no. Now we know a token is coming and NFTs have gotten more action. So let’s ask again. OS over $1B?