In the past 7 days, old blue-chip NFTs have collectively warmed up. Whether it’s CryptoPunks, BAYC, MAYC, Azuki, Doodles — once top PFPs, or Chromie Squiggle, Fidenza — top generative art NFTs, there have been significant rebounds.
One of the tokens most related to NFT infrastructure, $BLUR, has quietly risen nearly 90% in the past month. After Andrew Kang called out $BLUR at the end of last month, $BLUR continued to rise, with an increase of nearly 20%.
In a warming and peaceful atmosphere, Clone X, this old blue-chip project with a Nike background, announced the cessation of operations, which shocked all NFT players just like announcing no more meals at the family reunion dinner.
In this statement, Clone X's project team, RTFKT Studio acquired by Nike, announced the termination of RTFKT's operations. As a transition before the cessation of operations, they will complete their last task in the circle in December — adopting the MNLTH X for 'BLADE DROP'. MNLTH was launched in 2022 and is likely a way to mutate virtual shoes using NFTs.
As for 'BLADE DROP', I searched on Twitter, and it seems that holders of this 'last dance' won't even be able to get the final pair of physical shoes from Nike, but rather 3D printed shoes produced by Zellerfeld...
Affected by the huge negative news of the operation termination, CloneX's floor price plummeted by 50%, currently at 0.3 ETH. Just two days ago, the floor price of this series had rebounded to nearly 0.9 ETH.
NFT players accused the RTFKT team of not just being a 'Soft Rug' but a 'Hard Rug', and they brought up the unkind remarks made by RTFKT co-founder @benitopagotto last year when the CEO of Pudgy Penguins paid tribute to them.
Luca posted a tweet paying tribute to RTFKT on September 17th last year.
Ten days later, @benitopagotto mocked the entry of Pudgy Penguins' toys into Walmart, saying, 'From Sotheby's auction house to Walmart, the future of Web3 is indeed bright!'
Since the launch of CloneX and the acquisition of RTFKT by Nike, three years have passed in the blink of an eye. We finally welcomed a new bull market, but such an old blue-chip NFT with Nike's background came crashing down at dawn.
Due to the sudden and chaotic information, this $10 million acquisition offer from @JoeyMoose has attracted the attention of many NFT players.
But he is most likely joking, because yesterday he also stated he wanted to spend $5 million to buy MoonBirds from Kevin Rose. But buddy, MoonBirds has long been acquired by Yuga Labs...
So what will happen next with CloneX? For example, in this moment where memes have become mainstream, will the community issue a meme token from the perspective of 'CTO Nike'?
I don’t know, really don’t know. After all, this world is always full of the unexpected.