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Cool Cats NFT Project Unaffected by Bank of Silicon Valley

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Cool Cats NFT Project Unaffected by Bank of Silicon Valley

It is reported that the NFT project Cool Cats confirmed on social media that it was not affected by the Bank of Silicon Valley. In addition, the project also disclosed that Journey 3 has been officially launched. The way users earn points includes completing crossword puzzles, circling overlapping letters, finding hidden messages and submitting answers. In addition, according to NFTGo data, the current floor price of Cool Cats is 1.81 ETH, down 2.43% in the past 24 hours, and the total transaction volume up to now has reached 392 million dollars.

Cool Cats: Without any influence from Silicon Valley Bank, Journey 3 was officially launched

Analysis based on this information:


The NFT (Non-Fungible Token) project Cool Cats has confirmed that its platform remains unaffected by the Bank of Silicon Valley closure. The Bank of Silicon Valley ordered a cease in operations and liquidation last week, which alarmed some NFT investors who thought that it may have affected their assets. This statement from Cool Cats reassures their community that their investment is secure.

Furthermore, Cool Cats has announced the official launch of Journey 3. Journey 3 is a platform where Cool Cat NFT holders earn points by completing crossword puzzles, circling overlapping letters, finding hidden messages and submitting answers. This form of interactive gameplay encourages users to remain invested and engaged on the platform, boosting engagement and enhancing user experience.

However, according to NFTGo data, the current floor price of Cool Cats has shown a slight decrease of 2.43% in the past 24 hours. The floor price refers to the minimum price at which a trade can occur. Despite this slight dip in pricing, Cool Cats has still become a highly lucrative investment, with a total transaction volume of 392 million dollars.

In conclusion, Cool Cats NFT project remains resilient, with the launch of Journey 3 indicating the platform’s commitment to engaging with its user base. Cool Cats’ response to the recent Bank of Silicon Valley closure shows their transparency and concern for their platform users. While there may be a slight dip in the floor price, Cool Cats’ long-standing investment potential remains a valuable addition to any NFT investor’s portfolio.

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