Yapybara is the official and only NFT of @KaitoAI. Total supply: 1500; floor: 0.59 ETH = 2600 U. Current total market cap: 3.9M ATH: 12 ETH; currently the floor of the floor The leader of InfoFI is @KaitoAI, who single-handedly created this sector. Current $KAITO token price: 1.09; Circulating market cap: 241.4M; Total circulating market cap: 1.09B This means the NFT's market cap is less than 1/55 of the token's circulating market cap and 1/230 of its total circulating market cap. Find a top NFT. $PENGU token price: 0.03, market cap: 1.88B; Total circulating market cap: 2.66B NFT Big Penguin: 10.1ETH * 8888 = 395M Little Penguin 1.19 * 21916 = 116M + 395M = 511M (excluding peripherals) This means that the NFT market capitalization is 1/3 and 1/5 of the token market capitalization. This comparison clearly shows that Yapybara is severely undervalued. But what is the reason for the current situation? Crucially, after the $KAITO airdrop, NFT's positioning was unclear, its empowerment was severely insufficient, and it relied entirely on the community for support. @Punk9277's meetings and tweets were filled with high praise for NFTs, but many of the comments were hollow, lacking concrete action to maintain their market value. However, earlier this week, the official NFT sector was created, giving NFT holders a sense of identity. As a result, many prominent figures have adopted Yapybara as their profile picture. But with all due respect, my ranking on @KaitoAI is extremely low, regardless of the rankings. I'm also on this list, and in the middle, meaning the value of this list isn't particularly high. In other words, Yapybara still lacks significant attention, and its price hasn't moved significantly despite this new sector. The market remains unconvinced. Perhaps, rather than flashy rankings, people are more focused on price. Consider the difference between a $50,000 NFT and a $2,600 NFT. The meanings they represent are completely different. In conclusion, @KaitoAI's NFT empowerment is far from sufficient. Yapybara NFTs are still severely undervalued, but a bottom is definitely forming, so it could even be considered a fixed-price investment. What else can be expected of it? Besides being a status symbol, what else can it bring? @pudgypenguins has already provided the answer.
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