Jihoz.ron 🍚 (@Jihoz_Axie): Ronin NFT volume is spiking.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- RON+85Positive
Ronin NFT volume is spiking. The flywheel right now: 1. Sweep NFT floors 2. Sell NFTs via gamified onchain blind boxes 3. refill machine by sweeping floors 4. RON is used as a currency here to buy NFTs. Payment as gas to pay for the transactions. And receives inflows to its treasury to fuel future buybacks via both the NFT volume and a portion of the gas fee. All from an experiment. There will be more experiments and more flywheels.