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Home Blockchain

R0AR ERS NFT Secondary Market Volume Surges As Crypto Airdrop Hype Grows

by DigestWire member
April 14, 2025
in Blockchain, Crypto Market, Cryptocurrency
0
R0AR ERS NFT Secondary Market Volume Surges As Crypto Airdrop Hype Grows
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Even though it’s been a bumpy few weeks for Ethereum, the Executive R0AR Society (ERS) NFT collection has seen a surge in interest on OpenSea. Occasionally, during bearish periods, NFT and crypto projects are able to sustain bullish price momentum, but only if the broader market believes in their long-term potential.

The ERS collection is a set of 10,000 Ethereum-based NFTs that are designed to play a key role in the R0AR DeFi ecosystem. This ecosystem includes the R0AR token, the xCHANGE decentralized exchange, and various DeFi features such as staking and yield farming.

The NFT collection was launched as a fair mint on OpenSea, and well over a thousand wallets participated in the mint. This fair mint process was designed to ensure equitable distribution of the NFTs and prevent sniping.

Many utility features are built into the NFTs, but crypto airdrops appear to be one of the main drivers of bullish momentum. The potential for future airdrops has generated significant excitement within the community.

R0AR ERS Secondary Market Experiences Surge in Floor Price

The fact that only 3% of the R0AR ERS have been listed for sale on OpenSea has allowed the value of the NFTs to hold steady even as the broader market has struggled. Bitcoin crashed below $80,000 as Ethereum struggled to hold above $1,500 during the worst moments of the recent market volatility, but the majority of ERS NFT holders don’t seem to be interested in selling.

This fairly minimal sell pressure has allowed the floor price of the tokens to endure above the initial mint price, which was set at 0.014 ETH. Since the mint, some NFTs have been sold for well above the mint price, with R0AR #1637 trading for ETH 0.5, marking a near 40x return on the mint. The floor price has generally held firm between $70-$100 in ETH, which is a considerable improvement on the mint price.

Several other rare tokens have been sold for over ETH 0.1. This could be due to the possibility of the rarest NFTs offering even more perks than the common ones. The community is actively speculating about the potential for future rewards and utility tied to these rarer assets.

The #6141 R0AR NFT sold for 0.2 ETH. Source: OpenSea

Crypto Airdrops: One Of The Narratives Driving ERS Momentum

Crypto airdrops are one of the key drivers of momentum in the R0AR community. During the build-up to the public mint, the team made several announcements across social media channels about future crypto airdrops linked directly to the NFTs. These announcements came on the back of the extremely successful $PENGU airdrop to Pudgy Penguin holders.

The launch of the $1R0R token has added to the momentum. The $1R0R token, which now trades on Uniswap, represents the core asset of the R0AR DeFi ecosystem. Its availability has further driven the community’s anticipation for the NFT airdrops, as holders speculate on potential allocations and rewards.

The crypto airdrops are expected to differ based on the rarity of the NFTs a wallet holds. So, someone with a top 1% NFT is likely to be able to claim more airdropped tokens than common NFT holders. This rarity-based airdrop structure is a key incentive for collectors to acquire and hold onto rarer NFTs.

Once an official crypto airdrop date announcement is made, the floor price of the collection could surge, along with the value of the rare tokens in the collection. This potential for significant price appreciation is fueling the current buying activity and adding to the overall excitement surrounding the ERS NFTs.

Final Thoughts on The ERS NFT Collection and Crypto Airdrops

It’s been a bumpy ride for crypto in 2025. The Bitcoin all-time high wasn’t followed by an altcoin rally like some expected; instead, the market has suffered numerous setbacks. Ethereum and other Layer-1s have borne the brunt of the pullback, but this hasn’t stopped the ERS collection from growing.

The DeFi ecosystem built around these NFTs provides them with the sort of utility that leads to bear market-proof price movement. Many traders appear to be prepared to pay well above the mint price for the ERS NFTs due to their utility and anticipation of future crypto airdrops.

Join The R0AR DeFi Revolution

OpenSea Mint: https://opensea.io/collection/executive-r0ar-society/overview

R0AR Homepage: https://www.r0ar.io/

Telegram: https://t.me/r0ar_community

X: https://twitter.com/th3r0ar

The post R0AR ERS NFT Secondary Market Volume Surges As Crypto Airdrop Hype Grows appeared first on CryptoSlate.

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