Why Russian blogger’s Crypto Hasbulla NFTs trending?

March 05, 2022 05:26 AM AEDT | By Versha Jain
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Highlights

  • Crypto Hasbulla is a collection of 10,000 NFTs - all are inspired by the baby-faced Russian blogger cum martial artist Hasbulla Magomedov.
      
  • These Ethereum based NFTs are available on the OpenSea market.

  • The overall NFT market value fell by 38.24% to US$10 billion in the trailing 24 hours to 10: 17 am ET, as per coinmarketcap.com.

The non-fungible token Crypto Hasbulla is catching people’s attention after its promoter said buyers would get a personalized video of him if they purchased two Hasbulla NFTs.

Crypto Hasbulla is among the NFTs making a big splash in the market. NFTs like CryptoPunks, Axie Infinity, and Bored Ape Yacht have become hugely popular among investors.

Promoter Hasbulla Magomedov recently tweeted that those who buy two Hasbulla NFTs will get a personalized video of him. The NFT rallied after his tweet.

Interestingly, the crypto market sees serious business as the Russia-Ukraine war raged. Ukrainian’s call for cryptocurrency donations is proving a catalyst for mainstreaming these assets. Vice-PM Mykhailo Fedorov said the government would launch NFTs to raise funds. 

Against this backdrop, bitcoin, stablecoins and other digital assets also drew interest.

However, the NFT market fell about 38% to US$10 billion in the last 24 hours to Friday morning.

Also Read: What is TheBoringToken (TBT)?

Why Russian Blogger’s Crypto Hasbulla Nfts Trending?

Who is behind Crypto Hasbulla?

Hasbulla Magomedov, a Russian blogger and martial artist, is the person behind Hasbulla NFT. Although Magomedov is an adult, his characteristics are like a child (face, voice, height). Hasbulla NFTs capture his moods.

Magomedov became famous after UFC commentator Joe Rogan mentioned his name and revealed his interest in Hasbulla NFTs. These NFTs are not digital art but hand-drawn. 

Hasbulla NFTs are listed on the popular NFT marketplace OpenSea for purchase. The NFTs are based on the Ethereum blockchain and purchased with the Ether token.

Also Read: Why is Harmony (ONE) crypto migrating wallet to MetaMask?

Hasbulla is not listed on popular crypto tracking websites like coinmarketcap.com yet, but OpenSea listing gives it the needed exposure. It has a collection of 10,000 NFTs - all are inspired by the baby-faced Russian blogger cum martial artist. 

Magomedov’s funny videos on TikTok and Instagram made him famous. Born in 2003, he is one meter tall. He has over 94,000 followers on Instagram and more than 41,000 followers on his Cryptohasbulla Twitter account. He also has over 11,000 members on Discord.

Also Read: Why is Origin Protocol (OGN) gaining attention?

(What is Crypto Hasbulla??)

Source: pixabay

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Airdropping Crypto Hasbullas

Hasbulla has plans to airdrop five Crypto Hasbullas in a giveaway after reaching 20,000 members on Discord, says its website. It will also open an exclusive presale white-list for NFT discounts to Discord members. It also plans to enter the metaverse space in the future. 

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Currently, there are 798 Hasbulla NFT owners. According to nft-stats.com, the average price of Crypto Hasbulla NFTs was US$973.485 at 5:30 am ET.

Also Read: 5 ways you can avoid being duped by crypto scammers

Bottomline

Crypto Hasbulla is similar to other meme currencies. They start trending as their popularity among retail investors grow. The cryptocurrency market is volatile; hence, investors should be cautious before investing in digital assets.

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