With the 2024 crypto bull run poised to enter full swing following the upcoming Bitcoin halving, many investors who are looking to multiply their investments are pouring money into altcoins and new NFT drops.
One upcoming NFT drop which looks especially attractive from an investment perspective is the Driving Cats NFT Club.
This collection of digital collectibles will be launching on OpenSea on 29 March, and massive demand is expected, as numerous buyers are lining up to buy Driving Cats NFTs and flip them for a profit after the pre-sale ends.
Specifically, during the first phase of the public sale, each NFT is for sale at just 0.07 ETH.
Once the first phase ends on April 12, the same NFTs will then have a floor price of 0.25 ETH, representing an over 300% increase in price.
It should also be noted that during all phases of the public sale, individual investors are able to buy more than one Driving Cats Club NFTs.
Driving Cats NFT Club Price Prediction
During the first phase, each Driving Cats NFT Club is available to buy for approximately $250, and the price will increase to over $850 once the first phase ends.
However, it could be wise to hold onto your NFT instead of flipping it for a quick profit, as the price is predicted to rise significantly in the coming months, potentially peaking at over $3,000 each in Q4 2024.