Ozzy Osbourne’s Loss of life Drives NFT Rush By Followers

Ozzy Osbourne’s dying at 76 on Tuesday sparked a surge within the non-fungible token (NFT) market as followers rushed to personal a bit of the heavy metallic icon’s legacy via his CryptoBatz assortment.

Inside hours of the announcement of his passing, the ground value of his CryptoBatz NFTs briefly surged by greater than 400%, from underneath 0.02 Ether (ETH) to as excessive as 0.08 ETH, in accordance with OpenSea knowledge.

At present market costs, the height ground value for a CryptoBatz NFT was $295 at 8:00 pm UTC on Tuesday, in accordance with CoinGecko.

Osbourne made a historic entry into the NFT business about 4 years in the past, unveiling his CryptoBatz assortment that includes 9,666 distinctive digital bats in December 2021.

Buying and selling soars with 100,000% quantity surge

Along with a rising ground value, Ozzy Osbourne’s CryptoBatz NFTs have skilled a dramatic spike in buying and selling volumes.

Based on knowledge from DappRadar, the buying and selling quantity of CryptoBatz has skyrocketed by 100,000%, reaching $281,200 inside simply 24 hours.

The 24-hour buying and selling quantity accounted for practically 80% of CryptoBatz’s whole market cap, which is estimated at $355,000, with the present ground value sitting at $36.80, in accordance with DappRadar

The trades concerned about 402 sellers and 327 consumers, a notable stage of exercise contemplating the overall CryptoBatz provide of 9,666 NFTs.

CryptoBatz surge falls in need of file highs at launch

Whereas Osbourne’s passing sparked a notable revival in NFT exercise, the most recent spike has but to eclipse the height metrics recorded through the challenge’s launch.

Based on OpenSea knowledge, the shifting common value for CryptoBatz hit an all-time excessive above 5 ETH amid the gathering’s launch in January 2022.

On the time of writing, the most costly CryptoBatz listed is the Megadragon bat, priced at a staggering 99 ETH, whereas the lowest-priced token out there is CryptoBat #5892, valued at round 0.4 ETH.

Associated: NFT gross sales hit $2.8B in first half of 2025 as buying and selling volumes tank

Although modest in comparison with 2022 ranges, the most recent spike in Osbourne’s NFTs might sign a possible NFT market rebound, with business leaders anticipating a revival after a protracted interval of market downturn.

In associated information, Spotify lately drew criticism after an investigation by digital media outlet 404 Media alleged on Monday that the audio streaming platform was publishing AI-generated songs underneath the names of deceased artists with out permission.