Hedgies NFT » Price, Sales & Rarity Details You Need To Know!!

The Hedgies NFT Project consists of 4.2K unique collectible 3D avatars based on the Ethereum Blockchain. 3D art is always well appreciated in the NFT space, and these adorable NFT hedgehogs are supported by the dYdX trading system.

The best thing the developers have done is they have lowered the price of the Hedgies NFT mint. For the initial strike, owners only had to pay the gas costs.

Joined in December 2021, the project has 5,245 Twitter followers (as of February 10, 2022). And if we talk about the Hedgies NFT Discord, there are 30.4K members.

There is a lot more to know about this project and that is why in this article we will cover all the features of the Hedgies NFT project (from the basics to the more special ones). Later, we will also try to make a calculated price prediction, which will surely help your purchase decision – so read on.

Hedgies NFT: a quick overview

Number of NFTs: 4200

Hedgies NFT Floor Price: 0.795ETH

Total number of owners: 1.6K

Volume traded: 1.7K

(As of February 24, 2022)

Hedgies By dYdX: Become a Master Trader

Source: hedgies.wtf

Hedgies NFT is an umbrella project of dYdX, and all avatars are designed with different attributes when it comes to skin, eyes, nose, mouth, hair, and of course, background. The designers also ensured rarity by giving avatars different foods. The avatars are in 3D mode and the smooth details can easily be seen as one of those cool anime movies.

NFT Hedgies are designed by Arek Kajda and Anna Kajda – both artists are masters in the field of 3D art. Perhaps that’s why dYdX decided to pay artists a 2.5% royalty for each resale.

The Hedgies NFT project was announced on January 26, 2022, while the initial distribution took place on February 1, 2022. The initial strike was limited to governance voters and dYdX traders only.

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Hedgies NFT distribution process

There are a total of 4200 NFT Hedgies available and the distribution will take place in two phases:

  • Initial distribution
  • Broadcast in progress

Initial distribution

Only 2443 NFT Hedgies have been allocated for the initial distribution phase where each address can only hit one Hedgie.

The initial distribution will feature 4 tiers where 805 NFT Hedgies will be distributed to owners who participated in the dYdX community vote for the on-chain governance proposal. 1337 NFT Hedgies will be held for traders who have traded activity in 5 days. The rest will be held for the final tier and will be open for public minting.

Continuous distribution

The ongoing distribution process will have the remaining 1757 NFT Hedgies, which will be distributed to traders over the next two years through rewards.

Benefits of owning the Hedgies NFT

According to the Hedgies NFT website, the project will open up new possibilities for the community. Each Hedgies NFT is filled with information regarding crypto and trading, which will likely support the WEB3 culture.

To encourage and help owners make profits, the Hedgies NFT project has developed a reward system. There will be leagues or trading contests, and 1 Hedgies NFT will be airdropped to the best trader of the day. Beginning February 8, 2022, 10 NFT Hedgies will be airdropped weekly in these trading contests – and this will likely continue for the next 104 weeks.

Through the trade leagues, the developers want to bring in the best traders on the line and help improve their trading performance.

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Hedgies NFT League Structure

How to buy Hedgies NFT

It will be a 5 tier league where you will start with Bronze and work your way up to Diamond.

Traders will have to compete against other members of the community every week. Each week will be considered a “single season” and depending on your weekly performance you will either be promoted to the next level or demoted down.

Each league will have specific prizes – some cash, and when all leagues launch, the total cash prize will be $350,000/week.

The best thing is that the prizes will be automatically sent to your dYdX account at the end of each season. As long as you are eligible for a particular league, you will automatically be included in it.

Hedgies NFT Price Stats: Current Market Rates

If we have to check OpenSea stats, in the last 7 days (as of February 10, 2022), the sale has increased by 685.17%. As of February 1, 2022, the average price of a Hedgie NFT was 2.2 ETH. The project has made steady progress so far and as of February 10, 2022, the average price stands at 2.18 ETH, while the all-time average price is 1.34 ETH.

Mint Hedgies NFT Price & How to check the rarity?

Public minting has been open since February 5, 2022 on their official website. The Hedgies team has offered NFTS for free on the minting scene and minting only costs gas fees. However, all of them have been sold out and now 2.4k NFTs are available on the Hedgies NFT OpenSea marketplace.

How to buy Hedgies NFT

You can now bid on NFT Hedgies by connecting your digital wallet to the OpenSea platform. Be sure to check the Hedgies NFT rarity from rarity. tools before placing your bid.

Hedgies website: https://dydx.exchange/

Hedgies NFT Price Prediction

The major strength of the Hedgies NFT project is reliability as it is backed by dYdX – one of the leading decentralized exchanges. The project may not have a specific roadmap section yet, but the plan is set for the next 2 years. There will be trading contests throughout the year, which will not only provide cash benefits, but will provide a learning platform for budding traders. There’s a lot more to come for the Hedgies NFT project – so being part of this community can be beneficial if you approach it by weighing the pros and cons.

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