Stoner Cats NFT Floor Price Surges After U.S SEC Action

• The Stoner Cats’ floor value was about 0.0189 ether until the SEC stepped in.
• There are 10,420 Stoner Cat NFTs in total, which were originally sold for 0.35 ETH apiece.

The Stoner Cats NFT collection is based on an animated series in which a group of cats and an old lady spend their time chilling out while high on cannabis. Seth MacFarlane from “Family Guy,” Chris Rock, and Jane Fonda all featured in the series, which was created by prominent celebrities’, Mila Kunis and Ashton Kutcher.

Based on data collected by cryptoslam.io, secondary sales of Stoner Cats have brought in $28.16 million since its inception in July 2021. There are 10,420 Stoner Cat NFTs in total, which were originally sold for 0.35 ETH apiece. 

There have been 9,091 purchasers of Stoner Cat NFTs since July 2021, and their average holding time is 10.72 days. One address (0xfc9) of the 3,000-5,000 holders has 451 NFTs, or 4.33 percent of the Stoner Cats total. Moreover, the address “coco.eth” has 350 Stoner Cats, or 3.36 percent of the total supply.

SEC Intervention 

After the SEC took action against the Stoner Cats NFT initiative, the digital collection’s floor value and trading volume skyrocketed. Opensea.io and nftpricefloor.com report that at one point the floor price was equal to 0.084 ETH, or around $136. The Stoner Cats’ floor value was about 0.0189 ether (equal to approx. $30.73) until the SEC stepped in.

The SEC levied $1 million penalties against the cartoon series Stoner Cats, starring Mila Kunis and Ashton Kutcher, for its unregistered marketing of crypto asset securities.

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