CryptoBatz NFT Soars 400% After Ozzy Death, Then Stabilizes

CryptoBatz NFT floor price jumped from under 0.02 ETH to a peak of 0.1069 ETH on CoinGecko after Ozzy Osbourne’s death announcement, fueling a 100,000% surge in trading volume to $281,200 on DappRadar. The average sale price rose over 400% even as the project’s bat-themed art, launched in December 2021, resolved earlier scam-related Discord issues. In the following days, the floor stabilized around 0.037 ETH (up 96.7% week-on-week), while average sales cooled 10% to 0.076 ETH between July 22 and 23. The sustained demand underscores celebrity-driven NFT trading momentum on Ethereum.
Bullish
CryptoBatz NFT prices surged sharply following Ozzy Osbourne’s death, indicating strong buyer demand and high trading volume, which typically signals bullish momentum. Although average sale prices later cooled by 10% and the floor price stabilized, they remained significantly above pre-event levels, suggesting sustained market support. In the short term, traders may experience increased volatility and profit-taking, but the overall upward trend and continued fan-driven interest point to positive sentiment for CryptoBatz NFTs on Ethereum in the long term.