Starbucks NFTs brew up a storm with $166k trading volume in 1 day after launch

Starbucks released 5,000 NFTs on Wednesday, priced at $99 each, restricted to one per customer.

The new NFTs have seen trading volume of $166,000 since their launch, with a floor price of $146.97 representing a 48% appreciation from the initial sale price.

The NFT sale was limited to Odyssey members, a Starbucks app that allows users to earn and purchase collectible digital stamps for benefits and interactive experiences.

The collection is well-balanced, with 4,075 unique owners, and has seen 949 secondary-market sales.

Despite some issues during the presale, the general sale went smoothly and suggests a healthy market for these Starbucks NFTs.

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