Over the course of the past week, the investors in Tonner One World Holdings Inc (OTCMKTS:TONR) have had a fairly rough time considering the fact that the stock has gone down by as much as 14% amidst a selloff.
Trading Data
On Monday, TONR stock ended flat at $0.0012 with more than 109.57 million shares, compared to volume of 83.33 million shares. The stock moved within a range of $0.0012 – 0.0015 after opening trade at $0.0012.
From 3,000 Walmart Stores to Smart Contracts: Tonner-One World’s Prettie Girls! NFTs are Showing Early Signs of Success
As it happens, the company was in the news yesterday after it announced that it was going to launch its first NFT or non-fungible token project named Pretty Girls at 12 noon Central Standard Time yesterday. The launch was going to take place on Opensea.io, which is the world’s highest rated marketplace for NFTs.
Considering the fact that NFTs have quickly become one of the more lucrative digital assets over the past year, the entry of Tonner One World into that space is a significant development. It is also going to be interesting to see if that brings the stock into focus among investors or not.
The company announced that initially it was going to offer just 3000 NFTs from the 10,000 that it had minted. At this point in time, it may be a good idea for investors to consider adding the stock to their watch lists and watch the price action in the stock.
Key Quote
“Since we began promoting this project, our Whitelist has grown to over 2,800 members and we surprisingly exceeded pre-sales projections within the first 8 hours of last night’s launch. We also sold multiple animated, Signature Edition NFTs at an average price of 250 MATIC ($341),” stated Charles Potter, Emerging Technology Consultant to the Company. “With the quick and unexpected sales of the higher-priced, custom NFTs, we are seeing early signs that the upcoming NFT projects from Stacey McBride-Irby, Robert Tonner, and other Prettie Girls! properties are poised to be very successful and widely adopted,” he added.
Technical Data
TONR stock is trading below the 20-Day and 50-Day Moving averages of $0.0015 and $0.0018 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0044.
