Farcaster has launched a custom Warplet NFT, tailored for each user based on their Farcaster profile DNA. The minting process is temporarily paused due to an app outage, with plans to resume the following day.
The launch has significantly impacted the CHAOS token, native to the Base chain-based Harmonybot service used for minting. CHAOS surged 950% in 24 hours, reaching a market cap of $1.056 million. Developer @sayangel noted that each Warplet mint results in the burning of CHAOS tokens, contributing to the token's rapid appreciation.
Farcaster's Warplet NFT Launch Spurs 950% Surge in CHAOS Token
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