Core DAO (CORE) saw renewed upward movement today as investor attention shifted toward ASX’s yield-bearing NFT collections, which have been attracting significant inflows due to their reported mid-single to double-digit APY payouts. These NFTs, tied to real economic yield, are boosting on-chain activity and lifting demand for CORE tokens.
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CORE Price Snapshot (Today)
- Price: ~$0.128–$0.131
- 24h Change: +3% to +5%
- Market Sentiment: Increasing due to NFT yield demand
Market data continues to show increased interest in Core’s ecosystem products, especially as yield-driven assets outperform speculative NFTs on other chains.
What’s Driving CORE Upward?
1. ASX Yield-Bearing NFTs Are Surging
CoinMarketCap recently highlighted the strong performance of ASX’s yield-bearing NFT collections on Core, with:
- 7% – 8.5% APY on some Core-native yield collections
- Higher performance in November across multiple NFT series
- Strong organic demand from yield-focused investors
These NFTs aren’t speculative pictures — they are tied to real-world yield flows, making them far more attractive to users seeking steady returns.
2. Yield → On-Chain Activity → Demand for CORE
As NFT buyers enter the ecosystem, they need CORE for:
- Gas fees
- NFT purchases
- Staking and ecosystem functions
This direct link between NFT demand and CORE token usage creates upward short-term pressure on the token.
📈 Technical Analysis: What’s Next for CORE?
- Resistance: $0.135 – $0.140
- Strong Support: $0.096 – $0.100
- Breakout Signal: A daily close above $0.14
If momentum from the NFT sector continues, CORE could attempt a move toward $0.14–$0.15. However, losing the $0.10 support zone may re-expose the lower range.
⚠️ Risks to Consider
- Yield sustainability depends on ongoing economic cash flow.
- RWA (real-world-asset) tokens carry regulatory sensitivity.
- CORE remains a high-volatility ecosystem token.
❓ Frequently Asked Questions (FAQ)
Q1: Why is Core DAO (CORE) rising today?
A: Increased demand for ASX’s yield-bearing NFTs—offering steady APYs—has boosted on-chain activity and CORE token usage.
Q2: What are yield-bearing NFTs?
A: These are NFTs that pay holders periodic yields sourced from real-world or on-chain revenue models, not speculative hype.
Q3: Is CORE still volatile?
A: Yes. CORE is a high-volatility token influenced by ecosystem growth, NFT demand, and BTCFi developments.
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