Ozzy Osbourne’s death at 76 sparked a surge in the non-fungible token (NFT) market as fans rushed to buy a piece of the heavy metal icon’s legacy through his CryptoBatz collection. Within hours of the announcement of his death, the floor price of his CryptoBatz NFTs briefly surged by more than 400%, from under 0.02 ETH to as high as 0.08 ETH, according to OpenSea data. The peak floor price for a CryptoBatz NFT was $295 according to CoinGecko. Osbourne made a historic entry into the NFT industry about four years ago, launching his CryptoBatz collection featuring 9,666 unique digital bats in December 2021. Osbourne’s choice of a bat as the NFT mascot was no accident but rather a deliberate nod to one of the most famous moments of his career. Each Cryptobat in the Osbourne’s NFT collection offers the users a unique opportunity to “bite” another NFT from a digital wallet and generate a hybrid image. The list of supported collections for the “bite” includes major NFTs such as Bored Ape Yacht Club (BAYC), Alien Frenz and more. In addition to a rising floor price, Ozzy Osbourne’s CryptoBatz NFTs have experienced a dramatic spike in trading volumes.

According to data from DappRadar, the trading volume of CryptoBatz has skyrocketed by 100,000%, reaching $281,200 within just 24 hours. The 24-hour trading volume accounted for nearly 80% of CryptoBatz’s total market cap, which is estimated at $355,000, with the current floor price sitting at $36.80, according to DappRadar. The trades involved about 402 sellers and 327 buyers, a notable level of activity considering the total CryptoBatz supply of 9,666 NFTs. While Osbourne’s passing sparked a notable revival in NFT activity, the latest spike has yet to eclipse the peak metrics recorded during the project’s launch. According to OpenSea data, the moving average price for CryptoBatz hit an all-time high above 5 ETH amid the collection’s launch in January 2022. At the time of writing, the most expensive CryptoBatz listed is the Megadragon bat, priced at a staggering 99 ETH, while the lowest-priced token available is CryptoBat #5892, valued at around 0.4 ETH. While the current levels are modest compared to the 2022 levels, the latest spike in Osbourne’s NFTs could signal a potential NFT market rebound, with industry leaders anticipating a revival after a long period of market downturn.