OpenSea has dropped another hint about a potential token launch. They posted something cryptic on a new social media account. It looks like the new asset might be called “OCEAN” or something similar.

Earlier this month, they teased a token launch and got a pretty mixed reaction. But now, the crypto community seems to be buzzing with excitement about what could be coming.

So, what’s happening? OpenSea, one of the largest NFT marketplaces, is possibly gearing up to launch the OCEAN token. They opened the “OpenSea Foundation” account on X back in May. But only recently did they make their first post, saying, “Ocean enters the chat.” This caught a lot of attention and sparked some hype.

People on social media are leaning toward the idea that OCEAN will be the token's name.

The mood around this potential launch has shifted dramatically. Just a month ago, the CEO talked about plans for a new NFT platform, and a token launch wasn’t even on the radar. When they first teased the token earlier this month, many were skeptical. Now, it seems like some of those same folks are changing their tune. One user, Loopify, who was critical before, now says, “OpenSea Foundation just launched (what good timing)! Token to be OCEAN?”

Initially, some community members worried that this was a setup for a rug pull. But now, excitement is building. Platforms like Polymarket are noting a significant uptick in optimism about the token launch.

What’s behind this newfound optimism? For starters, OpenSea is clearly making moves. Since the first announcement, they registered the “OpenSea Foundation” in the Cayman Islands. This suggests they’ve been planning these steps for a while.

Plus, the company has shown resilience in a tough NFT market. A year ago, the CEO was open to acquisition offers, and shortly after, they faced their lowest trading volumes. They even received a Wells notice in August. Yet, OpenSea is still going strong and promising future developments beyond this token launch.

As for the details, they remain unclear. The announcement was pretty cryptic, so there’s no timeline for the launch yet. Still, the crypto community is buzzing with genuine excitement for what’s next. In this industry, that kind of enthusiasm can lead to real results.