🔮 ZenDaily - 15th Dec. 2022 🔮
A quick recap of the past 24hrs in NFTs
📊 Daily Volumes
Blur: $23.13M, OpenSea: $8.27M, X2Y2: $1.28M, LooksRare: $1.13M
📈 Trending Collections
OpenSea: Valhalla remains in top spot by 24h volume. The Memes by 6529 is second, MNTGE Pass is third, Bored Ape Yacht Club is fourth, and The Sandbox K-Verse Land Sale is fifth. Creepz by OVERLORD, Bulls and Apes Project - Genesis, Moonbirds, Cryptowalkers (CW) Females, and Bored Ape Kennel Club also saw significant volume increases over the past day.
Magic Eden: y00ts remains in top spot by 24h volume. DeGods is second, Claynosaurz is third, BEEPLE 1 is fourth, and ABC is fifth. Degenerate Ape Academy, Aurory, and Famous Fox Federation also saw significant volume increases over the past day.
💸 Notable Market Moves
While Valhalla's volume slowed down from yesterday, it remains top of OpenSea's 24h volume chart. Floor Price hit 1.5 ETH yesterday and is currently hovering around 1.25.
The Memes by 6529 erupted in volume with a +629% increase as Season 1 draws to a close. XCOPY's Meme Card is minting today.
Creepz by OVERLORD hit a 2 ETH floor. Creepz' parent company, OVERLORD, is working on a gaming ecosystem, animation show, and streetwear brand.
Moonbirds continues to see steady volume. A cryptic trailer was released which community members speculate contains XCOPY's logo.
The Legend of COCKPUNCH continues to see steady sales. Floor Price is currently hovering around 1 ETH.
🧠 Market Insights
Yesterday's Market Insights examined Active NFT Wallets.
Takeaway: While total active wallets has barely moved since last week, we've seen a 14% drop compared to 3 months ago (78k vs 91k). This suggests broader market conditions and trading activity continue to soften.
However, Monday's poll demonstrated that 70% of traders expressed optimism about the market. Despite the decline in active wallets, 70% trader optimism could suggest a strong underlying confidence in future market potential.
💰 Biggest Sales
Bored Ape Yacht Club #2846 - 76 ETH
CryptoPunk #8378 - 72 ETH
CryptoPunk #1920 - 70 ETH
🗞 NFT Newsflash
Cathie Wood's Ark Invest Snaps Up Another $11.9M in Coinbase Stock
Opera launches security tools to protect users against malicious Web3 actors
SEC charges 8 Atlas influencers for $100M stock manipulation scam
Magic Eden Will Reward Loyal Traders With Discounts, Free NFTs
FTX Digital Exec Tipped Off Bahamian Authorities About Funds Sent to Alameda
🔴 The Crypto Markets
Global Market Cap: $888 Billion (-2.5%)
ETH: $1,273 (-4%)
BTC: $17,502 (-2.4%)
SOL: $13.95 (-0.9%)
APE: $3.99 (-2.4%)
🔮 ZenAcademy/333 Club
The first "Founders Call: Project Showcase" is happening today at 6:00PM ET. Project Showcase represents a fresh take on our existing Founders Calls; a variety of project founders will spend 3-4 minutes showcasing what they're working on. Come along to discover upcoming projects in our community and learn about the successes and struggles associated with launching a product in the NFT space.
Have a great day,
The ZenAcademy Team
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Nothing in this or any other ZenDaily publication should be construed as financial or investment advice. The views and opinions expressed in ZenDaily publications do not reflect those of Zeneca_33 or the ZenAcademy.
Always exercise caution within the NFT space and adhere to best practices when it comes to making any investments. There is plenty of potential, but this comes with inherent risks.
Stay safe, and as always, good luck.