NFT MARKET UPDATE
The daily trading volume on OS picked up yesterday as it was up by +19.5% compared to the day before, with slightly more than 12.5 million dollars traded.
Source: Dune Analytics
The cryptocurrency market continues to move mostly sideways as the global cryptocurrency market cap was up +2.4% yesterday, with a valuation of just over $1.04 trillion dollars.
Bitcoin is up by +0.7% and trading at $19,918. Ether is up by +5.8% and trading at $1,656.
Recently Launched and Trending Projects
Anonymous Cactus Club
‘CryptoNinja Partners’ an anime-based NFT collection of 22,222 NFTs, and it is the second collection created by the team behind ‘CryptoNinja.’ The team’s genesis collection called ‘CryptoNinja NFT’ has a total of 33 items, and the floor price sits at 88 ETH at the time of writing. The CryptoNinja is the largest DAO in Japan, and holding a CryptoNinja Partners NFT acts as an access pass into the CryptoNinja DAO community.
The CryptoNinja Partners collection sold out within just 2 hours of launching, and they had an incredibly generous mint price of only 0.001 ETH with no max cap. Hence, those who were whitelisted could mint as many NFTs as they wanted. It is important to note that this collection has a higher royalty fee than other collections, as it is set at 10%.
The main reason for the collection’s recent pump is because the team announced they will be rewarding investors who buys three or more CNP during the month of August will receive a WL for their next collection that is scheduled to be released sometime in November.
The current floor price of this collection is sitting at an incredible .67 ETH, which is more than 670 times the initial mint price. Crypto Ninja and their various collections represents the strength of the Japanese NFT community. Most of the team’s tweets and announcements are written in Japanese, but this hasn’t stopped the collection from flourishing.
Supply Count: 22,222
Mint Price: 0.001 ETH
Current Floor Price: 0.67 ETH
Non-Financial Advisors is a free-to-mint collection of 5,555 hand-illustrated MEME and cult-based NFTs with unique artwork.
NFA has an ambitions vision of using metaverse and blockchain technology to create a unique gaming experience on their native Rektland Island.
Rektland will be an immersive environment in which players can interact and shape each other’s experience.
The team already has a game demo that is available for use, so there is a chance that this project will change from its current degenerate state into a real play with conviction in the future although it is still early to be certain.
The NFA collection has seen more than 3,755 secondary sales on OS in the last 24 hours, and the floor price of the collection sits at 0.17 ETH at the time of writing.
Supply Count: 5,555
Mint Price: Free + gas
Current Floor Price: 0.02 ETH
Y00ts is a 15k collection of Solana NFTs created by the Degods team. Degods is one of the most successful Solana projects of all time with a floor price of 777 SOL at the time of writing.
The price to mint a y00ts NFT was 375 $DUST for those who were on the y00t whitelist. Y00ts was an extremely hyped project that launched through the Magic Eden launchpad earlier today.
The project came with its own set of drama when many whitelisted members ran into smart contract issues and were unable to mint. This issue brought forth a plethora of FUD on the community’s Discord server, but the collection still sold out without any difficulties.
The collection has seen more than 149k SOL worth of trade volume since its launch less than 24 hours ago, and the project still has an incredible amount of momentum going for it despite the initial smart contract issues.
The current floor price of y00ts sits at 150 SOL at the time of writing which is worth slightly more than $4,700 USD.
Supply Count: 15,000
Mint Price: 375 $DUST
Current Floor Price: 150 SOL