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April 29, 2022

Daily Newsletter

April 29 2022

NFT Market Update

The daily trading volume on OpenSea has not changed much in the last 24 hours as it is up by +0.5%, with a total trading volume of 108.5 million dollars for the day. Many notable buyers in the NFT space are saving their liquidity in preparation for the Otherside Metaverse land sale by YugaLabs, which is scheduled to occur on 04/30/2022 at 12:00 pm EST.

Source: Dune Analytics

Crypto Update

The major cryptocurrencies are back in the red, with Bitcoin down 1.3% over the last 24 hours at $38,871 and Ether down 1.8% at $2,854. 

One cryptocurrency that is breaking the general trend is ApeCoin. Ahead of the launch of the Otherside Metaverse land sale, $APE is up 53% over the last 7 days at $21.76.

Launched and Trending Projects

Ragnorok Meta

Ragnarok Meta is a metaverse focused MMORPG gaming NFT where each of the 7,777 NFTs from the collection will serve as a digital identity in their metaverse. The Dutch auction for this collection started at 0.77 ETH dropping 2.5% every 7 minutes until resting at 0.21 ETH. Currently, there are 6,538 NFTs that have been minted, and the last mint phase is scheduled to occur on 04/30/2022 at 1pm EST where each Pill list role can mint 1 Ronin for 50% of the closing price of the Dutch Auction. The floor price of this collection has been steadily rising, and it is sitting at 2.87 ETH at writing, making this the second most trending NFT collection by sales volume in the last 24 hours. 

Supply Count: 7,777

Public Sale (D.A.): 04/27/2022 – Dutch auction starting at 0.77 ETH dropping 2.5% every 7 minutes until resting at 0.21 ETH until sell out.

Pixel Sale: 04/28/2022 1:00 pm EST – Each Pixel list holder can mint 1 Ronin for the closing price of the Dutch auction. 

Pill Sale: 04/30/2022 1:00 pm EST – Each Pill list holder can mint 1 Ronin for 50% of the closing price of the Dutch auction.

Final Sale: 05/02/2022 1:00 pm EST – Public sale for any remaining Ronin at the same closing price of the Dutch Auction until all NFTs are sold out.

Current Floor Price: 2.87 ETH

Website: https://ragnarok.xyz/

Twitter: https://twitter.com/RagnarokMeta

Discord: https://discord.gg/ragnarokmeta

OpenSea: https://opensea.io/collection/ragnarok-meta

ENS: Ethereum Name Service

Ethereum Name Service (ENS) NFTs are domains secured on the Ethereum blockchain that users can purchase and use as their Ethereum address, IPFS hash, or website URL. The first ENS NFT was minted on January 29th, 2020, and there are more than 871,000 NFTs in this collection. Anyone who registered a domain on https://ens.domains for as little as $5 + gas received an ENS NFT as a receipt to represent their domain. The past week, there has been an incredible surge in trade volume for the ENS NFTs due to a new private club exclusive to holders of either 3-digit or 4-digit ENS servers called the 10kClub. The floor price and the sales volume of ENS NFTs have started to dwindle during the last 24 hours as people realized they spent all that ETH to join a private club that currently has “No roadmap. Just the first 10k numbers on the Ethereum blockchain”.

Website: https://ens.domains/ 

Twitter: https://twitter.com/ensdomains

OpenSea: https://opensea.io/collection/ens 

Imaginary Ones

Imaginary Ones is a 3D animated collection of 8,888 fully animated NFTs on the Ethereum network that first launched on April 26th. Imaginary Ones reached a floor price as high as 2 ETH, but the floor price has since fallen below the 1 ETH due to some community FUD, where it has been holding steady with plenty of support and volume. The FUD surrounding this project came to light when a Twitter user found one whale wallet purchased 265 NFTs for a price of 1.5 ETH each, and there was suspicion that this was one of the project’s core team member’s wallet. The fate of this collection will depend largely on the success of its reveal phase, and the result of the investigations surrounding the wallet that purchased 265 Imaginary Ones NFTs for 1.5 ETH each. 

Supply Count: 8,888

Private WL Mint Price: 0.2 ETH

Public Dutch Auction: 04/28/2022 at 11:00 pm EST (50% of OS floor price, capped at 1.5 ETH. Drop of 0.1 ETH every 15 minutes until resting at 0.2 ETH until sellout. 

Current Floor Price: 0.83 ETH 

Website: https://imaginaryones.com/

Twitter: https://twitter.com/imaginary_ones

Discord: https://discord.com/invite/io-imaginary-ones

OpenSea: https://opensea.io/collection/io-imaginary-ones

The Lunartics

The Lunartics is a collection of 10,000 2D PFPs created by Animation legend Julius Preite (Simpsons, Family Guy) and notorious Writer/Producer Dan E. Fesman (King of Queens, NCIS). The Lunartics had a mint price of 0.08 ETH, which sold out in minutes. The floor price for this collection had been holding steady around the 0.2 ETH range before their reveal phase, which occurred earlier today, but it has since dipped to a current floor price of 0.12 ETH as traders are getting rid of their more common NFTs.

Supply Count: 10,000

WL & Public Mint Price: 0.08 ETH

Current Floor Price: 0.12 ETH

Website: https://thelunartics.com/

Twitter: https://twitter.com/the_Lunartics

Discord: https://discord.gg/lunartics

OpenSea: https://opensea.io/collection/the-lunartics

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