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Daily NFT Newsletter
August 5, 2022

Daily Newsletter

NFT Market Update

The NFT market has been relatively stable and moving sideways for the past two weeks. The trade volume on OpenSea was down by -4.1% yesterday, with slightly more than 14.3 million traded.

Source: Dune Analytics

Crypto Update

The cryptocurrency market has also been trading sideways for the past few weeks and yesterday wasn’t much different. The global cryptocurrency market cap was up by +0.8%, with a total valuation of around 1.13 trillion dollars. 

Bitcoin is up by +0.2% and trading at $23,179. Ether is up by 0.3% and trading at $1,658.

Source: CoinGecko

Recent Launches and Trending Projects


Moonbirds2

Moonbirds2 is a free-to-mint collection of 10,000 utility-enabled stolen PFPs inspired by Proof Collective’s original Moonbirds collection. 

According to Twitter, every Moonbirds2 holder will receive socks, a fanny pack, and two pins delivered to them which is most likely not true. 

The project has 0% royalties in perpetuity and has been using black hat marketing tactics, including impersonating the COO of Moonbirds to bring attention to its own collection. 

The current floor price of Moonbirds2 sits at 0.03 ETH, and the collection has seen more than 158 ETH worth of trade volume since its launch less than eight hours ago.

Supply Count: 10,000

Mint Price: free + gas

Current Floor Price: 0.03 ETH

Website: No Website

Twitter: https://twitter.com/Moonbirds2NFT

Discord: No Discord

OpenSea: https://opensea.io/collection/moonbirds2

Mecha Cat Crew

Mech Cat Crew is a free-to-mint collection of 4,444 hand-illustrated and cutesy mechanical cats with a core focus on growing its community. Mecha Cat Crew is a project comprised solely of independent artists who share a love for cats. 

Each Mecha Cat is algorithmically constructed by mixing a variety of properties with different possibilities in the following categories: Background, Back Accessories, Body, Head Accessories, Hair, Eyes, Mouth, and Clothes. 

Mecha Cat Crew currently boasts more than 27.2k followers on Twitter and more than 20k members on its Discord server, which helps to support the project’s legitimacy.

 During the public mint phase earlier today, the team ran into smart contract issues, which ended up causing FUD and affected the floor price of the collection negatively. The floor price of Mecha Cat Crew currently sits at 0.0095 ETH at writing. 

Supply Count: 4,444

Mint Price: free + gas

Current Floor Price: 0.0095 ETH

Website: https://www.mechacatcrew.com/

Twitter: https://twitter.com/mechacatcrew

Discord: https://discord.com/invite/mechacatcrew

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

Bibos

Bibos is a collection of 1,111 colorful hypnotizing spirit avatars which minted earlier today for 0.1 ETH. 

The body of a bibo is created by overlapping several circles overlaid with a “lighten or multiply mix mode” depending on the trait, resulting in an animated, blurred, softly wafting blob that constitutes a bibo. 

The Bibos collection has only 543 followers on Twitter, so it’s pretty amazing they were able to sell out of all 1,111 NFTs at a high mint price of 0.1 ETH. 

The floor price of bibos currently sits at  1.1 ETH, and the collection has slightly seen more than 316 ETH worth of trade volume since launching less than six hours ago.

Supply Count: 1,111

Mint Price: 0.1 ETH

Current Floor Price: 1.1 ETH

Website: https://bibos.xyz/

Twitter: https://twitter.com/bibos_xyz

Discord: No Discord

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

[ Ledger ] Market Pass – Genesis

Ledger Market Pass Genesis Edition is a collection of 10k NFTs created by the same company responsible for the Ledger hardware wallets. 

Ledger is new to the NFT space, but they have already secured official collaborations with top-tier blue chip projects, including RTFKT, Tag Heuer, and Deadfellaz. 

Owning a Ledger Market Pass NFT grants access to the Ledger Market, which will be a secure platform for artists and brands to release their NFTs and a place where Ledger customers can securely connect through Ledger Live and clear sign their transactions. 

Owning a Ledger Market Pass NFT will grant access to exclusive collaborations and Ledger hardware, software, and services. Each token will be able to redeem a limited edition black-on-black Nano X, of which only 10k will ever be made. Redemptions for the Nano X are expected to take place sometime this Fall. 

The mint price for a Ledger Market Pass NFT was 0.3 ETH, and the current floor price of Ledger Market Pass Genesis sits at 0.7 ETH, and the collection has seen more than 3.4k worth of trade volume since its launch on July 25th. 

Supply Count: 10,000

Mint Price: 0.3 ETH

Current Floor Price: 0.7 ETH

Website: https://market.ledger.com/

Twitter: https://twitter.com/Ledger

Discord: No Discord

OpenSea: 
https://opensea.io/collection/ledger-market-pass-genesis-edition

Care Bears Forever ETH

Care Bears Forever ETH is a collection of 5k NFTs from the official Care Bears franchise of which only 2,000 NFTs have been minted before being sold out. 

The Care Bears NFT was sold through the Recur platform, where holders of a Recur NFT could purchase a Care Chest for $50. 

A Care Chest is a sealed pack that contains one of five different potential Care Bear NFTs with various traits. There are added challenges hosted on the Care Bears Forever website, which requires separate Care Bear NFTs per each challenge in order to participate.

The CareBearsNFT officially sold out in under one minute and was selling at more than six times the mint price during its peak earlier today. 

The current floor price of a Care Bears Forever ETH NFT sits at 0.07 ETH, which is approximately $116 and slightly more than two times the initial mint price. 

Supply Count: 2,000 

Mint Price: $50

Current Floor Price: 0.07 ETH (~$116)

Website: https://carebears.xyz/

Twitter: https://twitter.com/carebears_nfts

Discord: https://discord.com/invite/recur

OpenSea: 
https://opensea.io/collection/care-bears-forever-eth

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