NFT Market Update
The narrative in the NFT market has stayed consistent over the past 2 weeks, with the daily trading volume ranging between 14 million to 17 million dollars. Yesterday, the trading volume on OS was down by -4.5% compared to the day before with slightly less than 15.6 million traded.
Source: Dune Analytics
The cryptocurrency market has been on a downturn with the global cryptocurrency market cap shrinking for the past 5 days in a row. Yesterday, the cryptocurrency market cap was down by -2.5% with a global market cap valuation of slightly less than 908 billion dollars.
Bitcoin is down by -2.6% and trading at $19,500. Ether is down by -2.9% and trading at just over $1,060.
CloneZ AI is a collection of 8,000 AI-generated NFTs using the original artwork from RTFKT’s CloneX collection although they have no official affiliation.
First, it was Moonbirds AI stealing the artwork from Moonbirds and making an AI-generated collection, then it was Azuki AI, and now we are seeing CloneZ. Their previous collection got taken down from OpenSea and their previous Twitter account was also banned.
This free-to-mint collection sold out within 3 minutes during the mint phase. Holders of CloneZ receive access to their private Discord server in addition to future whitelist opportunities. In other words, this is another degen collection with not much else to offer.
The current floor price of CloneZ AI sits at 0.018 ETH at writing, and the collection has seen more than 109 ETH worth of trading volume since its launch.
Supply Count: 8,000
Mint Price: free + gas
Current Floor Price: 0.018 ETH
Website: No Website
The Possessed is a collection of 10,000 fully animated NFTs created by two fully doxxed artists, @whoami and @Whatthefurr.
The duo behind the Possessed NFT project created a new kind of PFP collection that is animated, generative, and driven by a unique concept:
Every Possessed NFT will include a fully animated character with 2 static PFPs – one of each state (Blessed and Possessed). Holders will be able to select which state they want to use as the display for their PFP.
The mint price for the collection was 0.25 ETH for whitelisted members, and it cost 0.35 ETH during the public sale phase. The entire collection was able to sell out despite the high mint cost, and the floor price sits at 0.6 ETH at writing.
Supply Count: 10,000
Mint Price: 0.25 ETH to 0.35 ETH
Current Floor Price: 0.6 ETH
Aiko Virtual is a collection of 8,888 anime-style PFPs. Holders will receive exclusive genesis NFTs from the Foundation App and 1/1 physical merch such as high-quality t-shirts, hoodies, etc.
Aiko Virtual is a community-focused project that supports other artists. The Aiko Virtual project doesn’t offer anything unique or new, and they seem to be trying to cash in on the “anime-meta” trend which was previously popular a few months back.
The current floor price of Aiko Virtual sits at 0.05 ETH and the collection has seen more than 988 ETH in trade volume since its launch approximately six days ago.
Supply Count: 8,888
Mint Price: 0.05 / 0.075 / 0.1 ETH
Current Floor Price: 0.05 ETH
Fairy Fiends is a collection of 7,688 cutesy hand-illustrated fairy NFTs. The collection was originally intended to have a maximum supply of 8,888 NFTs, but they ended up selling out with an updated supply of 7,688 NFTs largely due to negative market conditions.
The Fairy Fiends are created by four self-doxxed team members who have shared their IRL LinkedIn Profiles publicly on their official webpage.
Two percent of all initial profits will be donated to mental health and climate change research which feels more like a ploy than anything else due to the measly amount.
The collection floor price sits at 0.034 ETH with slightly more than 79 ETH in volume traded since its launch 3 days ago.
Supply Count: 7,688
Mint Price: 0.066 ETH to 0.069 ETH
Current Floor Price: 0.034 ETH
Genesis Box (by Doodles)
The Genesis Box is a collection of 24k boxes created by the Doodles team which will consist of limited edition wearables for the Doodles 2 collection.
The Genesis box was sold via an auction of which there were 6,528 bidders with 4,446 successful bids and each box ended up minting at 0.508 ETH each.
Since then there has been a lot of FUD within the Doodles community and people have been getting banned left and right for asking questions and expressing their discontentment regarding the high mint price.
The current floor price of the Genesis Box sits at 0.52 ETH and the collection has seen slightly more than 266 in volume traded since first launching 24 hours ago.
Supply Count: 24,000
Mint Price: 0.508 ETH (auction)
Current Floor Price: 0.52 ETH
BYORD is a collection of 5k duck PFPs created by the RubberDuckz team. The collection was originally intended to have a max supply of 5k NFTs, but so far only 854 have been minted.
The claiming period/mint phase will be open for an entire week for holders so there is still a good chance that the collection will end up selling out.
Those who own a genesis duck or an honorary duck from their previous collections are able to build their own Rubber Duck from the official BYORD website. The current floor price of BYORD sits at 0.164 ETH which is less than the mint price.
Supply Count: 5,000
Mint Price: 0.2 ETH
Current Floor Price: 0.164 ETH
BREAKING: El Salvador bought 80 Bitcoin today at $19,000 each! https://t.co/yV3loIXu3k