NFT Market Update
The volume on OpenSea this week is higher than the previous week, which is a reasonably bullish indicator. The trade volume on OS was down by -3.1% yesterday, slightly more than 21.7 million traded.
Source: Dune Analytics
The cryptocurrency market has been on an upward trajectory this past week. The global cryptocurrency market cap was up by +2.2% yesterday, with a total valuation of slightly more than 1.09 trillion dollars.
Bitcoin is trading at the same price as it was 24 hours ago at $22,922. Ether is up 5.5% and trading at $1567.
Recent Launches and Trending Projects
Isekai Meta is a story and community-driven, hand-drawn 7,777 NFT collection and a metaverse brand with a core focus on storytelling.
Isekai Meta is a Filipino-led project by Sayres, with co-founders Waps, Chev, and Frankied. The rest of the team comprises nine hand-picked individuals from different locations, including NYC, Canada, and Iceland. More of the team’s information can be found by accessing our exclusive WGMI Spotlight for the project.
Despite having more than 217.5k Twitter followers and more than 38.5k Discord members and reducing their maximum supply from 10k to 7,777, the project failed to mint out. Only 4,836 of the Isekai Meta NFTs have been minted, and the floor price sits at 0.2 ETH at writing.
Supply Count: 7,777 (4,836 minted so far)
Mint Price: 0.15 – 0.25 ETH
Current Floor Price: 0.2 ETH
The Potatoz is a free-to-mint collection of 9,999 utility-enabled PFPs that also serve as an access card to the Memeland ecosystem.
According to its lore, “a long time ago in a ‘memetaverse’ far, far away… Memeland was a deserted land unsuitable for life. Until some years ago, early lifeforms started to appear. Memeland’s first residents, it turns out, were a bunch of Potatoz. “
According to rumors, owning The Potatoz NFT grants holders the ability to mint their following upcoming collection. The Potatoz was a project restricted to only allow-listed members, and it has seen incredible trade volume since its launch.
The current floor price sits at 0.61 ETH, and the collection has seen more than 2.3k ETH worth of volume since launching approximately 16 hours ago.
Supply Count: 9,999
Mint Price: free + gas
Current Floor Price: 0.61 ETH
Etherjump Plots is a free-to-mint collection of 5,555 build-your-own adventure NFTs on the Ethereum blockchain.
Holders of the NFT can build their adventure using the project’s ‘Level Builder,’ where they can design their own Super Mario-type game.
The floor price of Etherjump Plots sits at 0.13 ETH at writing, and the collection has seen more than 638 ETH worth of trade volume since launching less than 48 hours ago.
The collection floor price has also more than doubled over the last 24 hours (from 0.06 ETH to 0.16 ETH), making Etherjump Plots one of the top trending collections on OS for the second day in a row.
Supply Count: 5,555
Mint Price: free + gas
Current Floor Price: 0.16 ETH
Nina’s Super Cool World
Nina’s Super Cool World (NSCW) is a collection of 5,080 NFTs, granting holders access to Nina Chanel Abney and her unique art pieces.
By owning one of Nina’s Super Cool World’s NFTs, you also receive access to the Gallery of Digital Assets (GoDA), which will be a curated source for leading contemporary artists looking to explore digital as a new medium through Nina’s help.
The collection mint price was 0.5 ETH which was a hefty price during a bear market. The collection still managed to sell out, and the collection floor price has remained relatively stable and consistent over the past week.
The current floor price of NSCW sits at 0.68 ETH, and the collection has seen more than 2.7k ETH worth of trade volume since launching last week.
Supply Count: 5,080
Mint Price: 0.5 ETH
Current Floor Price: 0.68 ETH
MiningverseNFT is a collection of 1k genesis NFTs and 9k common anime-style PFPs with a physical token mining utility. By owning Miningverse NFTs, investors will receive a share of the profits from mining Bitcoin in a physical location.
The Genesis MinerverseNFT will start earning revenue called $MVT tokens, which can be used to purchase in-game items such as a chip, mainboard, fan, motherboard, etc., in order to earn even more daily tokens.
The player’s income will depend on the percentage of the hashing power of the player’s in-game miner, and they will be able to withdraw USDT as earnings every month.
The current floor price of this collection sits at 0.85 ETH at writing, and the project feels like a potential ‘rugpull’ just waiting to happen, so please make sure you DYOR and research before investing.
Supply Count: 1,000
Mint Price: 0.65 ETH
Current Floor Price: 0.85 ETH
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