A brief and concise look at the NFT market over the past 24 hours.

Daily Newsletter

NFT Market Update

The OpenSea daily trading volume had a significant decline over the weekend. During the previous week, we saw an average trade volume of around 30 million dollars, but this week we saw an average of less than 20 million dollars traded. The trading volume on OS yesterday is up 1% compared to the day before, with just under $19.7 million traded. 

Source: Dune Analytics

Crypto Update

The global cryptocurrency market has had a huge crash over the weekend, with a total valuation of just $975 billion dollars, and most major altcoins and cryptocurrencies are badly down. The cryptocurrency market is in desperate times of fear and uncertainty, as we haven’t seen the global market cap this low in more than a year. The trigger for this crash appears to be a huge-sell off from investors amid heightened fears of inflation – this fear is also being reflected in most stock markets. 

Bitcoin is down by 12.9% over the last 24 hours and trading at $23,878. That is a dip of 24% over the last 7 days. Ethereum is down by -16% and trading at $1,231, meaning Ether is down 36% over the last 7 days. 

Solana is down by -15% and trading at $27, while AVAX is down by -17% and trading at $15. The current trading prices of these altcoins are some of the lowest we have seen in over a year. 

Source: CoinMarketCap

Trending Projects and Recent Launches


Woobirds is a 10k NFT collection that turned each pixelated Moonbird into a 3D collection. This is a degenerate NFT project that has no affiliation to the Official Moonbirds. Woobirds are a free-to-mint project that was first minted on June 11th, 2022, and it has seen a total trade volume of 347 ETH and a floor price of 0.03 ETH at writing.

Supply Count: 10,000

Mint Price: free + gas

Current Floor Price: 0.03 ETH

Website: https://woobirds.xyz/

Twitter: https://twitter.com/WoobirdsNFT

Discord: No Discord

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

Sons of Odin

Sons of Odin is a 3,333 collection of pixelated Viking avatars. Sons of Odin had their stealth launch earlier today, where the first 1k of the NFTs were free, and the remaining 2,333 NFTs were sold for 0.0033 ETH. 

The Sons of Odin has 438 followers on Twitter, and the team is not doxxed. According to their roadmap, they will continue to build and develop their brand while providing various airdrops to holders over time. 

The floor price of this collection sits at 0.003 ETH, which is around its initial mint price. The collection has seen a total volume of only 20.4 ETH, which may be an indication that the degen/free-to-mint project trend is beginning to fizzle out. 

Supply Count: 3,333

Mint Price: free + gas

Current Floor Price: 
0.003 ETH


Twitter: https://twitter.com/SonsOfOdinNFT

Discord: No Discord


Rebels – Night Card

The Rebels Night Card is a collection of 13,370 3-D rebel NFTs that leverages blockchain technology to express our identities through customizable NFTs. 

Rebels Night Card NFTs will allow you to display some of the favorite NFTs in your wallet and curate your identity and various experiences for viewership. 

The project was originally intended to be a collection of 13,370 NFTs, but later the supply got reduced to 8,627 due to the market conditions. 

The current circulating supply of this collection is 6,429 NFTs, and the project is still in its private mint phase. 

The current floor price of this collection sits at 0.118 ETH, and the collection has seen a total volume of only 97 ETH since launching approximately 24 hours ago at writing.

Supply Count: 6.4k out of 8627 have been minted

Mint Price: First 1k free mint | WL – 0.08 ETH | Public – 0.117 ETH

Current Floor Price: 0.118 ETH

Website: https://rebels.art/

Twitter: https://twitter.com/rebelsbynight




Oddfrens.wtf is a free-to-mint degen NFT collection of 10k 2D hand-illustrated “odd friend” avatars launched on June 8, 2022. According to their Twitter announcements, each person that owns 3 Odd Frens NFTs is eligible to receive a mysterious airdrop of a box with something inside, but not much else is known for now. The floor price of the Odd Frens collection sits at 0.015 ETH, and the collection has seen more than 271 ETH worth of trade volume since its launch. Oddfrens is another collection that indicates that the days of the free-to-mint degen meta may be disappearing, at least for the time being. 

Supply Count: 10,000

Mint Price: 0.02 ETH

Current Floor Price: 0.015 ETH

Website: https://oddfrens.wtf/

Twitter: https://twitter.com/OddFrens

Discord: No Discord


Onchain Block Invaders

Onchain Block Invaders (OBI) was intended to be a 10k on-chain PFP collection with swappable skins and color palettes. 

The story-driven collection is doubled by a bold-simple-inclusive design starting from prime shapes mixed to offer a distinctive collection of NFTs. OBI launched less than 24 hours ago, and there is a total supply of 3,169 NFTs out of 10k. 

Although it was a free-to-mint project, the collection had difficulty selling out. The floor price of the OBI collection sits at 0.019 ETH at writing, and the collection has seen a total trade volume of 33 ETH since its launch. 

Supply Count: 3,171

Mint Price: free + gas

Current Floor Price: 0.019 ETH

Website: https://obinft.xyz/

Twitter: https://twitter.com/OcBlockInvaders

Discord: https://discord.com/invite/obi-nft


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