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

Daily Newsletter

NFT Market Update

The trading volume on OpenSea yesterday was down by -11.5% compared to the day before with slightly less than 18.4 million traded. Last week we saw the trading volume hovering around the 15 and 17 million dollar range, but in the last two days, we have seen trading volumes of $20.8 million and $18.4 million, respectively.  

Source: Dune Analytics

Crypto Update

The cryptocurrency market had a slight increase in its global market cap for the past two days but the prices of most major altcoins and cryptocurrencies largely remained the same. The global cryptocurrency market cap was up by +0.3% yesterday, with a total valuation of just over 941 billion dollars. Bitcoin is down by -0.2% and trading at just over $20,315. Ether is down by -0.9% and trading at $1085. 

Source: CoinGecko

Recent Launches and Trending Projects


AzukiArt

AzukiArt is a collection of 7,777 avatars generatively created using AI technology combined with the original art from the Azuki NFT collection. 

The project has no affiliation with the official Azuki collection so this is a derivative project of sorts. 

According to the team, a powerful editor tool will become available for holders to build real Web3 together with its community. Members who hold AzukiArt will also be given land in AzukuArt Planet for free sometime around late July. 

The AzukuArt project has more than 71.7k followers on Twitter which is extremely high compared to other similar derivative projects. A large part of the project’s success is owed to engagement farming practices such as WL and free mint giveaways.

The collection floor price sits at 0.064 ETH at writing which is less than the initial mint price of 0.08 ETH signaling that this project is likely doomed for failure, at least for the short term. 

Supply Count: 3421 of 7,777

Mint Price: 0.08 ETH

Current Floor Price: 0.066 ETH

Website: https://azukiart.io/

Twitter: https://twitter.com/Azuki_Art

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

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

The Bear Market Bullies

The Bear Market Bullies is a collection of 7,777 bear avatar NFTs that launched a few hours ago earlier today. 

The collection went with an instant reveal, and the collection sold out in 12 hours since its launch. The Bear Market Bullies was a free-to-mint project which is part of the Genetic Chain umbrella. 

Genetic Chain is another collection that helps to curate and launch NFT projects alongside other well-known artists. According to the team, “FVCK A BEAR MRKT. FVCK A WEBSITE. FVCK SPACES. TWITTER  ONLY”. 

The collection has a royal fee of 10%, and it was free to mint for all Genetic Chain NFT holders who held their NFTs in time for the snapshot. The floor price of this collection sits at 0.03 ETH at writing. 

Supply Count: 7,777

Mint Price: free + gas

Current Floor Price: 0.03 ETH

Website: No Website

Twitter: 
https://twitter.com/BearMrktBullies

Discord: No Discord

OpenSea: 
https://opensea.io/collection/the-bear-market-bullies

Lil Chimps

Lil Chimps is a free-to-mint collection of 5,555 little chimp NFTs. The project has no affiliation with the plethora of other NFT projects with ‘chimp’ in its name. 

The Lil Chimps began its mint phase less than 24 hours ago, and the project sold out in a matter of a few hours. 

The Lil Chimps collection offers utility to its holders making it stand out from other degen free-to-mint projects. Holders of Lil Chimp NFTs will gain private lightning node access powered by @alphaomegaNFT. 

The collection floor price sits at 0.026 ETH at writing and Lil Chimps is one of the top trending collections on OpenSea during the last 24 hours. 

Supply Count: 5,555

Mint Price: free + gas

Current Floor Price: 0.026 ETH

Website: https://lilchimps.com/

Twitter: 

https://twitter.com/ChimpsNFT

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

OpenSea: 
https://opensea.io/collection/lil-chimps-official-v2

Gossamer Seed

Gossamer Seed is a collection of 10,000 NFTs that is based on a Web3 story based on the work of Newbery winner, Lois Lowry (author of ‘The Giver’). 

The collection first launched on June 15th, and it was a free-to-mint project. The project website and Twitter hints at a new TV and Web3 series coming soon called Gossamer World. 

The entire project is shrouded in mystery and this has got the collection floor price to pump. The current floor price of this collection sits at 0.378 ETH with more than 1.2K ETH traded which is an incredible feat for a free-to-mint project with little to no marketing effort.

Supply Count: 10,000

Mint Price: free + gas

Current Floor Price: 0.378 ETH

Website: https://gossamer.world/

Twitter: 
https://twitter.com/Gossamer_world

Discord: No Discord

OpenSea: 
https://opensea.io/collection/gossamer-seed

LonelyPop

LonelyPop is a 10k collection of anime-style PFPs created by Thai artist, Noinah in collaboration with 0xStudio. 

0xStudio is known for its exceptional marketing prowess in the NFT space, being largely responsible for the success of 3Landers, among other NFT projects. 

The reveal date for LonelyPop was scheduled for today and since the reveal the collection has seen a great deal of trading volume, making LonelyPop the #1 trending collection on OS by volume in the last 24 hours. 

The current floor price of the LonelyPop collection sits at 0.243 ETH at writing, and the collection has seen more than 1.9K ETH worth of trading volume since it was released last week. 

Supply Count: 10,000

Mint Price: 
WL – 0.075 ETH
Public – 0.15 ETH

Current Floor Price: 0.243 ETH

Website: https://lonelypop.com/

Twitter: 
https://twitter.com/LonelyPopNFT

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

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

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