A quick look at the NFT market over the last 24 hours.

Daily Newsletter

May 10 2022

NFT Market Update

Yesterday’s trading volume on OpenSea was up approximately +59.3% from the day before, with approximately $83.4 million worth of trading volume for the day. A trading volume over $70 million signifies strength in the NFT market so such a big pump was encouraging to see after an incredibly slow weekend. 

Source: Dune Analytics

Crypto Update

The cryptocurrency market is still in a slump as the global cryptocurrency market cap continues to plummet and hit new lows for 2022. Bitcoin is down another 4.5% over the last 24 hours at $31,430 and Ether is down 0.15% at $2,378. 

Project Launches


BBRC x IVY BOYS

BBRC x IVY BOYS is the genesis project of BBRC Studios and artist, Aaron Chang. The collection has 7,777 utility-enabled NFTs that feature a diversity of Ivy League and sartorially inspired traits. The collection of BBRC x IVY BOYS is a high-profile project with a large following of NFT collectors. Upon selling out of their mint phase, the collection immediately shot up to as high as 0.29 ETH before seeing a steep drop in floor price. The floor price of the BBRC x IVY BOYS collection is currently sitting at 0.148 ETH at the time of writing and the overall trading volume has also dropped significantly. BBRC x IVY BOYS is one of a few collections that have a chance to pump after the reveal phase due to the level of interest this project has been able to generate.   

Supply Count: 7,777

WL & Public Mint Price: 0.1 ETH – 0.12 ETH

Current Floor Price: 0.148 ETH

Website: https://bbrc.io/

Twitter: https://twitter.com/BBRCOfficial

Discord: https://discord.gg/bbrcofficial

OpenSea: https://opensea.io/collection/bbrcofficial-ivyboys

Mindblowon Universe

Mindblowon Project is a collection of 6,969 NFTs created by the team behind @Tahilalats. They publish comic strips on a daily basis on various social media platforms. Mindblowon Universe was a highly anticipated project which began its first mint phase on May 6th, 2022 as a public fair dutch auction that sold out in less than 2 minutes at a starting price of 0.69 ETH. The floor price of this collection began at around 2 ETH. Since then, the floor price of this collection has fallen substantially as it currently sits at 0.35 ETH which is around half of the public dutch auction mint price. Mindblowon is one of those projects (along with IVY BOYS) that has a reasonable chance to pump after the reveal phase which will largely depend on how well the PFPs are received by the NFT community. The more notable NFT collectors, whales, and influencers use the MindBlowon as their profile pics, the more chance this collection will be able to survive this incredibly unpredictable and unforgiving NFT space.

Supply Count: 6,969

Public Fair Dutch Auction: 0.69 ETH

Current Floor Price: 0.35 ETH

Website: http://mindblowon.io/

Twitter: https://twitter.com/MindblowonNFT

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

OpenSea: https://opensea.io/collection/mindblowon-v2

Hyundai Metamobility

Hyundai Metamobility – Shooting star is an official and original NFT collection of Hyundai Motor Company which had its mint phase less than 48 hours ago. This collection consists of 10,000 NFTs with randomly generated traits, and each shooting star will be transformed into the actual Metamobility NFT sometime around late May. Hyundai Metamobilty collection has been on a downtrend for the past two days as it reached a peak of 0.3 ETH before freefalling to a low of 0.159 ETH. Since then, the floor price of this collection was able to pick back up slightly as at the time of writing the current floor price stands at 0.171 ETH during its pre-reveal phase. 

Supply Count: 10,000

WL & Public Mint Price: 0.15 ETH

Current Floor Price: 0.171 ETH

Website: https://hyundai-nft.com

Twitter: https://twitter.com/hyundai_nft

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

OpenSea: https://opensea.io/collection/hyundai-metamobility-official


Skyverse

Skyverse is a collection of 5,000 floating sky metaverse NFTs which launched their WL mint phase less than 48 hours ago. Skyverse was sitting at a floor price of .142 ETH after their first mint phase. Since then, the floor price of this collection has dropped off considerably along with the trading volume. The current floor price of Skyverse sits at 0.134 ETH at the time of writing, and there is a chance that this collection may not be able to fully sell out at this current pace. 

Supply Count: 5,000

WL & Public Mint Price: 0.1 ETH

Current Floor Price: 0.134 ETH

Website: https://skyversenft.com/

Twitter: https://twitter.com/SkyVerseNFT

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

OpenSea: https://opensea.io/collection/official-skyverse 

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