A brief and concise summary of events in the NFT space over the last 24 hours.

Daily Newsletter

NFT Market Update

The trading volume on OpenSea continues its bearish trend, having less than $50m of trading volume for the past eight days in a row compared to earlier this month – when the trading volume was well over one hundred million dollars per day. The daily trading on OpenSea yesterday was up 6%, with approximately $36.7 million dollars traded.

Source: Dune Analytics

Crypto Update

After a positive weekend, the major cryptocurrencies are now back in the red. Bitcoin is down 3.8% over the last 24 hours at $29,272, and Ether is down 5% at $1,969. Avalanche has continued its calamitous decline over the last months – down another 11.1% over the last 24 hours at $28.64.

Launched and Trending Projects


Curiosities

Curiosities is a 5k collection of 2D hand illustrated alien art PFPs. The Curiosities collection first minted on May 16th and had little to no trading volume. In the last 24 hours, the collection went from having one sale per day to more than 6,628. The trading volume for this collection has since cooled down and dropped off significantly.  

Supply Count: 5,000

Mint Price: 0.04 ETH

Current Floor Price: 0.093 ETH

Website: https://www.curiositiesnft.com/

Twitter: https://twitter.com/CuriositiesNFT

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

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

The Uncanny Country Club

The Uncanny Country Club is a 70s comic book style PFP collection with a total supply of 5,000 NFTs. This was a relatively unknown project which first minted on May 14th, 2022. The project chose to take an interesting route and implemented a “no mint limit” so anyone could mint as many NFTs as they could afford. Having no mint limits are usually frowned upon because creators and people in the know could mint and dump on the rest of the community, but it ended up working in this collection’s favor. Whoever minted is sitting pretty at almost 6x profit, as the floor price is sitting at 0.179 ETH at writing. 

Supply Count: 5,000

Mint Price: 0.03 ETH

Current Floor Price: 0.179 ETH

Website: https://www.theuncanny.io/

Twitter: https://twitter.com/TheUncannyClub

Discord: https://discord.com/invite/7DKnvv7Cct

OpenSea: https://opensea.io/collection/the-uncanny-country-club-official

Hot Dougs 

Hot Dougs is a collection that minted more than two months back on March 8th, 2022. This is another trending collection (similar to Curiosities) where there was little to no trading volume, and suddenly the collection pumped and began trending on OpenSea. This collection went from one trade per day to more than 1,646 sales in the last 24 hours.

Supply Count: 6,969

Mint Price: 0.025 ETH

Current Floor Price: 0.028 ETH

Website: https://hotdougs.xyz/

Twitter: https://twitter.com/hotdougsnft

Discord: N/A

OpenSea: https://opensea.io/collection/hot-dougs

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