Daily NFT Update - 19th March, 2022

GM! Welcome to the NFT Minter Daily - The daily no-bullshit newsletter with everything you need to know about NFTs, from the latest news, market recaps and the hottest mints, in less than 5 minutes! ☕

24hr Market Overview

NFT Market Volume

Opensea saw another strong day of sales, closing the day at $118.4 million, down just slightly from $132 million on Thursday.

Bored Ape Yacht Club saw a decline in volume yesterday closing 6,258 ETH, down from 15,085 ETH on Thursday after the hype from the APE airdrop settles.

Cool Cats saw a huge surge in volume over the past 24 hrs, todays trading volume already sits at 1,620 ETH which is a huge increase on 234.78 ETH yesterday, this comes after Yuga Labs who created BAYC and recently acquired Crypto Punks, uploaded a video on Twitter which features Cool Cats, sparking rumours of another acquisition.

Another project featured in the Yuga Labs video is CrypToadz, todays volume is already sitting at 1,962 ETH which is a nearly 1000% increase on yesterday. Many on Twitter noticed that CrypToadz had received an unusually large number of purchases over the past week, suggesting to many that insider trading may have taken place.

NFT Floor Changes

Not only did the projects featured in the Yuga Labs video see an increase in volume, they have also seen nice gains to their floor price.

Cool Cats (8.8 ETH, +22.24%) has seen great gains, which comes as a nice suprise to Cat holders who have endured the past 2 months of downwards momentum, with the floor dropping from 16 ETH all the way down to 6.3 ETH at it's lowest.

CrypToadz (3.88 ETH, +33.22%) similarly has had a great day so far. Just a week ago, CrypToadz floor was sitting at 1.51 ETH, meaning that those who bought over the last week have seen over a 100% gain.

Gutter Cat Gang (9.8 ETH, +40%) have had both an amazing day and week. The project started the week at a 5.7 ETH floor, and similarly to Toadz has seen a near 100% increase over the space of a week.

Biggest Purchases

🥇 #1)  Bored Ape 5552 bought for 188 ETH ($551,344.93)| Link

🥈 #2) Bored Ape 4728 bought for 189 ETH ($529,590.72)| Link

🥉 #3) Bored Ape 1289 bought for 180 ETH ($514,389.95)| Link

News

🐵 Bored Apes creator Yuga Labs teases new project called 'Otherside' though a tweet - featuring multiple NFT projects in the reveal video | Link

💻 Cricket NFT Marketplace, FanCraze - built on the Flow blockchain, the same blockchain as NBA TopShot - announce a raise of a $100M in Series A funding round.

💰 British bank HSBC has become the latest large-scale financial service to embrace Web3 - announcing their onboarding into The Sandbox.

Today's Biggest Drops

Freaks 'n Guilds:Socials: Discord - Twitter - WebsiteWhen: 17th March 20:00 EST / 01:00 GMTPrice: 0.05 Ξ / 10,00Notes: Fully on-chain Play-to-Earn game - nothing much else is releasing today. Stay Tuned!Hype: 🟩🟩⬛

Meme of the Day

Credit: (twitter.com/nftrvl)

That's all from us! Happy minting! 

Disclaimer: The NFT Minter Daily DOES NOT provide financial advice. All content within this newsletter is for informational and entertainment purposes only. The NFT Minter Daily is not a registered investment, legal, or tax advisor or a broker/dealer. Trading any crypto-related asset is extremely risky and could result in significant capital losses.