Daily NFT Update - 20th 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

On Saturday, Opensea saw a third consecutive day of heightened volume after a slow start to the month, closing the day $114.9 million, down just slightly on Fridays $118.4 million.

Most of the larger blue chip projects saw declines in their trading volume, which isn't too unusual after a crazy week.

Bored Ape Yacht Club closed at 5,321 ETH yesterday, down from 6,258 ETH on Friday. Azuki took a much larger hit, closing at 813 ETH which is a 74% decrease on Fridays 3,132 ETH in volume.

Cool Cats ended up closing yesterday at 1,863 ETH with 199 sales, this is Cool Cats' largest day in volume since September 26th, which is very impressive. Like Cool Cats, CrypToadz also benefited hugely from the Yuga Labs video (If you missed our newsletter yesterday, check out this link). CrypToadz closed the day at 2,294 ETH, its highest-selling day in 2022.

NFT Floor Changes

Similar to volume, projects floor increases have begun to cool off over the past 24 hours as people begin to take profits and hype dies down.

CrypToadz (3.49 ETH, -15.28%) reached a floor of 4 ETH yesterday, however, this was short-lived and the project has since dipped back down to 3.49 ETH, this isn't entirely bad news for holders, who are still up 80% over the past 2 weeks.

Cool Cats (8.8 ETH, -2.04%) has done a much better job at holding any gains made over the past week, with the price barely dipping at all. This could partly be explained by Cool Cats only witnessing a smaller pump which is often more sustainable for the project's floor.

We have been watching Doodles (13.78 ETH, -1.57%) closely over the past week, the project was finally able to breach the notorious 13 ETH floor and for a short while yesterday was trading at 14 ETH. Doodles' all-time high floor is 16 ETH, and we are excited to watch how things develop in the next week.

Biggest Purchases

🥇 #1)  Bored Ape 9283 bought for 130 ETH ($379,606.06)| Link

🥈 #2) Bored Ape 1875 bought for 125 ETH ($369,656.21)| Link

🥉 #3) Bored Ape 1189 bought for 125 ETH ($366,417.10)| Link

News

🤼‍♂️ WWE is launching its own marketplace called "WWE Moonsault" which will serve as a platform for their upcoming NFT endeavors and a space for fans to receive exclusive content every month.

🛥️ Cloud Yachts sold a $12 million NFT on Opensea which grants the buyer their very own tactical yacht. This is thought to be the first sale of a yacht through NFTs.

Today's Biggest Drops

PaperHands Allow List:Socials: Discord - Twitter - WebsiteWhen: 20th March 4 PM EST / 8 PM GMTPrice: 0.08 Ξ / 8,888Notes: "Paint to earn", Earn $PPR tokens every time you playHype: 🟩🟩⬛

SkullToons Presale + Public:Socials: Discord - Twitter - WebsiteWhen: Presale - 20th March 9 AM EST / 1 PM GMT            Public - 20th March 12 PM EST / 4 PM GMTPrice: 0.145 Ξ / 7,777Notes: Maximum 1 mint for presale, 3 mints for public saleHype: 🟩⬛⬛

Meme of the Day

Credit: (twitter.com/jimtalbot)

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.