💻 Free Blockchain Domains For All Blockchain Users!- 14th June, 2022

GM and 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! ☕

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24hr Market Overview 📈

NFT Market Recap

Over the past 24 hours we saw further carnage in the Crypto markets, with Ethereum dropping to lows of $1040, fortunately, the market seems to have at least found a temporary bottom allowing for some relief amongst NFTs.

Opensea traded $27.75 million yesterday, a jump in volume from Sunday's $19.6 million as projects saw small bounces, unfortunately, most of these bounces weren't enough to make up for the past week of losses.

Bored Ape Yacht Club led the way in terms of volume, with 3,500 ETH in sales, which is closer to how it used to trade when the markets were more lively. The collections floor price also regained some of the losses made, up 15.28% to 83 ETH.

Mutant Ape Yacht Club (15.5 ETH, +15.67%) also saw a nice bounce, however, is still down -19.10% over the past week.

Other projects which saw relief bounces include:

• Azuki | 9.25 ETH, +25% (still -15.91% over the past 7 days)

• Doodles | 9.4 ETH, +27% (still -26.56% over the past 7 days)

• Mfers | 1.45 ETH, +45.15% (still -45.26% over the past 7 days)

• Meebits | 3.55 ETH, +18.33% (still -15.48% over the past 7 days)

So far, we haven't seen too much strength in the market's bounce, with no v shape recovery as we have seen previously. Now that the daily and weekly charts have broken the market structure, any recovery will likely take a while and once the market does find a permanent bottom we will probably see some sideways movement.

Biggest Purchases

🥇 #1)  CryptoPunk 8620 bought for 275 ETH ($342,402.19)| Link

🥈 #2)  CryptoPunk 5690 bought for 275 ETH ($305,017.26)| Link

🥉 #3)  CryptoKong VX #8754 bought for 151.699 ETH ($217,781.63)| Link

Latest NFT News 📰

🎨 According to ArtNews, World-renowned performance artist Marina Abramović is launching her first ever NFT later this week, of “The Hero” (2001), one of her most personal performance pieces. Proceeds from the sale will be used to "award grants to a group of people who are working within this new space".

💻 Long standing Bitcoin exchange, Blockchain.com, has announced that it will be providing free NFT domains for all its users, partnering up with Unstoppable Domains to achieve this. Users will be able to get a .blockchain address to use in place of a traditional wallet address.

Today's Biggest Drops 👀

Defi Frens:Socials: Discord - Twitter - WebsiteWhen: 13th June 18:00 EST / 23:00 GMTPrice:  0.069 ETH / 5,555Notes: Defi Frens has been building up hype for a long time - this could be a good mint among these market conditions.Hype: 🟩🟩🟩

Meme of the Day 🤣

Credit: (twitter.com/PuffYatty)

That's all from us! Enjoy your weekend!

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.