🧀 Kraft Patents NFT Restaurant!- 13th June, 2022

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24hr Market Overview 📈

NFT Market Recap

Unfortunately, it has been another terrible 24 hours for the NFT Market. At this point we are entirely at the mercy of how the wider crypto market moves.Over the past 24 hours, Bitcoin crashed -13.49% to $23,771 and ETH dropped -17.46% to $1,210.

This morning, Celcius which is one of the largest crypto lending platforms halted withdrawals, which further fed into the rumors which have been circling for weeks that Celcius is insolvent. Celcius said that this move is to put them in a better position to honor their withdrawal obligations.

Whilst the Crypto markets continue to crash, there is still much further room to fall as the wider economy looks like it will continue to shrink.

Here's a list of just some of the movements over the past 24 hours.

• Bored Ape Yacht Club | 72 ETH, -18.17%

• Mutant Ape Yacht Club | 13.4 ETH, -20.94%

• Otherdeed | 1.79 ETH, -16.98%

• Azuki | 7.4 ETH, - 22.92%

• Doodles | 7.4 ETH, -26%

• Cool Cats | 2.85 ETH, 17.15%

Like we have iterated a couple of times over the past few days. We are currently not looking to buy this dip. Whilst these may seem like good discounts compared to the previous pricing, there is still room for things to get much worse.

It is better to stay liquid than to take unnecessary risks.

Biggest Purchases

🥇 #1) Fidenza #838 bought for 115 ETH ($205,856.75)| Link

🥈 #2) Bored Ape #1199 bought for 130.345 ETH ($187,125.61)| Link

🥉 #3) Autoglyph:378 bought for 100 ETH ($179,051.00)| Link

Latest NFT News 📰

🧀 American food manufacturing giant Kraft Foods Group has filed NFT and metaverse patents for several of its popular brands. According to a Monday Tweet from the United States Patent and Trademark Office (USPTO) licensed trademark attorney Mike Kondoudis, Kraft Foods has locked in trademarks for a long range of potential services and products, including a virtual restaurant where users can earn rewards and virtual assets.

Today's Biggest Drops 👀

Bubblegoose Ballers:Socials: Discord - Twitter - WebsiteWhen: 12th June 10:00 EST / 15:00 GMTPrice: 7 SOL / 10,000Notes: Neo Hunters will be minting on Magic Eden's Launchpad. With Solana being so low, SOL mints are always worth a punt, even if this is an expensive one, it seems that the hype is there.Hype: 🟩🟩🟩

Meme of the Day 🤣

Credit: (twitter.com/HighYieldHarry)

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.