🐤 Looney Tunes NFTs - What's Up Block? - 3rd June, 2022

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24hr Market Overview 📈

NFT Market Recap

Over the past 24 hours, we didn't see much of a move in Opensea volume, which hit around $36 million for the day. The network pause on Solana seemed to carry over to yesterday with Magic Eden volumes only hitting around $4 million.

The biggest mover of the day was Boki, the collection 'where child-like imagination runs free and fantasy is celebrated'. In the past 24 hours, we've seen the floor jump from 0.39 ETH to around 1.6 ETH, which is a move of about 370%! Did you manage to mint one after we featured their drop?

The highly publicised goblintown.wtf took a hit yesterday after the meme-machine slowed down. We saw floor prices slide from 8 ETH down to around 6.66 ETH, a drop of around 16.5%. It may not all be doom and gloom, as a sell-off is to be expected after a massive pump.

The goblintown.wtf derivates market, however, did not react well to the sell-off. Multiple goblin-themed NFTs came out around the goblintown hype, including goblingirlz, goblin ai and goblinpiss. A thread by @treckex on twitter gave a good overview of the state of goblin derivatives:

Despite the low volume. we also saw some strong movements on Solana over the past 24 hrs including:

• Okay Bears | 165.8 SOL, +25.6%

• Trippin Ape Tribe | 33.4 SOL, +28.4%

• Annoyed Rex Club | 3.5 SOL, +70.73%

• Jikan Studios | 5.84 SOL, +57.84%

Biggest Purchases

🥇 #1) Bored Ape #9153 bought for 170 ETH ($309,949.02)| Link

🥈 #2) Bored Ape #5513 bought for 139 ETH ($252,527.81)| Link

🥉 #3) Bored Ape #3627 bought for 93 ETH ($170,836.53)| Link

Latest NFT News 📰

🎤 Mariah Carey is entering the crypto space with the launch of her very first NFT. It is a one-of-one designed like a boarding pass, and according to The Rolling Stone, the NFT includes an opportunity to meet Carey and fly with her on a private jet to New York later this month, when the music legend is inducted into the Songwriters Hall of Fame, with the winner being able to sit with Carey at her table during the actual induction ceremony.

🐤 According to The Hollywood Reporter, Warner Bros. is continuing its experimentation in the NFT business, with the characters from Looney Tunes being the next company IP to get the NFT treatment. The company is once again working with the NFT platform Nifty’s on the project, which will be called “Looney Tunes: What’s Up Block".

Today's Biggest Drops 👀

There's nothing worth minting on our radar today, check back tomorrow!👻

Meme of the Day 🤣

Credit: (twitter.com/SOLBuckets)

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.