😳 Madonna and Beeple Collaborate On Racy NFTs! - 11th May, 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

Volume is up slightly, with Opensea trading $129.45 million as many projects which saw dumping over the past few days found small relief.

Azuki was in further turmoil yesterday, @ZAGABOND held a Twitter space where he was supposed to answer the communities questions regarding the blog post released on Monday which showed that Azuki was actually ZAGABOND's 4th project.

The Twitter spaces caused further outrage as the public was not allowed to ask questions directly, you can read a full transcript of the conversation below.

During and after the Twitter spaces, the project's floor price continued to tank, currently sitting at 9 ETH (down a further 32% in the past 24 hours). As Azuki dumped, other Anime projects saw a surge in floor price as speculators bet on which projects could potentially take Azukis's spot if it were to fully evaporate. Kiwami Genesis (0.25 ETH, +25.58%) was one such project, as was Capsule House (0.68 ETH, +53.62%).

As we have seen in recent times, Ragnarok Meta's price dumped over 50%, down to 1.1 ETH as they revealed their art yesterday. If you were previously interested in entering the project, this might be a good time to do so.

Elsewhere in the market, some projects found relief and regained some of the losses that they had suffered over the past few days. This Includes:

• Bored Ape Yacht Club | 102.5 ETH, +13.89%

• Mutant Ape Yacht Club | 20.80, +5.32%

• Doodles | 19 ETH, +6.26%

• Meebits | 5.3 ETH, +6.21%

Finally, I'd like to share with the readers an insightful thread that I scrolled past on Twitter a few days ago, give it a read!

Biggest Purchases

🥇 #1) Bored Ape #1725 bought for 250 ETH ($584,626.63)| Link

🥈 #2) Otherdeed #55171 bought for 156 ETH ($374,412.81)| Link

🥉 #3) Bored Ape #4218 bought for 147 ETH ($343,487.22)| Link

Latest NFT News 📰

⚽ The former England and Liverpool FC football star Michael Owen has come under fire for tweeting that his project 'will be the first NFTs ever that can’t lose their initial value'. Oceidon, a technology company working with Owen, have said the NFTs have a fixed floor price which means the value can only rise, however, the owner of Oceidon recently backtracked on this claim. Be careful!

🎨 Renowned digital NFT artist Beeple and pop royalty Madonna have collaborated to produce three NFTs that depict her as 'the mother of all creation'. The three one of one works will be auctioned on the NFT platform SuperRare on May 11th, with the proceeds of each work going The Voices of Children Foundation, The City of Joy, and Black Mama’s Bail Out.

Scam Warnings 🚨

❌ Be careful of scam links even on Google - We'd recommend bookmarking official pages!

Today's Biggest Drops 👀

With the markets still looking shaky and no big projects on our radar. We suggest keeping your capital protected today. Check back tomorrow!

The NFT Minter Guide to NFTs 💸

Meme of the Day 🤣

Credit: (twitter.com/basedkarbon)

That's all from us! See you next time!

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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.