🏁 Mercedes To Bring NFTs To Miami GRAND PRIX! - 7th 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! ☕

24hr Market Overview 📈

NFT Market Recap

Friday was a very boring day for the NFT space in comparison to the thrilling couple of weeks we have just witnessed. Opensea saw a sizeable reduction in trading activity. Much of the market moved only slightly after Thursday's dump, with many projects prices consolidating.

BEANZ which revealed it's art on Wednesday is now sitting just above 4 ETH with a floor of 4.09 ETH, which is essentially the same position that it found itself yesterday. The community was hoping that more buyers would step in and create some type of bounce although that is yet to fruition.

Other projects which saw very little movements included:

• Azuki | 25.7 ETH, 0%

• Otherdeed | 3.57 ETH, +2%

• Bored Ape Yacht Club | 106 ETH, 0%

With the market recovering from a poor day in equities and crypto alongside the cooling hype in the aftermath of the Otherdeed mint. We wouldn't be surprised to see a few more days similar to today.

Biggest Purchases

🥇 #1)  Chromie Squiggle #133 bought for 229 ETH ($616,392.09)| Link

🥈 #2)  Otherdeed #48882 bought for 204.96 ETH ($549,808.69)| Link

🥉 #3)  Bored Ape #4667 bought for 200 ETH ($544,989.81)| Link

Latest NFT News 📰

🏁 The Formula-1 team, Mercedes, will display NFT artwork by artist Mad Dog Jones at the Miami Grand Prix. In collaboration with their sponsor, FTX, a range of NFT collectibles have also been released for the Miami weekend, with the previously mentioned artwork being displayed on the rear wings of both Lewis Hamilton and George Russell in Miami.

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/themplx)

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

Want thousands of eyes on your project/tool? Advertise with us! 👀

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.