💰 Moonbird Holders Profit 10 ETH ($30k) INSTANTLY! - 17th April, 2022

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24hr Market Overview 📈

NFT Market Volume

Saturday saw Opensea volume receive a colossal spike in trading volume, closing the day at $177.53 million, up from $66.69 million on Friday.

This huge spike in volume can be attributed to one of the most successful NFT project launches in history, Moonbirds, which traded 36,458 ETH yesterday. This level of trading volume is unprecedented in a single day, especially for a new project and we have yet to find evidence of any project which has had such a successful launch.

Elsewhere in the markets, as the majority of attention was focused on Moonbirds, other projects received very small amounts of volume.

Cool Cats received a small surge in volume yesterday, trading 897 ETH, up from 383 ETH on Friday. As did Azuki, which closed the day at 730 ETH in sales, up from 504 ETH on Friday.

NFT Floor Changes

With the insane success of Moonbirds, many NFT enthusiasts rushed to sell their personal holdings in other projects, in order to try and purchase a Moonbird. This led to an overall red day for much of the NFT market, with Moonbirds by far the biggest winner.

Moonbirds floor currently sits at 12.7 ETH, netting those who minted yesterday a profit of over 10 ETH ($30,000) already.

A private NFT community which we mentioned last week, Proof Collective, gave their holders 2 free mints for the Moonbirds launch, netting their holder's instant profits. Proof Collective has since witnessed a small sell-off, with the floor now sitting at 75.69 ETH, down 10.59% as users who purchased group access for the free mint no longer require the pass.

Elsewhere, projects such as Cool Cats (6.3 ETH, -5.97%) and Mutant Ape Yacht Club (24.8 ETH, -6.94%) saw small losses as holders looked to move their liquidity into Moonbirds.

Biggest Purchases

🥇 #1) Bored Ape #7818 bought for 131 ETH ($401,242.00)| Link

🥈 #2) Mutant Ape #21256 bought for 128.505 ETH ($393,157.47)| Link

🥉 #3) Moonbirds #8959 bought for 120 ETH ($364,431.81)| Link

Latest NFT News 📰

🌳 Web3 infrastructure Polygon, recently announced its' Green Manifesto - titled "A Smart Contract with Planet Earth", in which it pledged $20 million to ensure that the platform stays carbon neutral.

Scam Warnings 🚨

❌ Ongoing Warning - If you are tagged in a seemingly high profile projects' 'founders' tweet like below, do not click the link. It is likely fake and in the event that a project like Azuki or Bored Ape Yacht Club does a stealth drop - the founders will not tag you en masse. These are scams, even if the account is verified.

Today's Biggest Drops 👀

With everyone recovering from the MoonBirds hype, there's nothing much on our radar today. Check back tomorrow... 👻

Meme of the Day 🤣

Credit: (twitter.com/anothercohen)

That's all from us! Happy minting!

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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.