💖 NFT Community 4X's Artists SALARY! - 18th 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

On Tuesday, Opensea traded $42.48 million, a slight increase on Monday but still very low. As BTC and ETH bounce around inside of a range, we saw a number of smaller projects pump. Meanwhile, the larger and more established projects saw little movement despite making up most of the daily volume.

Milady Maker, the popular meme project which has tons of backing on Crypto Twitter saw a strong day of gains, up 70.59% and currently sitting at 1.45 ETH. Last week Milady Maker's were hit particularly hard during the crash, with the floor falling all the way down to 0.35 ETH. Anybody who was able to buy the Milady dip is already sitting on big % gains. Milady's pumped entirely because of the communities ability to make memes about the project, If you want to see for yourself the power of memes, search milady on Twitter and enjoy the spectacle.

Both Bored Ape Yacht Club (97.50 ETH, -2.3%) and Mutant Ape Yacht Club (19.99 ETH, -1.04%) saw small losses, whilst Otherdeeds (3.1 ETH, +5.44%) saw small gains. Again, these moves are very minuscule as the market simply lacks the volume required to make big projects move.

Yesterday, Karafuru launched their collaboration with Hypebeast & ATMOS, a collection of 3D Karafuru. 3D Karafuru were airdropped to the OG project holders, which as usual led to a dump in floor price. The project is down -32.3% and now sits at a 1.547 ETH floor. This is a fairly average post airdrop drop in price and so isn't anything to be too concerned about.

Other notable movements which we saw yesterday included:

• The Art Of Seasons | 1.34 ETH, +21.82%

• Invisible Friends | 5.39 ETH, +14.68%

• Murakami Flowers Seed | 5.5 ETH, +5.36%

• Degen Toonz | 1.6 ETH, -12.33%

Biggest Purchases

🥇 #1) Otherdeed #72934 bought for 165 ETH ($345,834.13)| Link

🥈 #2) Otherdeed #10646 bought for 159.9 ETH ($326,384.94)| Link

🥉 #3) Fidenza #977 bought for 130 ETH ($272,475.35)| Link

Latest NFT News 📰

❤️ Some wholesome news - After tweeting that they were considering producing an NFT and receiving unprecedented backlash from other artists, pixel artist @jmw327 released their first NFT. It currently has a bid of 19 ETH (~$38,600) after much support and rallying from the NFT community. Congrats jmw327!

📈 According to a report by CoinDesk, popular US trading app, Robinhood, plans to release a crypto wallet, which will focus on DeFi products by the end of 2022. Robinhood hopes to allow users to lend, farm, stake and buy NFTs.

Today's Biggest Drops 👀

Money Bags Allowlist:Socials: Discord - Twitter - WebsiteWhen: 18th May 17:00 EST / 22:00 GMTPrice: 0.1 ETH / 5,555Notes: Offering giveaways and ETH prizes if a diamond, gold bar or cash stack is minted. More details can be found in this official tweet.Hype: 🟩⬛⬛

Meme of the Day 🤣

Credit: (twitter.com/scott_lew_is)

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.