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  • πŸ€ Solana DeGods Buy A Basketball Team! - 29th April, 2022

πŸ€ Solana DeGods Buy A Basketball Team! - 29th April, 2022

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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! β˜•

24hr Market Overview πŸ“ˆ

NFT Market Recap

Thursday saw Opensea trade a very similar volume to Wednesday, with $108.48 million in sales.

Ragnarok Meta, which launched on Wednesday, had a second strong day of volume. The project saw 1,741 sales totaling 3,468 ETH. This came with much volatility, which we expect to continue leading up to the art reveal. The project initially cost 0.77 ETH to mint, and currently sits at 2.9 ETH after bouncing around between 2 and 3 ETH yesterday. It's not unlikely to see further gains as influencers on Twitter have begun to shill the project however it's wise to practice caution around the date of reveal as prices may drop temporarily.

After a slow couple of days, the Yuga Labs projects saw trading activity pick up. Bored Ape Yacht Club (152 ETH, +4.84%) saw small gains, with the project now sitting at all-time highs after 2,122 ETH in sales yesterday. Similarly, Mutant Ape Yacht Club (41.68 ETH, +11.15%) saw larger gains, which made up for the losses that the project had sustained over the past few days.

$APE Coin which holders will use to purchase land in Yuga's Otherside mint on Saturday saw incredible gains over the past week. The coin hit a high of $27 yesterday before retracing and currently sits at $23.

Many are expecting the coin to lose value and dump immediately after the launch on Saturday, but Yuga Labs likely has big plans to announce further utility for the token, with some notable holders on Twitter already posting leaks that have not been confirmed at this time.

Other notable moves yesterday include:

  • Murakami Flowers | 6.9 ETH, +9.52% (Read this thread for a great breakdown)

  • VeeFriends Series 2 | 0.77 ETH, -11.15% 

  • Azuki | 23.85 ETH, -2.25% (Low volume as attention has shifted towards Yuga Labs)

  • The Association NFT | 0.03 ETH, -44% (Dumped hard after art was revealed)

Biggest Purchases

πŸ₯‡ #1)  Autoglyph:292 bought for 177 ETH ($511,276.45)| Link

πŸ₯ˆ #2)  Bored Ape #3930 bought for 166 ETH ($493,210.38)| Link

πŸ₯‰ #3)  Bored Ape #9830 bought for 168.005 ETH ($492,273.88)| Link

Latest NFT News πŸ“°

πŸ“ˆ NFT Startup, Revise successfully raised $3.5 million in its first seed funding round.  The company aims to allow NFT collection owners to link their collections NFTs to external data, allowing programmable properties to change as the data changes, meaning that the appearance of your NFT could change in real time! This could be from actions in games, time held, etc. We'll be watching this one closely!

πŸ€ Solana Blue Chip NFT, Degods, announced the acquisition of an ownership stake in a professional basketball team via BIG3. More info can be found in their tweet below:

Scam Warnings πŸš¨

❌ Weirdos discord was hacked.

Today's Biggest Drops πŸ‘€

There's nothing much on our radar today. Keep that capital safe - Check back tomorrow... πŸ‘»

Meme of the Day πŸ€£

What would you do if you were given $37 million just for holding your NFTs?

Credit: (twitter.com/Loopifyyy)

That's all from us! Happy minting!

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