☞ The week in NFTs - Volume 28
#ProbablyNothingDigest 🧵 by SODIUM
Gm degen!
In case fomo kicked in after the recent crytpo pump, don't worry, you're not the only one who was waiting for a "better buying opportunity".
The week in NFTs is back - Volume 28 - here we go👇
While Ethereum surged to its highest level in five weeks, NFTs worth $306 mln changed hands during calendar week 28. Overall volume was 10.9% higher than the prior week, CryptoPunks' sales volume rose by 134%.
Interesting move: Art Blocks saw their FP crash by 80% from ATH, however. with nearly 4k ETH traded over the last 7 days, the collection is taking third place on OpenSea’s volume leaderboard.
‣ NFT Market Cap & Sales Volume:
‣ NFT trading activity in the past 7 days:
‣ NFT Market News of the week 07/11 - 07/17:
‣ Yuga Labs' Otherdeed collection has surpassed $1 billion in all-time sales. [Read More]
‣ South Korean fintech 'Dunamu' has announced a $380 million investment to create 10,000 new Web3 jobs over the next five years. [Read More]
‣ Otherside Metaverse demo kicks off with 4,500 participants. [Read More]
‣ Crypto Punk 4156 NFT has sold for 2,691 $ETH ($3,312,000).
‣ Shanghai gov announced plans to develop a $52 billion metaverse industry by the end of 2025. [Read More]
‣ GameStop launched its NFT Marketplace. [Read More]
‣ GameStop has passed the all-time sales volume on the Coinbase NFT marketplace in just 2 Days with 3,167 ETH in trade volume. [Read More]
‣ UK Court grants permission to serve lawsuits via NFT. [Read More]
‣ Ripple partners with CrossTower to launch NFT marketplace. [Read More]
‣ The US Patent and Trademark Office launched a study on the impact of NFTs on intellectual property rights. [Read More]
‣ Paris Saint-Germain is selling NFT tickets for its upcoming Japan tour. [Read More]
‣ OpenSea has laid off 20% of its employees. [Read More]
‣ Ethereum developers proposed the merge to POS for the week of September 19th. [Read More]
‣ Michelin chef Vikas Khanna to release phygital cookbook as NFT. [Read More]
‣ Metaboy NFT collection on Gamestop marketplace made 1,200 ETH total sales volume in the past 7 days. [Read More]
‣ Tencent News has suspended the sales of NFTs due to the adjustment and transformation of the business model. [Read More]
‣ Hyundai Motor unveils NFT membership for new IONIQ 6 EV, including access to VIP rights and exclusive fashion items. [Read More]
‣ Reddit has announced the launch of an NFT-like Avatars series on the Polygon network. [Read More]
‣ Skateboarding icon Tony Hawk has partnered with Sandbox to build the "largest virtual skatepark ever made." [Read More]
‣ Playboy collabs with The Sandbox for its ‘MetaMansion’. [Read More]
‣ South Korea's KEB Hana Bank to partner with Sandbox to open a virtual branch in the metaverse. [Read More]
‣ Top 10 NFT collections by Market Cap:
CryptoPunks with the highest change in sales volume and floor price following the up trend of the recent weeks. Otherdeeds gained momentum during the test run, led to +46.52% increase of sales volume during this week.
CloneX is stuck at around 10 ETH, no significant move in either direction although RTFK released an update of the roadmap recently.
‣ Top 5 NFT Sales by Price on Ethereum:
1) CryptoPunk #4156 for 2,691 ETH
2) CryptoPunk #4464 for 2,500 ETH
3) CryptoPunk #6137 for 360.1337 ETH
4) CryptoPunk #7360 for 313.37 ETH
5) CryptoPunk #8191 for 310 ETH
‣ Top 10 Crypto Prices by Market Cap:
The global cryptocurrency market cap today is $1.06 Trillion
‣ Top Content Recommendation:
The #ProbablyNothingDigest - Brought to you by SODIUM
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