Starclaw59.eth
Starclaw59.eth 3 minutes reading from Bitcoin

Daily Altcoin Market Update: Bitcoin Price Consolidation Continues

Daily NFT/Crypto Market Update 9/22/2022 | A Thread 🧵🧵🧵

OVERALL TRENDS

Following the recent high volatility of the crypto market, we actually saw a day of consolidation today. BTC is hovering just under 19k while ETH is sitting around 1.3k. I would not be surprised if we

1/ go volatile again soon. NFTs actually saw a better day today with some high sales degen projects. There is good profit if you look in the right places and follow high volume collections.

2/ Degen/free mint of the day: PORKERS

@PorkersLOL is a 10k supply collection that performed well today and garnered a lot of sales on secondary. Seeing over 9500 sales, this project sits at a current floor of 0.02 ETH. Porkers is a large supply of pigs with colorful and

3/ fun traits. The project @PorkersLOL has dove into creating lore around the project and the pigs, which could have been a reason for this pump. This is something on my radar.

4/ 10KTF ADVANCEMENT

@10KTFshop reached a big point in their storyline today as the most recent mission was about leading the final charge against the Kaiju invasion. In doing this, they made a super well done video that leaves us with the question, what's next?

5/ This was the end of season 1, so they for sure have more in store. @10KTFshop has had a role in the largest projects from @BoredApeYC to @worldofwomennft to @coolcatsnft I can't wait to see what is next and I know it will be great.

6/ CARDANO VASIL UPGRADE COMPLETES FIRST PHASE

The highly anticipated Vasil hard fork upgrade for the @Cardano network finally happened today. This is bullish for the network as this will increase the scalability and efficiency of the network as well as make it more cost

7/ conscious. Cardano has seen a 6% increase today thanks to this after having this upgrade delayed multiple times throughout this year thanks to various reasons. This is bullish news for crypto, so props to the team behind Cardano and this update.

8/ OVERALL THOUGHTS

With the market having been very turbulent ever since the Ethereum Merge, it was nice to relax and have some consolidation within the market. NFTs appear to have gone back to their old ways and move into a simple degen meta for free mints. This makes profits

9/ a lot more easy to come by so I would suggest trying to stack your ETEH while we wait out the rest of this bear market. Thanks for reading and have a great day Kings. Follow if you enjoyed! 💵👑

This post is based on this twitter thread.

Comments

Please login to comment.