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Daily NFT/Crypto Market Update: Massive Gains, Multiple Opportunities

Daily NFT/Crypto Market Update - 10/3/2022 | A Thread ๐Ÿงต๐Ÿงต๐Ÿงต

OVERALL TRENDS

Crypto saw a great day today with lots of green all around the market. BTC jumped up and is now close to the 20k mark while ETH has made a steady come up to 1.35k.

1/ NFTs also had a great day with multiple opportunities for profit. Projects still continue to be able to mint out and some plays have been seeing great rises on the secondary market.

2/ Degen/free mint of the day: PEEVERSE GENESIS

@PeeverseNFT Genesis is a 2.9k collection that saw over 3300 sales on secondary today. This free mint was able to raise its floor to 0.017 ETH and make some profit for minters. Peeverse is an ecosystem of

3/ ugly projects based on Pee and Trash. This is the @PeeverseNFT genesis collection and the team has already hinted at releasing more. If these can see volume tomorrow, they could be a play.

4/ IBUTSU MINT AND MOON

@Ibutsu_nft is a 3333 supply collection that minted out at a price of 0.029 per NFT. These quickly saw crazy volume as hype built up and their 3000+ sales have raised the floor to 0.19 ETH. The whole reason why this has seen hype is because of the fact

5/ that each @Ibutsu_nft passively generates APECOIN based on its rarity. We have all heard of APECOIN, so this got major traction. I will be watching this for reveal and for whether the team will actually follow through with this plan.

6/ G-DRAKE MINT

@GDrakeNFT is a project that struggled to mint out but finally did today. It has caught some traction with over 2200 sales on secondary and a steady rise in the floor to 0.02 ETH. These G-Drakes are ducks with some meme art that

7/ has caught the attention of degens. This looks to be a pure degen play, but if it continues to see volume, then it @GDrakeNFT could be something to monitor for an entry.

8/ KITARO WORLD MOON

@KitaroNFT is something that I mentioned a couple times already and it is here once again. The project has seen almost 3000 sales in the past 24 hours and the floor peaked over 0.5 ETH before currently settling at 0.29 ETH.

9/ People are really vibing with the @KitaroNFT art and the storytelling focus of the project. In my opinion, this has the chance to see another pump, so I will be watching the collection for high volume.

10/ OVERALL THOUGHTS

With cryptos rise today and NFTs doing well themselves, if you invested right then you should have made some good profit. Even though we are in a bear and NFTs are not "in", this does not mean that you cannot still thrive.

11/ Take this time to analyze plays smarter so you can make money now and when we ever decide to enter the bull. Thanks for reading and have a great day Kings. Follow my twitter if you enjoyed! ๐Ÿ‘‘๐Ÿ’ต

This post is based on this twitter thread.

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