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Daily Bitcoin Price Update: The Market Lacks Direction

Daily NFT/Crypto Market Update 10/29/2022 | A Thread 🧵🧵🧵

OVERALL TRENDS

Today was a boring day as the crypto market was relatively stagnant. We saw little movement from BTC as it still hovers around 19k and ETH just under 1.3k.

1/ NFTs saw a more active day with a couple of good plays going on. Things are still looking very bearish as a whole but that doesn't mean there are not opportunities everywhere to stack some cash.

2/ Degen/free mint of the day: WIZARDS OF THE TOWER SHADE

@wizardsoftower

is a 9700 supply collection that caught lots of attention on secondary. With over 3800 sales on secondary, this has creeped up to a floor of 0.013 ETH.

3/ @wizardsoftower is a collection of wizards with some mysterious lore. They are doing a storyline and the project's website is uniquely written in code. Mystery drives the floor, so this could be something to monitor tomorrow.

4/ INFAMOUS MINT

@Infamous_ltd was a hyped mint that popped off today. Garnering over 5500 sales on secondary and close to 250 ETH in trading volume, this sits at a current floor of 0.07 ETH. Infamous is a 5555 collection of agents with some really great art.

5/ The project @Infamous_ltd has done a good job of building suspense and mystery, and I assume they will continue to roll out hints. We have already seen a steady floor rise, so be on the lookout for more.

6/ BLUR AIRDROP

Airdrop season back? Hopefully @blur_io is the start. Blur is an NFT marketplace that has gotten a lot of attention due to their Blur Box airdrop. These can be claimed by anyone who has traded NFTs in the past 6 months, so check this out.

7/ Similar to marketplaces like X2Y2 and Magic Eden, @IoBlur

has implemented optional royalties to go along with their unique selling function that allows for floor sales, trait floor sales, and a ladder function. Keep your eye on this, especially for Airdrop 2.

8/ LEDGER BLACK ON BLACK NANO X

The airdrop to @Ledger holders finally happened today, giving each of them a Black on Black Nano X. These NFTs will be burnable on November 3rd for a physical one of these ledgers for free. The current floor for the

9/ project hovers around the 0.085 ETH range, so comparable to the price of buying one of these in cash.

@Ledger is the leading brand for Web 3 and NFT safety so if you want to be extra safe, take a look at these.

10/ OVERALL THOUGHTS

Blur's airdrop definitely was the best news of the day, reminding people of the bull market when airdrops and free stimmys were happening all the time. Take advantage of these opportunities to get

11/ some free money, its great that the people who have stayed in this bear are being rewarded. Thanks for reading as always and have a great day Kings. Follow my twitter if you enjoyed! 💵👑

This post is based on this twitter thread.

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