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Daily Altcoin Market Update: The Biggest Hottest Moments

Daily NFT/Crypto Market Update - 10/20/2022 | A Thread 🧵🧵🧵

OVERALL TRENDS

The crypto market was pretty boring today as it has been relatively stagnant as of late. BTC has still been sitting around the 19k range while ETH still remains under 1.3k.

1/ NFTs were led today by a couple of nice mints including @degenheim,">@degenheim which had crazy hype. Volume is still very down overall, but there are still plenty of opportunities to stack some money.

2/ Degen/free mint of the day: CSGNUS GENESIS NFT

@cxgnusnft Genesis is a 5k supply NFT that saw a good bit of action today. With over 2500 sales on secondary, this has been able to creep up over 0.01 ETH, giving small profits for minters.

3/ @cxgnusnft Gensis is an anime NFT whose utility consists of storytelling. This is based off an original light novel about superhumans, so the storytelling aspect of this may be able to gather more volume. Keep an eye on this.

4/ DEGENHEIM MINT

@degenheim was probably the most hyped mint of late and it did not disappoint. Even in this bear market, they got over 3600 sales on secondary as well as climbed to a current floor of 0.17 ETH.

5/ @degenheim is an NFT game project that has been building its rep for a while in the space. They hosted a huge tournament and sold a genesis collection. Keep this on your radar, lots of good things.

6/ HELLO CHARLIE NFT

@HelloCharlieNFTis a 5k supply collection that got a lot of attention. With over 2500 sales on secondary, this 0.01 mint has risen to 0.06 ETH, giving great profits to minters and quick flippers.

7/ @HelloCharlieNFT is a community based project with some really good looking art. This uses the manual-reveal mechanic which has been slowing becoming a meta thing. This is something to watch for more volume tomorrow.

8/ ETHER APPLICATION WAVE

@ether has been sending out their latest wave of application acceptances. If you haven't heard of it, Ether is looking to be one of the next most hyped projects. Amazing art, a metaverse, and more have all been reasons why this

9/ has over 54k Twitter followers with only 7 posts. To get into their @ether community, there is an application process that is very coveted. I would highly recommend trying your best to apply and hopefully get in.

10/ OVERALL THOUGHTS

The good news is that a hyped mint was able to make profit for whitelisters and minters. The bad news is that macroeconomic conditions are still very bearish. Events like China's Communist Party Congress and the financial depreciation of

11/ national currencies remind us of the market sentiment of the economy and markets. Take care and stay safe in your investments. Thanks for reading and have a great day Kings! Follow if you enjoyed! 💵👑

This post is based on this twitter thread.

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