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Daily Altcoin Market Update: The Blue Skateboard Auction. 6/22/2016.

Daily NFT/Crypto Market Update 10/22/2022 | A Thread 🧵🧵🧵

OVERALL TRENDS

The crypto market had another boring day today with the two major cryptos Bitcoin and Ethereum just consolidating. BTC still is just above 19k while ETH is hovering around the 1.3k zone.

1/ NFTs had an extremely uneventful day with no big plays of interest. We have been in a little period recently where volume is down extremely and people don't want to invest.

2/ Degen/free mint of the day: IDAMURA

@Idamura_xyz is a 4.4k supply that was able to see some decent action today. Getting over 1100 sales on secondary, this pulled its floor up to above 0.01 ETH giving small profits to minters.

3/ @Idamura_xyz is a collection of waifu villagers with some clean art. This is a pretty degen play that has tapered off its volume since earlier in the day. The project does have a unique name history feature.

4/ REDDIT NFTs

@Reddit recently launched their own NFTs called Reddit Collectible Avatars. These were given out to top community members and contributors on Reddit as a free claim. These NFTs have been fetching great prices on secondary as

5/ each one is made by a unique artist as a part of the Collectible Avatars Creator Program. This is something to watch as @Reddit is huge and has already been getting a lot of new people into Web 3.

6/ AZUKI GOLDEN SKATEBOARD MINT

@AzukiOfficial broke some records today as their golden skateboard auction ended. Golden skateboards are the first implementation of PBT and the beginning of a new era of storytelling. These 8 boards sold for a minimum of 200 ETH and

7/ as high as 309 ETH. These are some crazy numbers which encourage the conviction people have in @AzukiOfficial.">@AzukiOfficial Apparently people are still willing to pay the big bucks for the right project.

8/ OVERALL THOUGHTS

Things have been very slow in both the NFT and crypto market alike. The bullish thing though was the Azuki Golden Skateboard auction. I don't think anyone expect the insane prices for this auction and it does tell me that

9/ there are still big whales in the space who want to spend their ETH. As always, thanks for reading and have a great day Kings. Follow my twitter if you enjoyed! 💵👑

This post is based on this twitter thread.

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