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Bitcoin Price Continues to Fall, Market Recovers

Daily NFT/Crypto Market Update 10/26/2022 | A Thread 🧵🧵🧵

OVERALL TRENDS

The market rose slightly today following yesterday's big gains as we saw green in the crypto market once again. BTC is over 20.5k while ETH is also above 1.55k.

1/ NFTs had a decent day with a couple of plays doing well. Volume is still very low and until we see more attention go towards the blue chips again, it is safe to say we are still firmly in a bear market.

2/ Degen/free mint of the day: VOXVOT

@voxvot is a 6666 supply collection that led the market in total sales. With over 5000 sales, this has risen to a current floor of 0.033 ETH. VoxVot is a collection of mechs with some pretty unique and cool art.

3/ @voxvot is another manual reveal concept that is already in play so the supply is constantly going down. They had an AMA with the ex-founder of @Crunchyroll too, so I will be keeping an eye on VoxVot.

4/ FRIDAY BEERS MINT

@FridayBeersNFT Beers was a hyped 5555 collection that garnered a lot of attention in the market. Seeing around 3000 sales on secondary, this was able to make minters profit, but as the day went on, the floor dropped below mint to 0.065 ETH.

5/ @FridayBeersNFT Beers is a popular media and lifestyle group that created its own pixel art collection. This has a strong team with people like @nftboi_ and @TheHaQa behind it and a good looking roadmap if it can pull through so keep this on your watch list.

6/ MEMELAND + POTATOZ UPDATE

So @Memeland made a big announcement today about their upcoming Captainz mint. This will be the main collection, so presumably even more coveted and expensive than @nftmemeIand. Memelist gives guaranteed Captainz mint, while holding Potatoz gives

7/ either FCFS or a guaranteed mint depending on the number you hold. As a result, @nftmemeIand has seen some good volume and it will be smart to monitor this as the Captainz mint date gets revealed and hype increases.

8/ OVERALL THOUGHTS

Crypto has been continuing its upwards trend which is a great sign for the market. NFTs have been slower but that is to be expected when there is higher volatility within the crypto market.

9/ Especially now, don't get antsy on your ETH, don't overinvest, and take profits aggressively! 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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