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Daily Cryptocurrency Market Update: $BTC Nears 17k Market Cap

Daily NFT/Crypto Market Update 11/29/2022 | A Thread 🧵🧵🧵

OVERALL TRENDS

Today was another great day in the cryptocurrency market as we saw gains all around. BTC is nearing the 17k mark while ETH made a big jump to over 1.25k.

1/ NFTs also had a pretty good day with a bunch of profit potential in the market. It looks like the market is starting to come back alive right now with some degen plays so we will see if this trend can keep up.

2/ Degen/free mint of the day: CRYPTODUCKS

@CryptoDucks69 is a 2222 supply project that did well today. Getting over 2500 sales on secondary, this project peaked at 0.11 ETH before dropping down to its current floor of 0.034 ETH.

3/ @CryptoDucks69 is a derivative project created by artist @simo_eth These were free mints for @CryptoDickbutts and @cryptopunksnfts holders and this might have helped pump this project. This is a pure degen play but we have been in a degen meta.

4/ DREAMY MINT

@dreamy is a 5555 supply project that led the market in total sales. Seeing close to 3500 sales on secondary, this project currently sits at a floor of 0.046 ETH. Dreamy is a cool project with art that fits the cute meta and reminds me of @BokiNFT

5/ Inspired by nostalgia and a cozy aesthetic, this @dreamy caught the attention of a lot of people in the space. This is something to watch as reveal happens because a lot of people are vibing with the project.

6/ BRUH PILLS SELLOUT

@pills_bruh is a 3333 supply project that minted out early today and got some good attention. With around 2500 sales on the day, this project currently sits at a floor of 0.04 ETH, giving good profit to investors.

7/ @pills_bruh is an experimental collection with the goal of creating the Bruh Miniverse where holders can vibe and play games. Reveal will be sometime this week, so we will see if this can keep its momentum until then.

8/ HELIX ALPHA LAUNCH

@HELIX_Metaverse has been making some big moves recently and they just gave all holders access to test their Alpha version of the game. It was very successful and a lot of people are loving the realistic graphics and immersive world Helix has created.

9/ The @HELIX_Metaverse Founder Pass floor has been making a run to its current floor of 0.83 ETH as holding it teases land airdrop and mint access. Keep an eye on this, it looks huge.

10/ OVERALL THOUGHTS

With a bunch of great free mints and the alpha test of Helix, today was a great day for NFTs. A lot of people were able to secure easy profit, something that has been lacking as of recent.

11/ Despite the good day today, remember to not get overly bullish and overinvest - we are still firmly in a bear market so things will likely come back down eventually. 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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