NiftyNoon: Can Legends of the Mara Save Yuga Labs?

As floor prices for Yuga Labs NFTs continue to crash, all eyes are on the Legends of the Mara activation for hope in the market (July 7, 2023)

Nifty Thought

• It has been a brutal week for the NFT market. Although prices across the board have collapsed, Yuga Labs NFTs have the led this decline as the market leader. With that being said, the team has had their heads down focused on delivery despite these market setbacks. While the release of their Otherside experience Legends of the Mara may not ignite a floor price pump that changes the NFT market’s current negative momentum, it will continue to demonstrate to the market that Yuga Labs is here building and is not going anywhere.

• Ultimately, this is all Yuga Labs can realistically do. There are so many macroecnomic and market headwinds impacting the NFT market. These are factors completely out of the firm’s control. So long as Yuga Labs continues to hold its position as the market leader in the NFT space, the firm will be well positioned for a potential future bull market.

Highlighted News

• Bridge worlds. Close ranks. Slay Shattered. Tame Otherside:

  

  https://twitter.com/othersidemeta/status/1677074995216801795?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• The Knight is here to reveal the rarest elemental beans, including the cracking of four Tier 4 Beans - all at once:

  

  https://twitter.com/lastknighteth/status/1677000441471832069?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

Project and Community News

• Alts by Adidas share highly anticipated special traits delivery:

  https://twitter.com/altsbyadidas/status/1676984781257441281?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• OpenSea Pro introduces Grail Grabs ProBot:

  https://twitter.com/openseapro/status/1674809113191014403?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Polygon Labs & @Station3NYC are collaborating to build a community of builders in NYC:

  https://twitter.com/0xpolygondevs/status/1677017821157416984?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• The vote on updating the Elementals background metadata will start at approximately 3pm PT on Friday, July 7th:

  https://twitter.com/azuki/status/1677075844559421441?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Memeland shares inaugural Trait Development Kit (TDK) of all 6 types of Captainz:

  https://twitter.com/memeland/status/1676982145758429184?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• The Pudgy Penguins "Banana Suit" collectible releases this Saturday, July 8, at 9pm EST, on @NTWRKLIVE and @sasom_official:

  https://twitter.com/pudgypenguins/status/1675996366915379205?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• NFTfi Earn Season 1 - APR Incentive Update:

  https://twitter.com/nftfi/status/1676578575942578183?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• RTFKT teases Project Animus:

  https://twitter.com/rtfkt/status/1675883780697890816?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Lacoste UNDW3 Card represents a new chapter in the project:

  https://twitter.com/undw3_lacoste/status/1674108654587375616?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Jack Butcher shares set 008, Infinite:

  https://twitter.com/jackbutcher/status/1675573110676807680?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Machi shares AIP is up, inviting a discussion to save the entire NFT ecosystem:

  https://twitter.com/machibigbrother/status/1677006288289693696?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• SquiggleDAO shares weekly Squiggle Market Update:

  https://twitter.com/squiggledao/status/1677029731579961345?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Cristiano Ronaldo shares "Forever CR7: The GOAT", his new NFT collection, on Binance:

  https://twitter.com/cristiano/status/1676561698730262528?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• @SaladVentures Twitter account has been SUSPENDED:

  https://twitter.com/felixsim/status/1677098282118684677?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Yesterday the single biggest lender withdrew his $15,200,000 from the Blur pool. Below is the explanation he gave for why:

  https://twitter.com/punk9059/status/1676911882718920704?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Wallet just bought 5 fidenzas from @Sothebysverse OTC by the looks of it:

  https://twitter.com/mmittens_/status/1676777783085899776?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• @pimpcapital is the first buyer to get an Azuki Golden Skateboard Shrine on the secondary market by paying 135 ETH to Shrimpwen:

  https://twitter.com/nftgoio/status/1676994951689940993?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

Quick Stats:

• OpenSea ETH Daily Volume: 1,830 ETH (▲ 12.27%)

• Blur ETH Daily Volume: 8,612 ETH (▲ 7.62%)

• BTC: $30,137.05 (▼ 4.0%)

• ETH: $1,861.13 (▼ 4.62%)

• Solana: $19.64 (▼ 2.39%)

• Polygon: $0.67 (▼ 4.23%)

NFT Daily Winners:

• 🦉 Moonbirds: 1.74 ETH (▲ 10.90'%)

• 🏳️‍🌈 Chromie Squiggles: 10.50 ETH (▲ 7.69%)

• 🧝🏼‍♀️ DigiDaigaku: 2.96 ETH (▲ 5.89%)

• 🦧 Bored Ape Yacht Club: 30.79 ETH (▲ 4.02%)

• 🥃 Proof Collective: 5.93 ETH (▲ 0.84%)

• 🏴‍☠️ Captainz: 6.05 ETH (▲ 0.83%)

• 🌈 Doodles: 1.69 ETH (▲ 0.60%)

• 🐈‍⬛ VeeFriends: 1.76 ETH (▲ 0.10%)

• 🚬 CryptoPunks: 44.88 ETH (► 0.00%)

• 🥔 Potatoz: 1.51 ETH (► 0.00%)

NFT Daily Losers:

• 🧟 Mutant Ape Yacht Club: 6.08 ETH (▼ 1.92%)

• 🐧 Pudgy Penguins: 3.87 ETH (▼ 2.88%)

• ⛩️ Azuki: 6.51 ETH (▼ 5.17%)

• 🧬 Clone X: 1.74 ETH (▼ 7.78%)

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