NiftyNoon: Has the NFT Bull Market Returned?

"Blue Chip" NFT projects see floor price pumps across the board (January 5, 2023)

Nifty Thought

• The market is seeing strong volume and floor price increases across the board. Some of this may be due to an increase in BAYC leverage as well as liquidity gained from 2022 tax loss harvesting. Although the market may feel euphoric, it might be wise to lock in profits on this current pump. As there is no meaningful increase in new wallets entering the space, the elevated prices and volumes we are seeing may not hold in the long run.

Project News

• Established NFT projects see spikes in volume and floor price across the board:

  NOYFB.eth / The Mahjong Master⛩ ⬛️🀄️🐇 @_NOYFB_

  Azuki approaching 17ETH, I remember the last time this type of pump happened, buckle up!

  Seline.eth🎀🦉 @Real_Funaya

  with only 0.6% listed on opensea, it’s safe to say that @moonbirds are ready to take their long awaited flight hoot hoot mfs🦉

  

• Memeland completes Captainz mint with plans to airdrop NFTs on Friday:

  Memeland @Memeland

  We have received over 9,999 deposits for Captainz in 669 seconds. 🙌 We therefore have stopped the Waitlist mint. No worries, whether you joined our mint or not, you will still receive a Treasure Mapz in your wallet in a few days. ✅ MEMELIST & POTATOZ CAN CONTINUE TO MINT!

  

  Memeland @Memeland

  🏴‍☠️ THE CAPTAINZ IS MINTING NOW! 🏴‍☠️ 👉 https://t.co/oup6rGPCFC --- Duration: 48 hours Mint Price: 1.069Ξ Eligibility: Memelist, Potatoz, and Waitlist holders FAQ: https://t.co/CwiHOdvCCh --- AHOY! 🏴‍☠️ https://t.co/Ynz7ZpMMkE

• MagicEden compromised with widespread fake collections released on the platform:

  HGE.SOL 🔤🧙‍♂️ @HGESOL

  Do not buy these @y00tsNFT on @MagicEden, they are fake! Basically, every single collection is fake on Magiceden, a massive exploit is happening ongoing. High-value NFTs are suffering the most, as attackers choose to exploit higher-value NFTs first.

  

• Doodles founder Poopie acquires Sappy Seals and Pudgy Penguins and teases possible dooplication and Doodles 2 integration with both projects:

  poopie @poopie

  we do a little pet shopping

  

  

  

  

Community News

• Azuki sees another 200 ETH sale for Azuki Spirit:

  AZUKI Sales Bot @azuki_sales

  AZUKI #5070 sold for 200.0 ETH (242,000$) on Blur 🔗looksrare.org/collections/0x… 0xbf7090597b6e39688ceed85a6d6f4ffbc3f16e334f5022330454a9f4e650bbb4

  

• DNP3 reveals he gambled with funds for CLU, Xenia, Gridcraft, and Goobers:

  DNP3 @DNPthree

  I’m sorry. Read:

  

  twitlonger.comTwitLonger — When you talk too much for TwitterTwitLonger is the easy way to post more than 140 characters to Twitter

Quick Stats:

• OpenSea ETH Daily Volume: 8,006 ETH (► 0.00%)

• Blur ETH Daily Volume: 12,083 ETH (▲ 17.29%)

• BTC: $16,852.08 (▲ 0.05%)

• ETH: $1,249.93 (▼ 0.30%)

• Solana: $13.27 (▼ 0.25%)

• Polygon: $0.79 (▼ 1.53%)

NFT Daily Winners:

• Moonbirds: 9.70 ETH (▲ 30.22%)

• Azuki: 15.15 ETH (▲ 26.62%)

• Doodles: 7.50 ETH (▲ 11.91%)

• Clone X: 5.96 ETH (▲ 4.00%)

• Mutant Ape Yacht Club: 16.59 ETH (▲ 1.78%)

• Bored Ape Yacht Club: 75.31 ETH (▲ 0.75%)

• Pudgy Penguins: 7.00 ETH (▲ 0.88%)

• CryptoPunks: 66.29 ETH (▲ 0.47%)

• VeeFriends: 4.50 ETH (► 0.00%)

• Proof Collective: 37.50 ETH (► 0.00%)

NFT Daily Losers:

• Chromie Squiggles: 16.69 ETH (▼ 0.36%)

Notes:

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