NiftyNoon: Is Memeland the Winner of this NFT Bear Market?
While most projects slowly grind to zero, Memeland NFTs have consistently moved up in price across the board (April 20, 2023)
Nifty Thought
Memeland assets have experienced dramatic rises in floor prices throughout the NFT bear market with Potatoz, Captainz, and MVP all performing extremely well while most other collections slowly drift to zero. This aberration is likely the result of 9GagCEO’s methodical approach to building in the bear market. He has been very meticulous in learning from projects such as Bored Ape Yacht Club and Moonbirds as a holder. He then took these lessons and applied them to Memeland to create a project that is designed to appeal to holders.
For example, 9GagCEO may have noticed as a Moonbird holder that nesting was not a very engaging experience. After someone soft-stakes their Moonbird, they have very little reason to return to the Moonbirds website beyond checking in for key nesting milestones. When implementing planting and questing for Potatoz and Captainz respectively, 9GagCEO added in events such as Raffles and Mapz accumulation on more frequent intervals that keeps holders engaged and excited. 9GagCEO’s methodical approach to engaging a community may be compelling but it is ultimately his product that will keep the project durable in the long run. With a background in running a very notable web2 website, all eyes are on him as he begins to actually ship and deliver a useful product.
Project News
Otherside presents anticipated vessel nesting details:
https://twitter.com/OthersideMeta/status/1648401176864624642
Memeland shares they are building the memecoin:
OpenSea Pro presents details on Gemesis NFT metadata reveal:
https://twitter.com/openseapro/status/1648406626469138432?s=20
Ledger x Apecoin Quest goes live, until May 3rd:
Invisible Friends announce they are taking their community to the next level through IRL meetups, partnering with Little Atlas:
https://twitter.com/InvsbleFriends/status/1648371779830792205
Jack Butcher presents details on opepen evolution:
Nakamigos spread community excitement sharing that Nakamigos are half the story, with next part coming for holders later this year:
VeeCon presents VeeCon 2023 Schedule, including headline performances from @BustaRhymes, @andrewschulz, and more:
Community News
The second top holder of $PEPE is holding $1.9M worth of tokens at current price, having spent only 0.125 ETH ($250) to acquire it less than 5 days ago:
https://twitter.com/loopifyyy/status/1648606063468445697?s=46&t=gTiCw2J8qM-_G8Mnrl1_lw
Quick Stats:
OpenSea Daily Volume: 2,935 ETH (▼ 18.13%)
Blur Daily Volume: 10,378 ETH (▼ 18.65%)
BTC: $28,853.83 (▼ 1.27%)
ETH: $1,969.62 (▼ 0.32%)
Solana: $22.71 (▼ 1.65%)
Polygon: $1.09 (▼ 2.32%)
NFT Daily Winners:
🌈 Doodles: 2.41 ETH (▲ 2.41%)
🧝🏼♀️ DigiDaigaku: 3.93 ETH (▲ 2.08%)
🏴☠️ The Captainz: 6.60 ETH (▲ 1.71%)
NFT Daily Losers:
⛩️ Azuki: 15.44 ETH (▼ 0.40%)
🥃 Proof Collective: 9.10 ETH (▼ 0.75%)
🐈⬛ VeeFriends: 2.94 ETH (▼ 1.67%)
🥔 The Potatoz: 2.82 ETH (▼ 1.74%)
🚬 CryptoPunks: 49.98 ETH (▼ 2.0%)
🐧 Pudgy Penguins: 3.63 ETH (▼ 2.03%)
🏳️🌈 Chromie Squiggles: 8.49 ETH (▼ 4.49%)
🧟 Mutant Ape Yacht Club: 11.15 ETH (▼ 4.69%)
🦧 Bored Ape Yacht Club: 49.05 ETH (▼ 4.94%)
🧬 Clone X: 2.70 ETH (▼ 4.87%)
🦉 Moonbirds: 2.65 ETH (▼ 7.34%)
Notes:
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