NiftyNoon: Memeland Mania
The market heats up on the mint day for Memeland Captainz (January 4, 2023)
Nifty Thought
The Memeland Captainz mint will likely be the largest mint for the foreseeable future. Many people are praising 9Gag CEO and sentiment surrounding the project is overwhelmingly positive. With many NFT collections across the board seeing elevated floor prices, the performance of Memeland Captainz may solidify the return of a miniature NFT bull market. All eyes are on Memeland’s secondary market volume and price action.
The spectacular success (130 ETH market cap upon mint out) of Penguitt’s Class of 2022 open edition reveals some interesting facts about the current NFT market and open editions as a whole. Editions, which are often viewed as fractionalized 1/1s, seem to be consistently commanding valuation premiums in this market as a result of higher liquidity and social utility. Collectively owning art with others seems to create a social experience that actually contributes tangible value to editions that would not otherwise exist if they were simply 1/1s.
Project News
Memeland confirms final mint details ahead of highly anticipated mint:
Art Blocks attempts to fight bots by offering artists new allowlist minting options:
NFT inspect announces they are shutting down their service:
Sappy Seals reveals upcoming plans with a focus on meme creation:
Community News
Axu shares his NFT profile picture tier list for 2022:
PROOF designer Penguitt releases wildly successful open edition that mints 7274 copies:
The Azuki collection sees 2 NFT sales above 200 ETH for their elusive spirit trait:
AZUKI #3153 sold for 249.0 ETH (311,250$) on Blur 🔗looksrare.org/collections/0x… 0xb7f17629171710cef18ab7f927025ec57ebeee2fce55f6cc08726864163c1b5bAZUKI #5070 sold for 200.0 ETH (242,000$) on Blur 🔗looksrare.org/collections/0x… 0xbf7090597b6e39688ceed85a6d6f4ffbc3f16e334f5022330454a9f4e650bbb4
Quick Stats:
OpenSea ETH Daily Volume: 10,086 ETH (▲ 20.34%)
Blur ETH Daily Volume: 8,051 ETH (▼ 19.09%)
BTC: $16,835.35 (▲ 1.15%)
ETH: $1,251.75 (▲ 3.53%)
Solana: $13.26 (▲ 3.33%)
Polygon: $0.80 (▲ 3.03%)
NFT Stats:
Proof Collective: 37.50 ETH (▲ 56.25%)
Moonbirds: 7.85 ETH (▲ 9.18%)
Azuki: 11.96 ETH (▲ 5.88%)
DigiDaigaku 9.20 ETH (▲ 5.14%)
Clone X: 5.72 ETH (▲ 4.50%)
Pudgy Penguins: 7.14 ETH (▲ 3.63%)
Doodles: 6.70 ETH (▲ 2.70%)
Mutant Ape Yacht Club: 16.30 ETH (▲ 1.88%)
Bored Ape Yacht Club: 74.75 ETH (▲ 1.38%)
CryptoPunks: 65.98 ETH (▲ 0.83%)
Chromie Squiggles: 17.10 ETH (► 0.00%)
VeeFriends: 4.50 ETH (► 0.00%)
Notes:
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