Apr. 22 NFT Recap | Moonbirds Releases Nesting, MNLTH Shoes Reveal

Welcome to LT;DR, the Lucky Trader Daily Recap. This recap showcases the top NFT news each day.

The top news for Apr. 22 includes Moonbird nesting going live, the long awaited MNLTH reveal, the Akutar Dutch auction, and top NFT movers. 

Moonbirds Releases Nesting

The Moonbirds team released its staking mechanism, which they're calling 'nesting' (v0.5) earlier this afternoon.

Holders can lock their moonbird in nests, which will upgrade based on the duration of nesting. The first upgrade color is "bronze," which will apply after 30 days of staking. 

After dropping just under 30 ETH, the enablement of nesting has pushed the Moonbirds floor back up to just under 35 ETH. 

The MNLTH NFT from RTFKT Studios had quite a newsworthy day, as the community completed the final quests and unlocked the contents of the box. 

Each NFT contains a pair of CryptoKicks, and a Skin Vial, and a MNLTH Box 2. Holders of the MNLTH NFT can on their own accord mint and acquire the additional items at https://mnlth.rtfkt.com/.

For a complete breakdown of a busy day in the MNLTH ecosystem, read our full recap here.

Akutar Dutch Auction 

Akutar completed its Dutch auction today, starting at 3.5 ETH and dropping to 2.1 ETH before selling out ~5,500 avatars.

The collection of 15,000 NFTs was originally planned to be an instant reveal but one of the team's rendering machines went down last night.

The reveal is now scheduled for a few-hours post reveal. The OpenSea link will become available when the avatars go live. 

Top NFT Movers

• Moonbirds release Nesting this afternoon, and continue to lead the NFT ecosystem in volume. Down 40% but still completing 7,161 ETH and holding a nearly 35 ETH in what continues to be a top story in NFTs this month.

• Bored Ape Kennel Club jumps onto the top projects as rumors swirl and "The Otherside" drop draws immienet in the last week of Apr. Floor up 10% almost to a 10 ETH floor, jumping almost 500% up to 2,791 ETH in 24 hour volume. 

• Murakami Flowers return to the leaderboard as the reveal draws near. Down a bit in volume but still 2,300 ETH traded and floor up to 6.6 ETH again.

• Check out Lucky Trader's full NFT project rankings here. 

• Disclaimer: Lucky Trader is not a registered investment advisor. You understand that the service is furnished for your personal noncommercial, information, purpose only. No mention of an NFT in the service constitutes as a recommendation to buy, sell, or hold that or any other NFT. Nothing within the service shall, or is intended to, constitute financial, legal, accounting, or tax advice. Any decision that you make to buy, sell, or hold an NFT should be based on an assessment of your risks in consultation with your personal advisers.