gmDAO Token, Projects Surging in Art Boom
Generative art platform gm.studio has seen significant volume on its ecosystem and gmDAO token this week, alongside a broader rally in the NFT art market.
"Mind the Gap" by MountVitruvius, the first collection to be featured on the platform, was one of the top NFT projects by volume on Monday — and has risen 139 percent to a 1.65 ETH floor over the last seven days.
Other notable gains from the other four projects over the last week include:
- "Factura" by Mathias Isaksen jumped 75 percent to a 1.4 ETH floor
- "Catharsis" by Dario Lanza saw floor prices soar 212 percent a 0.5 ETH floor
- "Plasticity" by P4stoboy increased 148 percent, currently holding a 0.8 ETH floor.
- "Koripo" by Rich Poole rose 122 percent to a 0.4 ETH floor.
gmDAO, the governance token of the platform, experienced similar increases — with over 115 ETH of volume traded and its floor price surging to 4.39 ETH. Notable collector @seedphrase also made waves on Sunday night with a 15-token sweep.
and @seedphrase continued his shopping spree last night, sweeping 15 GM DAO tokens. Floor price jumped by 50%. hat tip @wardaddycapital pic.twitter.com/rMmN0edBQZ— NFTstatistics.eth (@punk9059) November 7, 2022