gmDAO Token, Projects Surging in Art Boom

Ghost

In this post

gmDAO token

Plasticity by gm.studio

Plasticity by p4stoboy

Factura by Mathias Isaksen

Koripo by Rich Poole

Catharsis by Dario Lanza

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

Author Bio

Ghost

Ghost is an NFT Analyst at Lucky Trader. He has been in crypto since 2017, and entered the NFT space via NBA Top Shot in January of 2021 before minting Bored Apes and degenning into the broader market.

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.