Latest WZRDS News
Another NFT is on its way to WZRDS Skull holders, expanding the ecosystem and lore of the project.
One Elixir is being dropped to each Skull holder, according to a tweet from the project. Not much was released about the Elixir's utility except the following description in the tweet.
"Elixirs contain powerful magic that were bottled by the most evil beings. If its consumption is successful, the target will be irrevocably changed and imbued with dark energies."
The WZRDS floor is at 0.13 ETH, up 13 percent in the past 24 hours. The Skull of the Unwilling WZRD floor is 0.279 ETH.
WZRDS announced that Chapter 2: The Altar of Sacrifice is now live on the website. For 6,669 Shrooms, Half Skull holders can merge 2 NFTs to create 1 Skull of the Unwilling NFT. There will be a maximum of 1,250 Full Skulls that can be minted at the Altar.
The WZRDS made headlines earlier this week when the team introduced a new burning mechanism for members of the community to burn listed NFTs from other members of the community. The burning process was one way in which holders were able to acquire the Half Skull NFTs.
Yesterday saw Fidenzas selling for 450 ETH, CryptoPunks receiving offers for more than 2,000 ETH, and Bored Ape Yacht Club making its way back a 100 ETH floor. Is Tuesday's NFT market filled with as many notable actions? Let us dive into it.
For more information on the real-time NFT market, refer to our project rankings page.
*All data is taken from the Lucky Trader Project Rankings page and is based on the last 24 hours of volume unless stated otherwise.
Bill Murray, who has been in notable films Caddyshack and Osmosis Jones, recently purchased a Cool Cats NFT ahead of his own Coinbase NFT drop. Since that time, Cool Cats has done 72 ETH in volume on 16 unique sales. On top of this, the team did some updates and added a handful of new features to its game Cooltopia. While those might not seem like notable figures, it represents an increase of 89 percent in sales volume and a 60 percent increase in sales from the day prior. The floor price of the project is up four percent in the same time span and currently sits at 3.97 ETH.
At the time of writing, WZRDS sports a floor price of 3.20 ETH, an increase of more than 2000 percent from the day prior. But it's not quite that simple.
The project has seen a notable increase in volume and floor price thanks to a unique burning mechanic introduced by the team. Holders of a WZRDS NFT who stake their WZRD can use the rewards to burn other NFTs. This has resulted in less than one percent of the total collection being listed for sale on OpenSea.
For reference, Bored Ape Yacht Club and Doodles have six and five percent listed, respectively.
Goblins are currently second in total volume traded today with 770 ETH in sales. While there was no announcement or news to pinpoint ahead of this spike, the collection has been on fire for the last 24 hours.
The 770 ETH in volume is an increase of 256 percent from Monday and its current floor price of 3.70 ETH is an increase of 21 percent in the same time span.
Its expansion collection mcgoblin.wtf has also bolstered its numbers today with 227 ETH in sales volume and a 0.98 ETH floor price, an increase of 632 percent and seven percent respectively.
Low Market Volume
Despite big sales in multiple collections over the last week and floor prices increasing, volume is still down across the board. Today is far from over but the no collection has traded more than 1,000 ETH for the second consecutive day and according to Dune, the market is on track for its lowest sales day in terms of USD since July 2, which was the lowest day of sales in the last 3 months.
For a quick rundown of the WZRDS' burning method and how to handle trading the popular NFT, head to the Lucky Trader YouTube channel.
The WZRDS team tweeted Monday explaining a new burning mechanism put into place where listed NFTs are subject to “death” where other wizards can burn your NFT.
The new mechanism sent the floor price from 0.15 ETH to 3.2 ETH overnight Monday, but most sales are still around just 0.3 ETH.
The WZRDS council will not burn anyone's WZRDS, it's all from the community, the project said. The 10,000-edition collection, which minted out June 29 for free and has no Discord, communicates through Twitter.
Interested WZRDs can see the Peddler to burn the COWZRDS (listed WZRDS). Burning a WZRD costs SHROOMS, which are earned from staking. For 20,000 SHROOMS, you can burn a WZRD. A tweet from the project said the Peddler “will only be here for a limited amount of time.” Those that had their NFT burned (and the user who paid for the burning) each receive a Half-Skull WZRDS NFT.
The new mechanism was met with some skepticism, especially after 1,000 listed WZRDS were burned.
In my opinion, wzrds is setting a dangerous precedent that you don't own your NFT and a contract owner/creator can do whatever they want to your NFT whenever they feel like it.— NFT Superman (@NFTSupaman) July 12, 2022
WZRDS, a recent free mint project, unveiled a burning feature earlier this evening according to a tweet.
While exact details are currently unknown, the team shed some light on the matter as apparently you do not burn your NFT but other WZRDS holders decide to burn it for you.
Listed WZRDS are subject to be chosen to be burned and according to the team "to be safe, you'll need to delist."
The WZRDS collection currently sits at a 0.22 ETH floor according to the Lucky Trader Project Rankings.
The WZRDS floor price is down more than 20 percent over the last 24 hours to 0.19 ETH, but profitable traders are taking that as a sign to buy.
A total of 273 unique "sharp" traders bought into the WZRDS NFT project over the last 24 hours, while only 194 unique "sharp" traders sold the project over the same time span, according to Lucky Trader's new Sharp Report. That is an increase of 79 total "sharp" traders in the last 24 hours, more than any other project.
A "sharp" trader is defined as any wallet that has realized 50 ETH in profit with at least 50 total transactions while trading NFTs.
The next highest increase in total net "sharp" trader gains is My Pet Hooligan at 44 followed by The Possessed and Lil Pudgys at 29 and 21 respectively.
More than 8.5 percent of total unique holders are "sharp" in the current WZRDS ecosystem.
WZRDS' free mint sold out on Jun. 29. Since then, the NFT project has seen more than 3,000 ETH in total volume traded.
Here are today's top NFT news highlights and market movers:
Today's Top NFT News
- Moonrunners Announces Upcoming Snapshot
- OpeSea Volume Hits Lowest Mark in Almost a Year
- Projects Warn of Scam Verified Twitter Accounts
Total Volume (6 Hours)*
- Ethereum Name Service (222 ETH)
- Moonrunners (169 ETH)
- WZRDS (154 ETH)
- God Hates NFTees (152 ETH)
- Otherdeed for Otherside (133 ETH)
Floor Price Increase (6 Hours, 0.25 ETH Min.)*
- Anime Metaverse (+50%)
- Moonrunners (+48%)
- Edenhorde (+28%)
- Los Muertos (+16%)
- Impostors Genesis Aliens (+14%)
Floor Price Decrease (6 Hours, 0.25 ETH Min.)*
- Genesis Box (-9%)
- Meta Bounty Hunters (-7%)
- LinksDAO (-6%)
- Quirkies (-5%)
- MetaHero Identities (-4%)
For all volume and floor price data, see Lucky Trader's Project Rankings page.
For all NFT news, see Lucky Trader's NFT News page.
*data retrieved at 9:56 p.m. ET.
Two popular free mint NFT projects, WZRDs and Moonrunners, are down today following ETH's 8 percent price crash.
WZRDs floor price peaked at 0.35 ETH earlier today before dropping more than 25 percent to 0.245 ETH. It is leading today's total volume war with 1,951 ETH traded in the last 24 hours.
Moonrunners, which peaked slightly below 0.8 ETH earlier this week, are down under 0.2 ETH for the first time since last Saturday. The floor price is currently 0.199 ETH.
Moonrunners has been revealing its lore over the last week, adding maps and tribes. Each tribe (Hunter, Predator, Pack, Stealth, Roaming, and Brave) has a unique background story. For more information see Lucky Trader's Moonrunners post here.
WZRDs, which has some connection to Numo who is one of Blitmap's founding artists, is also revealing its lore. It seems that "strange and powerful artifact" NFTs will be released in the near future.
WZRDS, a recent free mint collection that features 10,000 wizard avatars, continues to dominate the market upon its release.
The project is currently the leader in sales volume over the last hour with 237 ETH traded with Moonbirds coming in second with 40 ETH in sales volume according to the Lucky Trader Project Rankings.
The collection currently leads the market in sales volume over the past 24 hours despite the public sale ending not even 5 hours ago.
WZRD now sits at a floor price of 0.388 ETH.
WZRDS, the latest project in the recent free mint category, has led all of the NFT market in volume today.
The project that features 10,000 wizard avatars has done more than 1,000 ETH in volume today and is the only project to do so besides Otherside according to the Lucky Trader Project Rankings.
While the project was a free mint, it has already been verified on OpenSea despite its public sale coming to a conclusion just two hours ago.