NFT Morning Minute | To Doxx or Not To Doxx
Take a minute to catch up on the latest in the web3 space. Here are today's NFT market analysis, top movers, and upcoming mints:
Tyler Warner's NFT Market Summary
Frank DeGods made headlines again Tuesday by doxxing in an afternoon interview with Marc Colcer and then sharing his name and Instagram handle later in the evening. Frank's real name is Rohun Vora, and the market liked the doxx, as the y00ts floor rallied almost 40 percent to 153.5 SOL overnight. The t00bs rallied to 237 SOL, and DeGods reached 378 SOL, in a major move for all 3 collections. Frank's doxx has seemingly inspired other notable personalities to doxx, including Admit One and 9dcc founder Gmoney doxxing yesterday.
In ETH market news, Yuga assets once again led volume with floors mostly chopping on the day. There were some winners on the day, led by Art Blocks project Fontana up to 6.75 ETH (+23%) on a big day of sales. Killabears continue their remarkable grind up, reaching 2.69 ETH (+15%) and rektguy reached 0.5 ETH (+10%). And DigiDaigaku Genesis jumped to 9.5 ETH (+10%) ahead of a big Super Bowl announcement coming this week and Dark Spirits reveal on Friday.
A notable loser included Friendship Bracelets, which rallied over 100 percent over the past few days to a 0.33 ETH floor, before retracing overnight to 0.26 ETH in what many are calling an expected and healthy pullback. Some rare palettes have seen their floor price move past 1 and even 2 ETH, led by There Will Be Blood now at 2.6 ETH.
It was a busy day of news in Web3, with Porsche opening up its discord and announcing some of its NFT details, Tim Ferriss announcing his Cockpunch project is coming next week, and CloneX running Eggsperience 1 ahead of today's Eggsperience 2 and Eggdrop claim. OpenSea shared that they will be adding BNB Chain NFTs, while Phantom Wallet announced support for both Ethereum and Polygon. And Nike .SWOOSH announced the launch of its first collection called "Our Force 1" along with a community curation challenge.
NFT Total Volume*
- Bored Ape Yacht Club (851 ETH, 70.4 ETH Floor Price)
- Otherdeeds (670 ETH, 1.31 ETH Floor Price)
- Mutant Ape Yacht Club (634 ETH, 13.68 ETH Floor Price)
- CryptoPunks (589 ETH, 65.66 ETH Floor Price)
- Clone X (480 ETH, 8.85 ETH Floor Price)
NFT Floor Price Increase*
- Fontana (23%, 6.75 ETH Floor Price)
- The Stoics (17%, 0.28 ETH Floor Price)
- Killabears (15%, 2.69 ETH Floor Price)
- DigiDaigaku Genesis (14%, 9.47 ETH Floor Price)
- rektguy (11%, 0.5 ETH Floor Price)
NFT Floor Price Decrease*
- CryptoBirbs (-39%, 0.12 ETH Floor Price)
- Imposter Syndrome (-32%, 1.5 ETH Floor Price)
- Friendship Bracelets (-19%, 0.26 ETH Floor Price)
- State of the Art by Thankyoux (-16%, 0.33 ETH Floor Price)
- RarePass Genesis (-5%, 32.33 ETH Floor Price)
Upcoming NFT Mints and Reveals
- Pre-Process by Casey REAS (1:00 p.m. ET)
- Next Wave: The Miami Edit (TBD)
Today could be a historic day in the Art Blocks ecosystem, as Casey REAS returns for his second Curated project with just 120 supply. This will be the lowest supply of any Curated project (Elevated Deconstructions is next with 200), and this has led to some speculation that Pre-Process could be the highest mint price of any Curated to date. The Dutch auction is starting at 25 ETH, and given the recent boom in set collection and alpha group/botter participation in Art Blocks, this definitely has the potential to go high. The risk as always is in who mints this set out - collectors or flippers. Lately, the trend is flippers, and thus this is going to be one of the highest-risk mints in recent memory. Stay safe out there.
For all volume and floor price data, see Lucky Trader's Project Rankings page.
For all upcoming mints, see Lucky Trader's Project Schedule page.
*data retrieved at 8:00 a.m. ET. Volume and percentages are based on the last 24 hours. Notable projects are included, typically with a 0.25 ETH minimum on the projects listed in this roundup.