Galactic Buzz #15
Step into the captivating realm of NFTs, where the synergy of innovation and imagination knows no bounds!
Step into the captivating realm of NFTs, where the synergy of innovation and imagination knows no bounds! Over the past few days, the NFT industry has been a whirlwind of exhilaration and unpredictability, as regulatory developments and market fluctuations have sent ripples through the landscape.
Following weeks of consecutive growth, NFT markets have encountered a sudden downturn, with a notable decline of approximately 20% compared to the previous week.
Here's an exclusive roundup of the latest happenings:
- Memeland Defies Bearish Market, Surges with MEME Token Launch and Captainz Collection's 365% Trading Volume Surge!
- Snoop Dogg Sets NFTs on an Extraordinary Tour with the Mesmerizing Passport Series!
- Metaverse Hits Unprecedented Consumer Adoption, Projections Point to 1.4 Billion Users in Seven Years!
- 'The Goose' Artwork Makes History, Soars to Astounding $6.2 Million at Sotheby's Auction!
- Ethereum's Ethscriptions Take Center Stage as Revolutionary Response to Bitcoin's Ordinal Inscriptions!
Now, let us plunge into the electrifying world of NFT gaming, where virtual assets break free from conventional platforms, paving the way for novel economic opportunities through captivating play-to-earn models.
Secure your seat belts as this thrilling adventure begins! 🚀
Top NFT Sales Analytics 📊
- The Global NFT marketplaces’ sales volume for the 7-day period is over $146.04M amid all the chaos raised up by SEC, and that’s pretty impressive.
- Top 5 NFT Sales with their values for the previous 7 days:
Weekly NFT Market Update 🗓️
- Nike is generating excitement with a thrilling collaboration called "Airphoria" in conjunction with the popular video game Fortnite. The partnership involves their digital shoe brand, DotSwoosh, and the launch is scheduled for June 20th.
- To commemorate the one-year anniversary of their highly valued MVP mint, Memeland has announced an intriguing event called teleburning. They will burn 111 MVPs from their treasury to Ordinals, and details regarding the mint date and price will be disclosed soon.
- Following its purchase by the Bitcoin Bandits community for 54.50 ETH, Cryptopunk #8611 underwent a unique transformation. It was burned and inscribed onto Bitcoin, a significant action that involved an exchange for an Ordinal Maxi Biz allowlist.
- A remarkable piece of generative art known as Ringers #879, affectionately named "The Goose" and created by Dmitri Cherniak, achieved an astonishing price of $6.2 million (including auction fees) in Sotheby's Grails Part II auction. This sale now ranks as the second-highest generative art sale to date.
- Proof is introducing "Foundry," a physical space in Los Angeles that will serve as a vibrant hub for community connection and artist showcases. This immersive experience will feature new art releases, along with an engaging artist residency program spanning six months.
- Ordinal Maxi Biz, a prominent collection within the Bitcoin Ordinals ecosystem, has unveiled an exciting opportunity. They are implementing a burn mechanism that allows Cryptopunk holders to exchange their Punks for an Ordinal Maxi Biz allowlist.
- Nike's DotSwoosh Our Force 1 collection made its highly anticipated debut. Holders will have the option to open or keep the box sealed, adding an element of mystery and excitement. Additionally, 1,982 unsold boxes will be securely stored in a Nike wallet, while the remaining 7,000 will be reserved for future general sales.
- Despite the Federal Reserve's decision to temporarily halt interest rate hikes, Bitcoin experienced a significant drop below $25,000 yesterday, marking the first time since March 14th. Federal Reserve Chair Jerome Powell indicated that it may take a couple of years before interest rates are reduced.
- Accomplished artist Fewocious has joined forces with Adidas Originals to create an exclusive offering. On June 22nd, a limited supply of 4,500 Trefoil Flower Mint Passes will be available. These passes grant owners exclusive rights to redeem a physical Adidas Originals Campus 00's sneaker, accompanied by a corresponding digital twin for use in upcoming avatar projects.
- Renowned Bitcoin critic and gold advocate Peter Schiff is making waves with his latest project, "Golden Triumph." This unique art endeavor features an original painting and 50 prints, each associated with a distinct Ordinal inscribed on Bitcoin blockchain. The project is currently being auctioned.
- Exciting news from Gucci- The snapshot for their KodaPendant necklace will be revealed on June 21st. Eligible NFT holders now have the opportunity to claim the physical limited-edition piece from the Otherside Relics collection. The redemption period will take place between June 21st and July 6th.
Non-Fungible Brands’ Rankings 🏆
- Top 10 Blockchains by NFT sales volume for the last 7 days:
- NFT Collection ranking by sales for 7-day period:
- Top 10 NFT Marketplaces with their performance in last 7-days:
Winding Up!
Immerse yourself in the vibrant rhythm of the NFT world as we unveil the secrets of market trends, price fluctuations, and remarkable sales, all in real-time. Whether you're a seasoned connoisseur or a curious explorer, our mission is to ignite your passion and equip you with invaluable insights in this dynamic realm that never sleeps.
As we conclude another captivating edition of our newsletter, rest assured that the curtain has yet to fall on the thrilling updates and breaking news from the realm of digital collectibles. So, keep your eyes wide open and your curiosity aflame as we pave the way for an exhilarating journey ahead.
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Happy collecting, and brace yourself for the enchanting wonders that await us on the horizon!