Galactic Buzz #16

Hold on tight, because the NFT market is on a relentless rise! NFT sales have surged compared to the previous week, reaching an impressive total of $184+ million.

Galactic Buzz #16

GM Readers!

The past few days have been a whirlwind of excitement and unpredictability in the NFT industry, with regulatory developments and market fluctuations creating a captivating landscape of possibilities.

Hold on tight, because the NFT market is on a relentless rise! NFT sales have surged compared to the previous week, reaching an impressive total of $184+ million.

Get ready to witness an explosive boom in the global blockchain gaming market! By 2027, it is projected to skyrocket from $4.6 billion to a mind-boggling $65.7 billion. This remarkable growth is fueled by the unique nature of the industry, pushing boundaries and unlocking new horizons.

But that's not all! We have some exciting highlights to share:

  • Witness the audacious act of burning a $95K CryptoPunk NFT, transformed by the daring Bitcoin Bandits into a remarkable masterpiece 🔥
  • Gucci and Yuga Labs redefine boundaries with their groundbreaking offering, "KodaPendants." These extraordinary pieces allow holders to secure their physical Otherside Relics, blurring the line between the physical and digital realms ✨
  • Binance teams up with the legendary Ronaldo to launch the ForeverCR7 NFT Collection, a fusion of sports and art that promises to captivate enthusiasts around the globe ⚽
  • WhatsApp takes a leap into the metaverse realm by showing initial support through integration with Meta Quest, opening doors to a new era of immersive communication 💬

Now, prepare to be enthralled by the electrifying world of NFT gaming, where virtual assets break free from conventional platforms. Brace yourself for a thrilling adventure that not only captivates your senses but also offers incredible economic opportunities through innovative play-to-earn models.

Fasten your seat belts and get ready to soar into a future brimming with endless possibilities! 🚀

Top NFT Sales Analytics 📊

  • The Global NFT marketplaces’ sales volume  for the 7-day period is over $184.01M+.
  • Top 5 NFT Sales with their values for the previous 7 days:

NFT

Price

$BTOC BRC-20 NFTs (#cd2fe02202e8c370…)

$2,829,733.03

Uncategorized Ordinals (#b5d547537956933…)

$2,256,078.40

Uncategorized Ordinals (#a0577d05d752ad49…)

$1,154,305.54

Uncategorized Ordinals (#9c1bd65a9c6c9ffc5…)

$611,432.95

Uncategorized Ordinals (#2b1e7fed4afcb611e3…)

$422,115.96

Weekly NFT Market Update 🗓️

  • Azuki unveils "Elementals" - a collection of 20,000 unique NFTs. Azuki holders receive half the collection through airdrops, while the remaining NFTs will be sold in phases, starting with Azuki holders, then Beanz, and finally a public sale. Refunds will be provided based on the difference in final sales prices.
  • MachiBigBrother, a whale from the Bored Ape Yacht Club, triggers a temporary sell-off by selling 39 Bored Apes at a high price, only to re-enter the market at a lower price shortly after.
  • Blur's outstanding loans on the platform reveal Azuki as the collection with the highest number of loans, surpassing 700. Beanz takes second place with over 500 loans, although its outstanding loans have slightly decreased since reaching a local peak over the weekend.
  • "Green Eyes," the latest collection by the renowned Bitcoin Ordinals collection 'Ordinal Maxi Biz,' announces its mint details, starting June 29th, featuring an AL price of 0.09 BTC and a public price of 0.29 BTC.
  • The initial round of voting for ApeCoin DAO's Special Council and Governance Steward positions concludes, with the top five candidates from each category advancing to the final round, from which two winners will be chosen.
  • CryptoPunk #9146 is purchased for 54.5 ETH, subsequently burned, and immortalized on the Bitcoin blockchain in exchange for an Ordinal Maxi Biz allowlist. This marks the second Punk to be burned this week.
  • Mercedes-Benz introduces an in-car app pilot that enables customers to display their own digital art in their vehicles by connecting their crypto wallets.
  • Haas, a Formula 1 racing team, announces a partnership with Renga and Opensea as they venture into Web3. Further details to be revealed soon.
  • Yuga Labs unveils the Forge event for its HV-MTL collection, offering social interactivity and gamified experiences for holders, commencing on June 29.
  • Fortnite collaborates with Nike and Beyond Creative to launch "Airphoria," a limited-time quest celebrating sneaker culture with exclusive rewards and outfits.
  • Pudgy Penguins introduces a new initiative encouraging owners of physical Pudgy products to create and submit unboxing videos. Participants will receive a soulbound token as a token of appreciation.
  • Blur now supports mobile devices, allowing users to buy, list, lend, and manage their portfolios directly from their phones without requiring a wallet signature.
  • Concerns about liquidation arise in the Bored Ape Yacht Club community after an observation of an over-leveraged Blur farmer, leading to a further decline in the collection's floor price.

Non-Fungible Brands’ Rankings 🏆

Blockchain

Sales Volume

Ethereum

$122.29M

Bitcoin

$24.99M

Solana

$9.96M

Polygon

$6.48M

ImmutableX

$5.55M

Mythos Chain

$5.14M

BNB Chain

$4.79M

Cardano

$2.08M

Flow

$902.2K

Arbitrum

$434.5K

Collection

Sales Volume

MysteryBean

$19.02M

Azuki

$13.31M

Bored Ape yacht Club

$13.24M

Uncategorized Ordinals

$12.66M

Mutant Ape Yacht Club

$5.53M

Gods Unchained Cards

$5.14M

DMarket

$5.10M

Beanz

$4.86M

The Captainz

$3.58M

$FRAM BRC-20 NFTs

$3.16M

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!