Ethereum: As blue chip NFTs leave, who takes the spotlight?

The volume of blue chip collections, including BAYC, Otherdeed, and MAYC, all declined around the same period Other not-so-popular collections filled in for the decrease, but there were no substantial changes. Ethereum [ETH] NFTs like Otherdeed, Moonbirds, and Bored Ape Yacht Club [BAYC] were almost always on the list of collections with the most daily … Read more

Is Yuga Labs responsible for these changes in the NFT landscape? Details inside…

Yuga Labs drives growth in the Ethereum NFT market. Mutant Ape Yacht Club, BAYC see an increase in NFT volume and sales. According to data provided by Dune Analytics, there was a significant spike in the number of Ethereum [ETH] NFT trades over the last few months. One potential reason for this growth is the … Read more

Could the NFT market be in pole position for a Q1 2023 revival?

Crypto Punk NFT sold for six times the amount it was bought. NFT market would need some crypto price recovery to sustain a 2023 revival. If you were of the viewpoint that the NFT market year would end in a turnaround, then you may not be too far from the truth. Despite a rally on … Read more

The first 24 hours of the ApeCoin DAO

If you’re a Bored Ape Yacht Club NFT holder, you may have cause to celebrate because all holders get access to the new ApeCoin DAO (APE) that launched on Wednesday, 17th March 2022. ApeCoin in the age of Decentralization The token launched on Wednesday the 17th, and the folks at Yuga Labs did not create … Read more