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An NFT Weekly Recap: 10/17–10/23 by Metaverse HQ

Poopaloop
Metaverse HQ
Published in
7 min readOct 24, 2022

Monday/Tuesday 10/17

Autumn is in full swing as sports across globe kick off and this year more NFT projects are looking to capitalize than ever. NBA Top Shot’s Series 4 roadmap was released to skeptic optimism from fans. Meanwhile SoRare began the beta for their own fantasy basketball platform with a series of exciting auctions for player cards to use in contests.Volume was on the quieter side with very few projects seeing significant action outside of r0gs p0lls trading 200E across secondary markets. Opensea daily volume dipped again and closed the day at $9 million while ETH also took a slight hit and closed the day at $1300.

News:

Notable Mints:

  • r0g p0ll, a project that gained traction over the past week via Twitter, stealth minted this morning at .005E. It minted out very quickly and saw sales on secondary from .015E — .04E before leveling off at .023E. The 10k collection ended the day with 2200 unique holders on 200E traded volume.. https://www.gem.xyz/collection/r0g-p0ll/

Wednesday 10/19

It was BLUR day, as the marketplace aggregator surprised the broader NFT landscape with an activity based airdrop, bringing a much needed stimmy to us “Bear Market” survivors. Nyolings continue to see steady floor movement as prices cruised through the .2E range, while this weeks Art Blocks Curated drop was another W for those that minted. DigiDaiGaku also saw a 200E sale on #1632. Opensea volume checked in just over $8 Million with ETH still holding above the $1250 range.

News:

Notable Mints:

  • Art Blocks Curated: Primitives by Studio Aranda/Lasch sold out at in the .69E range and quickly caught traction with sales over 1E. Floors remained above .9E for most of the day and are currently sitting back in the .7E range on over 200E volume. https://opensea.io/collection/primitives-by-aranda-lasch
  • Infamous sold out its 5555 supply collection at a .025 mint price. The collection saw over 200E in volume and currently sees its floor sitting at a cozy .08E. https://blur.io/collection/infamous-official

Thursday 10/20

Several successful mints with a little bit of news helped propel an overall positive day in MVHQ and around the space as a whole. X2Y2 launched new projects for its lending protocol while Top Shot sought to win back fan favor with an updated roadmap. Meanwhile the mints of the day, primarily Degenheim (.18E) and Non NFT (1.7E) provided wins for community members within MVHQ and around the space as a whole. Opensea stayed steady with $10 million in secondary volume on the day while ETH took a dip to end the day at $1285.

News:

Notable Mints:

  • Degenheim minted it’s main collection of 7777 NFTs this morning at .08E each after a rocky start and a delay. They minted out in their second phase of WL, despite having seemingly removed some of their collaboration whitelisted addresses, causing uproar within the community. The collection currently holds a floor of .18E with 700E vol. Traded on secondary, while amassing 4800 unique holders. https://www.gem.xyz/collection/degenheim-nft/
  • Non NFTS, a collaboration between Moxarra, neurocolor, and XCopy, stealth minted today after being dropped in the XCopy discord. MVHQ missed the mint but was able to find it early on secondary, where many members were able to trade into momentum and secure big wins. Congrats MVHQ! The 666 collection minted at .1E before quickly running to 2E on secondary and pulling back to settle at 1.7E currently. The collection has 250E traded on secondary. https://www.gem.xyz/collection/non-nft/

Weekend Recap 10/21–10/23

Weekend volume hit a new local low with closings under $8 million for both Saturday and Sunday, but that still didn’t stop a relative buzz in the air with some pockets of activity. StreetMachine led the charge with its much anticipated reveal on almost 500E in volume. A big congrats to the Ramble Rouser himself RyanH for pulling a super sexy 1/1.

Starcatchers also saw nice action on rumors of a potential buyout or leadership change, while OtherDeeds find themselves treading some water after a large dump occurred when LooksRare changed its listing rewards. Lastly, a big congratulations to JJ for pulling down a huge $20,000 payday playing Reignmakers on Sunday. ETH ping-ponged as prices briefly touched under $1300 only to bounce back into its current $1330 range.

News:

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Poopaloop
Metaverse HQ

Written by Poopaloop

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