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NFT Market Update — Week Ending June 17th, 2022

State of the Market, NFT Ticketing Support Growing, TAG Heuer Watches Add NFTs, Corvette gets Minted Green, and more!

📈State of the Market📉

Market activity for the past 7 days:

⚖ NFT Fear and Greed Index ⚖

Readings for the NFGI are as follows: 0–20 = Extreme Fear, 20–40 = Fear, 40–60 = Neutral, 60–80 = Greed, 80–100 = Extreme Greed.

🥇 Top 3 Sales 🥇

  1. BAYC #7537 1024 ETH (US $1 M)
  2. BAYC #2488 1000 ETH (US $1 M)
  3. Otherside #61223 260 ETH (US $436 K)

Recent Events

🌊 NFT Volume Surges Amid Market Crash 🌊

💬 Dump Discord? Nansen Launches Web3 App💬

🎫 UEFA Debacle Leads to NFT Ticketing Support 🎫

🚗 Corvette NFT + Matching Car to be Auctioned🚗

💍 Convicted Scammer Anna Sorokin Selling NFTs 💍

⌚ TAG Heuer Intros NFT Luxury Smartwatch

🎯 Upcoming Drops 🎯

  • Marilyn Monroe by photographer Jeff Mitchum 1 of 10 editions on Terra Virtua. The artwork was fully colorized from the original B/W film studio negative and a high end private art collector, Thomas P., has the exclusive rights to distribute this image
Marilyn Monroe, Thomas P
  • Pranksy will launch V2 of the on chain NFT Boxes soon with Hackatao being the headline artist. Hackatao follows other prominent NFT artists who had previously featured in V1 including Alotta Money, XCOPY, Coldie and Kitty Blast. More information coming soon during NFT NYC

🎢 Catch the NFT Dip 🎢

With the market fluctuations driving liquidity needs, our analytics team keeps watch for unique market availability and changes in highly sought after collections.
  • Raf Grassetti dropped on Artifex on April 3rd with almost 4,000 people entering the drawing for a chance to buy 1/100 of his piece for 0.3 ETH. You can now buy #2 for 0.36 ETH with the next available piece on the market for 0.88 ETH (source)
  • Alotta Money dropped on October 16th on Artifex for 0.2 ETH. There is one for sale for 0.69 ETH (edition #52). The next two available on secondary are 1 ETH and 1.5 ETH (source)
  • There are only 7 Kolectiv cards by Alotta Money for sale on the secondary. Lick or Trick is available for 0.519 ETH (#80/100) and only 1 of 4 available, there are two Monsieur Monnaie cards (#115/150) with the lowest at 1.49 ETH and one Piece of Mind (#20 of 25) for 4 ETH (source)
  • XCOPY #60 of 150 BeastMode from the Kolectiv series is available on secondary for 5.55 ETH and an offer of 3.33 wETH is on the table (source)

🐳 The Tao of WhaleShark 🦈

🐋 Join $WHALE 🐋

  1. Join the $WHALE discord
  2. Check out the #project-overview channel
  3. Ask in #support if you need any assistance

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