decrypt.co/96009/crypto-artist-xcopy-23m-ethereum-nfts-10-minutes

Crypto Artist XCOPY Sells $23M Worth of Ethereum NFTs in 10 Minutes

@Jozen thoughts on sol monkey bs?

u in?

im totally out of the loop on sol projects tbh, worth getting into?

that's why i ask it seems it

ima look more into it 🙏

these mev breakdowns are so insightful and fun to read

i think i’m going to release a smaller photo collection with low entry point prices to draw more people in the space to my work. i have two collectors in here with @0 and @Jozen so i’ll post it when it’s ready incase anyone is interested

Anyone heard of shinobi bunny?

dam nfts saved my life fr

art is pretty cool

Azuki pumping my bags

I’m a fuvking idiot

Here's some thoughts I have about the current state of NFT's + what I'm currently up to, and a list of some projects I currently have on my radar for April and the broader Q2 that I believe could perform well:

The NFT market is obviously not like it once was in January, there are no upcoming projects with massive hype that are expected to do insanely well. Like, there clearly was with Azuki and Invisible Friends for example. Getting on those presales was a guaranteed way to stack some ETH (even with Hapebeasts, if you had the right idea to mint and sell pre-reveal). We're clocking in at about $63.8M in daily volume on Opensea as of today (March 28th, 2022). Nothing that screams bull market but not insanely bearish either.

source: dune.xyz/rchen8

Some select collections come around every now and then and do well, especially artist led ones, or ones propped up by prominent OG's in the space. But most new collections are flopping left and right. Some are having their floor price drop below mint price and/or are dying out within a couple days/weeks. IMO, a successful project is determined by how long it is able to capture mind share. This space moves insanely fast and the attention span of the NFT community is incredibly short.

The macro geopolitical sentiment still weathers the general markets which appears is still reflecting in NFT volume. Further, it does not help that the NFT space is on the tailwinds of some massive rugpulls, scams, and general flops (Pixelmon, Squiggles, etc etc). It seems people are still quite fearful, and not many new retail buyers are coming into the space as compared to two months ago.

source: nansen.ai: trends

In despite of that, blue chips are either holding stable or finding new price discovery. A majority of current participants are either staying liquid, and/or are saving up to buy or are buying blue chips/coveted collections. Most volume candles as of late are from people who have been in the space for a while and are basically throwing their ETH around with one another it seems, for the most part. In addition, ETH has ripping lately and that doesn't exactly bode well for NFT's.

source: flips.finance

I'm personally still trying to attain WL spots for projects I believe will do well in the short to medium term. But I'm also not grinding discord as crazy as I once was to get on IF and Hapebeasts WL, and others. I've secured some ETH and now I'm taking this period of relative quietness to further build my own skills, research more about already existing projects, and staying fairly liquid to take advantage of trading opportunities. I've also been interested lately in collecting art from lesser known artists and learning more about less popular forms of NFT's such as music nfts.

Finally, here are some projects I'm looking forward to:

Lonely Pop NFT

humankind.

Lofi Originals

figuregot

NIWA (haus)

Possessed NFT

Isekai Meta

Art is so fireeee

the niwa nfts are not terrible

solana support coming to Opensea

could be something

How do these projects get over 10k followers when opening their accounts?

Like what's the marketing process beforehand?

thots?

sol monke business sir

currently out of my budget i really like the monkes tho