gm - August 8th, 2022

gm 👋

Up only in crypto markets today, with both BTC and ETH up 5%. BTC trades at $24,150 on $24B — still low volumes from the norm. ETH is right at $1800 on $13B of volumes, also low but not as pronounced as BTC.

NFT volumes were low again at $14M, with EVM-based NFTs trading $11M in total and Solana-based NFTs printing $1.3M again. CryptoDickButts takes the lead in terms of volumes today on $1.4M turnover as 1D = 1B. Sorare strong volumes of $1.3M, while Webaverse managed to get $1M trading hands. Otherwise a relatively quiet day again in NFTs.

Snapshot of Blue-Chip NFTs

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NFT headlines:

A Crypto Game Promised to Lift Filipinos Out of Poverty. Here’s What Happened Instead

Avalanche Jumps Nearly 15% Amid Surging NFT Volumes

A slice of the punk: CryptoPunk NFT to be split into 56,000 pieces

CryptoDickbutts Ethereum NFTs Surge 690% in Daily Sales Volume

Amid possible shutdown, Tencent’s NFT marketplace slows new releases


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