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gm - November 26th, 2022

gm 👋

Crypto markets look upbeat over the weekend. Ethereum is up +3% to $1220 and Bitcoin is +1% to $16600. After every crypto bro was berated by their family over Thanksgiving, prices tick higher on thinner volumes. Binance’s $2B rescue fund seems to have eased up the amount of FUD on Twitter — many are also calling out the influencer accounts trying to gain followers through spreading more FUD, so we’re all getting wiser.

NFT volumes are resilient, staying around $15M. ETH-NFTs are $12.5M, while Solana-NFTs post up $2M. BAYC and MAYC lead at the top with a combined $6M in turnover. Both collections have been beaten up all month, and have recovered their floor prices — BAYC at 68 ETH and MAYC at 13.5 ETH. CryptoPunks stay strong with $600k in volume across 6 trades.

Snapshot of Blue-Chip NFTs

Check out our Dune dashboard for details → https://dune.com/lhagiimn/cyan-market-dashboard

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