gm 👋

Bitcoin is up again after posting the strongest session yesterday in the past 6 months; it is up +1.5% to $21.5k on $32B, pretty active for a weekend trading session. Ethereum is $1770 on $12B, a +2.9% move over a 24hr period. LUNA popped out of nowhere, degen’ing up to $7 from $2 in the past 48hrs or so. Michael Saylor is eyeing buying more Bitcoin as the firm filed with the SEC to sell up to $500 million in Class A stock.

NFT volumes were a relaxed $15M on the day, with EVM-NFTs trading $10M and Solana-NFTs at $3M. Gutter Juice, a new project, has posted $2.3M of volume for EVM-NFTs. MAYC + BAYC were a combined $1.5M, as both collections have seen declining floor prices over the past week but steady average traded prices — MAYC avg sits around 13 ETH, BAYC is around 76.5 ETH. Sorare posts a $700k day, a consistent performance compared to the other newer fantasy sports projects, such as NFT All Day which is at $300k.

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

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NFT headlines:

How GameFi contributes to the growth of crypto and NFTs

Are We Witnessing the Birth of a New Generation of Community NFTs With PandaDAO?

Cardano’s First NFT Lending Platform Announces $25,000 in Bounty Ahead of Mainnet Launch

Digital Assets Exchange Crypto.com Rolls Out Support for New NFT Platform’s Native Token

NFT Tech Enters the $7.8B Loyalty and Reward Market, Pioneering New Technology

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