DeGods on GTA?

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This Week's Low-Down:

• 🐧 Pudgy Penguins Expands Retail Footprint with Hot Topic Launch

• 💸 Someone Just Received $8.4M from Blur’s Most Recent Airdrop

• 💣 DeGods’ Token ‘DUST’ Rapidly Spikes Following GTA Rumors

• SEC Sues the Kraken Exchange Over Claims of Being Unregistered (Bitcolumnist)

• PixelVault to Launch ‘BattlePlan!’: A Strategic Auto-Brawler with On-Chain Rewards (nft now)

• Blur Founder Develops L2 Network ‘Blast’ to Tackle NFT Issues (NFT Plazas)

• Exclusive: World’s First Blockchain Creators Celebrate History with NFT Mints on Kadena (nft now)

• Tracing The Rise & Fall Of Bitboy: Controversy, Crypto, & Cocaine (NFT Evening)

• GAM3 Awards 2023 – Vote for the Best Web3 Games (NFT Plazas)

• NHL Breakaway Hockey NFT Collectibles Platform Opens to the Public (Decrypt)

• MetaMask Enhances NFT Management with New Features (Bitcolumnist)

• Animoca Brands to Integrate Ubisoft Game into Mocaverse (NFT Plazas)

• What The BONK?! Solana Meme Coin Hits New All Time High! (NFT Evening)

• Frenpet Mania: Inside the Latest Pixel Pet Craze in P2E Gaming (nft now)

• US Government Reaches $4.3B Settlement With Binance (Bitcolumnist)

• Nike Collabs with RTFKT for Dunk Genesis Sneakers Presales (Bitcolumnist)

• Champions Tactics Preview: Everything You Need to Know About Ubisoft's NFT Game (Decrypt)

Trending Collections on OpenSea:

• Trademark by Jack Butcher [Floor Price - 0.13 ETH]

• Seekers of Paragon [Floor Price - 0.04 ETH]

• Echo of Intensity by Per Kristian Stoveland [Floor Price 0.04 ETH]

Pudgy Penguins Expands Retail Footprint with Hot Topic Launch

Pudgy Penguins, following its successful retail presence, have launched clip-on plushies available in select Hot Topic stores nationwide.

• Pudgy Penguins presence across numerous Hot Topic stores enhances the NFT Brand’s visibility in pop culture.

• Building on its retail momentum, Pudgy Penguins previously debuted its Pudgy toy line in Walmart, enabling fans to purchase physical merchandise in 2000 stores across the USA.

• The brand also has an earlier retail initiative with Amazon.

• Each Pudgy Penguin product licenses its intellectual property from the original NFTs, enabling token holders to earn profits whenever merchandise featuring their NFT is sold.

Someone Just Received $8.4M from Blur’s Most Recent Airdrop

Someone who goes by the name ‘Hanwe’ on Twitter received an extraordinary BLUR tokens worth $8.4 million from the NFT marketplace’s Season 2 airdrop.

• The BLUR tokens, initially valued at about $7.3 million when claimed by Hanwe, have experienced an increase in value, underscoring the dynamic nature of the NFT market.

• Hanwe was awarded the largest portion of the 300 million BLUR tokens designated for Season 2 rewards, reflecting their significant engagement and contribution to Blur's ecosystem.

• Surpassing OpenSea in NFT trading volume, Blur's success is attributed to its unique incentive model.

• The platform is now gearing up for Season 3 and has welcomed its new Ethereum layer-2 network, Blast, for additional reward mechanisms and airdrops.

  

  DeGods’ Token ‘DUST’ Rapidly Spikes Following GTA Rumors

  DUST, DeGods’ native token, saw its price jump from $0.62 to almost $0.80 on unfounded rumors of its inclusion in the new Grand Theft Auto (GTA) game.

• The rumor that GTA 6 would include DUST, fueled by the VP of Rockstar Games following DeGods and their use of the GTA font on Twitter, was rapidly debunked.

• DUST serves as a utility and governance token on Ethereum and Solana, originally awarded to those who staked their DeGods NFTs.

• Despite a bearish crypto market, DUST drew attention due to these rumors, showcasing how speculative narratives can influence token prices temporarily.

• After DeGods refuted the rumor, DUST's price fell to $0.66, an 8% increase from its starting point, raising questions about the effectiveness of using cultural references for crypto marketing.

Today's edition was written by Leah Alger

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