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Mad Lads Flip Mutants
Yuga Labs buys PROOF | Sotheby's EtherRock to top $600K | Mad Lads outpaces Mutant Apes.
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This week’s edition brings BULLISH VIBES 🔥
This Week's Low-Down:
🤝 Yuga Labs Acquires Moonbirds' PROOF in an All-Stock Deal
🪨 EtherRock NFT Auction Predicted to Surpass $600K Mark
🚀 Mad Lads Flips Mutant Ape Yacht Club in Market Capitalization
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The Glenlivet Embraces NFTs for Exclusive Whisky Series (Bitcolumnist)
Arcade to Airdrop $3M Tokens to Mega SOL, ETH, BTC NFTs (NFT Plazas)
The Wry and Whimsical World of Bryan Brinkman (nft now)
Ethereum Introduces New Hybrid Standard Merging NFTs with Tokens (Bitcolumnist)
Can Pudgy Penguins Flip BAYC? A Battle for NFT Supremacy (NFT Plazas)
NFT Insider Trading? Moonbirds Sales Spiked Before Yuga Deal Was Official (Decrypt)
Magic Eden and Yuga Labs Ready for NFT Marketplace Launch (Bitcolumnist)
Everything You Need To Know About EtherRocks (nft now)
Ronin Effect: Why 'Pixels' Ditched Polygon Ahead of Ethereum Token Launch (Decrypt)
Mocaverse Opens Avenues for Web3 Wallets: OKX, Halo, Crypto.com (NFT Plazas)
Mastercard Launches UEFA Champions League Trivia (Bitcolumnist)
Bitcoin Ordinals Gaming Project Bits Slashes Price, Supply After ‘Misjudging’ Market (Decrypt)
Fischer Celebrates 100-Year Legacy with NFT Ski Package (NFT Plazas)
Trending Collections on OpenSea:
Pillheads NFT [Floor Price - 0.03 ETH]
Azuki Elementals [Floor Price - 0.62 ETH]
Moonbirds [Floor Price - 1.75 ETH]
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Yuga Labs Acquires Moonbirds' PROOF in an All-Stock Deal
Yuga Labs reinforces its Web3 leadership through the acquisition of Moonbirds’ PROOF Collective.
Yuga Labs has acquired @proof_xyz, which includes PROOF Collective, @moonbirds, Mythics, @oddities_xyz, and @grails exhibition series.
For more information, see the official Yuga News blog:
news.yuga.com/yuga-labs-acqu…— Yuga Labs (@yugalabs)
8:04 PM • Feb 16, 2024
PROOF's CEO Kevin Rose joins Yuga temporarily as an advisor, with Yuga team members aiding integration.
Months of discussions preceded the acquisition, focusing on Moonbirds initially and expanding to include the entirety of PROOF’s initiatives.
Initial plans, however, involve integrating Moonbirds into Otherside and exploring the integration of other PROOF collections.
Yuga sees potential in PROOF's community and aims for seamless integration, with possible future acquisitions aligned with its community-first approach.
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EtherRock NFT Auction Predicted to Surpass $600K Mark
As Sotheby’s hosts a sealed bid auction for the highly sought-after EtherRock #46 NFT until February 24, speculation is rife on whether or not it will surpass $600K in sales.
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Polymarket predicts a 57% chance of the EtherRock NFT exceeding the $600K mark, building on its previous sale of $496,658 in February.
Despite volatility in the NFT market, high-profile auction houses like Sotheby’s continue to witness interest from affluent collectors.
Recent NFT auctions curated by Sotheby’s have consistently outperformed expectations, signaling sustained interest and potential in the NFT asset class.
Notably, the highest bid Etherrock has received via Sotheby’s thus far is $4,743.40, as per Etherscan (0xa3f5998047579334607c47a6a2889bf87a17fc02).
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Mad Lads Flips Mutant Ape Yacht Club in Market Capitalization
Yesterday, Mad Lads outperformed Mutant Ape Yacht Club, achieving a market capitalization of $226,107,986, surpassing Mutant's $223,063,953.
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Mad Lads is a standout NFT series celebrated for its distinctive and lively art, exclusively available on the Solana blockchain.
Recent data from CryptoSlam highlights an impressive 196% boost in Mad Lads transactions, culminating in a staggering $1,748,014 in sales.
This sales explosion was driven by the trade of 79 tokens, representing a notable 163% increase in activity.
The collection's highlight includes the sale of Mad Lads #196, fetching an impressive $28,321.08 (equivalent to 250.5090 SOL), setting a new benchmark for the series.
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Today's edition was written by Leah Alger