Mad Lads Flip Mutants

Yuga Labs buys PROOF | Sotheby's EtherRock to top $600K | Mad Lads outpaces Mutant Apes.

Author

Leah Alger
February 20, 2024

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

  • 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:

Yuga Labs Acquires Moonbirds' PROOF in an All-Stock Deal

Yuga Labs reinforces its Web3 leadership through the acquisition of Moonbirds’ PROOF Collective.

  • 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.

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.

  • 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).

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.

  • 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.

Today's edition was written by Leah Alger