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NFTScan | 09.16~09.23 NFT market hot spots summary

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Welcome to the weekly summary of hot NFT ecosystem events produced by NFT infrastructure NFTScan.

Period: 2024.09.16~ 2024.09.22

NFT Hot News

01/ ​DeGods launches the token DEGOD, which users can convert through DeGods, y00ts or DUST

On September 16, Solana NFT project DeGods launched the token DEGOD, which users can convert through DeGods, y00ts or DUST. Each DeGods NFT can be exchanged for 550,000 tokens, each y00ts (Fuzzy DeGods) NFT can be burned and converted into 120,000 tokens, and each DUST token can be burned and converted into 36 tokens. 85% of the tokens will be issued to NFT holders, 10% will be allocated to the foundation, 3% will be used for Bonding Curve, 1% will be used for initial liquidity, and 1% will be allocated to Solana NFT market Sniper.

02/ Mocaverse and Magic Eden will cooperate to launch MagicMoca NFT publishing platform

On September 17, Animoca Brands' Web3 metaverse project Mocaverse and NFT trading market Magic Eden will cooperate to launch the MagicMoca NFT publishing platform. The new platform will leverage the scale of the Moca network and deliver upcoming NFT projects from Animoca Brands and its portfolio of more than 540 Web3 projects. MagicMoca will use MOCA Coin as the main currency for its sales activities, and Magic Eden will accept MOCA Coin as one of the preferred currencies for its market. In addition, Magic Eden will fully integrate Mocaverse products, enabling Moca ID users to participate in NFT publishing activities and build reputation on the chain through NFT.

03/ Phaver utility token will be listed on Bybit on September 24

On September 19, Phaver's token $SOCIAL aims to capture and redistribute value in a meritocratic manner, rewarding users who truly create value. Its Phairdrop Season 1 airdrop rewards will be issued during the TGE on September 24, and the second season is officially online. At the same time, Phaver also launched its second NFT series, Cred Passes, which can be minted on OpenSea and last until TGE, providing users with the most efficient way to reach and maintain higher levels on Phaver, thereby redeeming and unlocking more tokens every month in the future.

04/ MintPac, a Meme NFT project issued on Mint.Rich, has increased by more than 200 times

On September 19, according to official news, according to on-chain data statistics, the NFT Pump platform Mint.Rich has issued more than 1,400 Meme NFT projects in one week since its launch. Among them, the Meme NFT project MintPac issued based on the ERC404 protocol standard has increased by more than 200 times, making it one of the Meme NFT projects with the largest increase on the Mint.Rich platform.

05/ ZetaChain launches 6.5 million ZETA reward pool, XP members can mint NFTs to receive

On September 20, according to the official announcement, Universal Blockchain ZetaChain has launched a 6.5 million ZETA reward pool for qualified XP members, and users can unlock exclusive benefits within the ZetaChain ecosystem by minting their XP status NFT. The claim period is open until October 4. This milestone reinforces ZetaChain's mission to provide universal application support for all chains, including native Bitcoin, and marks ZetaChain's upcoming transition to a new instant reward model. This is the last XP airdrop. Since its launch, ZetaChain has distributed more than 90 million ZETA and has more than 3.8 million independent wallets.

06/ Play Solana launches PSG1, a handheld game console built on Solana

On September 20, Play Solana launched the PSG1, a handheld game console built on Solana. The device will have a built-in Solana wallet, and Play Solana NFT holders will receive priority pre-order discounts. Officials said that it will use PSG1 to create a new ecosystem.

07/ NFTScan is online for the third anniversary and launches the third anniversary NFT event on Mint Blockchain

According to official news on September 20, the blockchain data infrastructure NFTScan launched a three-year anniversary NFT event today. Users who complete the Galxe task can receive a NFTScan three-year anniversary commemorative NFT. This event is held on the Mint Blockchain mainnet to commemorate the third anniversary of NFTScan's launch. It has now become one of the official activities of the Mint mainnet event Mint Expedition. All users who obtain this commemorative NFT will have the opportunity to receive future Mint airdrop rewards.

08/ Tensor Co-creation: Tensor is now fully open source and has opened a token funding program

On September 20, at the Solana Breakpoint Conference, Richard Wu, co-founder of Solana’s ecosystem NFT trading platform Tensor, said, “Tensor is now fully open source (including 5 protocols such as the NFT market) and has hosted a free and fully customized Web2 API, which theoretically allows us to completely clone our front end. In addition, the Tensor NFT market fee is set to: 50% of the Tensor fee belongs to the developer, and 50% is allocated to the Tensor Foundation treasury.

09/ Pudgy Penguins CEO: NFT has symbolic meaning that memecoin cannot replicate

On September 20, according to The Block, Pudgy Penguins CEO Luca Netz said at the Solana Breakpoint conference in Singapore on Friday that despite the existence of Memecoin culture, there is still no better way to create a community than using NFTs. He said, "The reason why NFTs are currently in a downturn is that successful NFTs have too poor liquidity for whales and the prices are beyond the retail price. But cryptocurrencies are cyclical, and with the infrastructure built in the previous cycle, NFTs will become larger and perform better in the next round."

10/ Total NFT sales on the Bitcoin chain exceeded $4.5 billion

On September 22, the latest data showed that the total sales of NFTs on the Bitcoin chain exceeded US$4.5 billion, currently reaching US$4,501,727,121, ranking third in on-chain NFT sales, second only to Ethereum (US$44.304 billion) and Solana (US$5.847 billion).

80%.

NFT on-chain data

01\ NFT multi-chain data overview

As of September 23, 2024, NFTScan currently supports 25 mainstream blockchain networks including Bitcoin, Ethereum, BNBChain, Polygon, Solana, Mint, Avalanche, Arbitrum, Optimism, zkSync, Sei, Starknet, Aptos, Mantle, Linea, Base, TON, Blast, Gravity, Scroll, Viction, Fantom, Moonbeam, PlatON, and Cronos, generating a total of:

Number of NFT contracts: 4,761,628

Number of NFT assets: 2,141,315,402

Number of NFT on-chain records: 7,050,944,698

Total NFT asset market value: $20,266,970,288

NFT historical total transaction volume: $106,310,941,816

02\NFT Trading Market Trends

This week: OpenSea dominated the market, with the overall transaction volume reaching its highest on September 21, with the highest volume of OpenSea reaching $7.333 million at 0:00. NFTScan recorded 233 trading markets with a total transaction volume of $83m in 7 days. This week, OpenSea ranked first in transaction volume, and the market transaction volume distribution was relatively stable. The top six trading markets and their distribution ratios are as follows:

OpenSea: $39,677,305 (47.79%)

Blur: $12,718,814 (15.32%)

MagicEden: $5,603,133 (6.75%)

SuperRare: $5,481,662 (6.60%)

Element: $5,326,606 (6.42%)

CoralCube: $4,233,666 (5.09%)

03\Top NFT Blue Chip Trends

The current total market value of the 19 blue-chip contracts is 747,756 ETH, accounting for 20.84% ​​of the total NFT market value.

This week: The total transaction volume of blue-chip NFTs was 4.16k ETH, the total market transaction volume was 14.68k ETH, and as of 00:00 on September 16, the transaction volume reached a maximum of about 682 ETH.

04\TOP 10 Wallet

NFTScan analyzed the top 1,000 NFT holding value wallet addresses, and the current top 10 holding value are shown in the figure below:

Top1 Wallet:

0xab14624691d0d1b62f9797368104ef1f8c20df83

This wallet address holds 4,815 NFTs (including 3 NFT Collections), currently holds 64,785 ETH ($172,000,941.06), and has 7,459 interactions.

05\NFT Project Ranking List

The top 10 most popular and traded NFT projects on the Ethereum network are shown below:

This week, Crypto Punks ranked second, with the floor price stable at around 28.84e last week, and a 7d transaction volume of 846e; Azuki ranked third with a transaction volume of 717e, and the current floor price is 5.99e; BoredApeYachtClub ranked fourth with a transaction volume of 600e, and the current floor price is 11.93e; the overall market transaction volume and floor price of most blue-chip NFTs showed a downward trend.

06\Popular NFT Express

This week’s popular NFT is the Azuki series:

Data shows that the current floor price is stable at 5.99 ETH, the highest transaction price is 420.7 ETH, and the total transaction volume on Ethereum has exceeded 928.5k ETH. The transaction distribution in the past 7 days was mainly Blur: 648.49 (92.58%) OpenSea: 34.08 (4.87%) X2Y2: 17.91 (2.56%) units of ETH, and the number of transactions in 7 days reached 57 times.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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