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NFTScan | 01.06~01.12 NFT market hot spots summary

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Welcome to the weekly summary of hot events in the NFT ecosystem, brought to you by the NFT infrastructure platform NFTScan.

Period: 2024.01.06~ 2024.01.12

NFT Hot News

01/ SOON launches the COMMing SOON NFT Mint program, with 51% of the total token supply allocated to the community

On January 6, the Solana Virtual Machine SOON launched the COMMing SOON NFT Mint program, which will be launched at 20:00 on January 14, in order to promote its community token distribution model. According to SOON's token economic model, 51% of the total token supply will be allocated to the community, and the COMMing SOON NFT Mint is the first round of distribution.

02/Jeju Island, South Korea, will issue NFT travel cards to attract young tourists

On January 6, according to Cointelegraph, Jeju Island, South Korea, plans to issue NFT travel cards to attract young Korean tourists to the island. The NFT-linked travel cards will first be tested, and then fully launched in the second half of 2025, providing travel subsidies and discounts for tourist attractions across the island.

03/ inBetweenersNFT and BONK.live establish a joint venture BFA, empowering the NFT series and token BLUE

On January 7, the NFT series inBetweenersNFT and the BONK ecosystem token issuance platform BONK.live established a joint venture BFA. The company will be directly involved in the inBetweeners Web3 ecosystem, empowering its NFT series and token BLUE.

04 / The product manager of Reddit's Collectible Avatars NFT leaves, causing concern among platform users

On January 7, according to Cointelegraph, Reddit Collectible Avatars (RCA) NFT holders expressed concern about the future prospects of the product after learning that the project manager had confirmed his departure from the social media company.

05 /SOON: COMMing SOON NFT minting has received $200 million in subscriptions, oversubscribed by 8 times

On January 7, the Solana Virtual Machine SOON announced that its COMMing SOON NFT minting program had received $200 million in subscriptions within 16 hours of its launch, achieving approximately 8 times oversubscription.

06/ The NFT project Mad Lads has risen by 24% in a short period of time, with a floor price of 84.2SOL

On January 7, possibly affected by the "Backpack Exchange's $32.7 million acquisition of FTX EU", the NFT project Mad Lads has risen by 24% in a short period of time, with a current floor price of 84.2SOL.

07/The Trump NFT series uses the Ordinals protocol to launch Bitcoin digital trading cards

On January 9, according to Bitcoin.com, the NFT series supported by Trump has launched "Trump Bitcoin Digital Trading Card" using the Ordinals protocol on Bitcoin, with the first batch of 160 cards. Users who obtain 100 NFT cards from the "Mugshot Edition" and submit a Bitcoin wallet are eligible to claim through the NFT marketplace Magic Eden, and currently 37 out of 119 available Ordinals have been minted, with the claiming deadline being January 31, 2025.

08/ InfiniGods plans to launch its native token GOD, with 17% to be allocated to its NFT holders

On January 10, according to The Defiant, the crypto game InfiniGods is currently preparing to launch its native token GOD. The GOD token will be distributed among the NFT holders in the ecosystem, with 4.25% allocated to InfiniPass holders, 3.25% to Elder Gods NFT, and 9.5% to God Vault NFT holders.

09/ SOON collaborates with Aethir to promote the development of SVM AI, and ATH becomes one of the tokens supporting NFT minting

On January 10, the Solana Virtual Machine Rollup SOON announced a collaboration with Aethir, combining Aethir's decentralized GPU computing infrastructure with SOON's high-performance SVM Rollup technology to provide a new solution for the development and scaling of blockchain-based AI projects. Additionally, Aethir's $ATH token will become one of the payment tokens supported for the COMMing SOON NFT Mint on January 14 at 20:00 (Beijing time).

10/The New York Attorney General uses an NFT airdrop to summon a cryptocurrency fraud perpetrator who stole $2.2 million

On January 12, according to The Block, New York Attorney General Letitia James has filed a lawsuit accusing a cryptocurrency fraud ring of stealing at least $2.2 million from New Yorkers through false remote work opportunities. James plans to airdrop NFTs to the wallets controlled by the alleged fraudsters as part of the lawsuit.

11/ Mint Blockchain's on-chain transaction volume ranking has risen to eighth, surpassing ZKsync, Linea, and Starknet

On January 12, according to official information, L2beat data shows that the NFT public chain Mint Blockchain's on-chain transaction volume has risen to eighth place in the Ethereum L2s ecosystem, surpassing networks such as ZKsync, Linea, and Starknet. Mint Mainnet has averaged 300,000 on-chain transactions per day in the recent month, mainly driven by the demand for new NFT asset issuance.

NFT on-chain data

01\ Overview of NFT multi-chain data

As of January 12, 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, which have generated:

Number of NFT contracts: 5,403,078

Number of NFT assets: 2,595,563,215

Number of on-chain NFT records: 8,353,415,715

Total market value of NFT assets: $35,292,363,210

Total historical NFT trading volume: $109,582,906,322

02\NFT trading market trends

This week: Blur and Opensea dominate the market, with the overall trading volume reaching its peak on January 6, around 13:20 when Opensea market reached approximately $13.2 million. NFTScan has recorded 233 trading markets with a total 7-day trading volume of $137.5 million. This week, Blur ranked first in trading volume, with a relatively stable market distribution, and the top six trading markets and their respective shares are:

Blur: $54,720,324 (39.53%)

OpenSea: $53,649,348 (38.98%)

Element: $7,808,141 (5.68%)

Tensor: $6,033,304 (4.38%)

MagicEden: $5,131,422 (3.73%)

CryptoPunks: $2,589,768 (1.88%)

03\Trends of top NFT blue-chip projects

The current total market value of 19 blue-chip contracts is 1,142,902 ETH, accounting for 20.74% of the total NFT market value.

This week: The total trading volume of blue-chip NFTs was 13.13k ETH, and the total market trading volume was 29.84k ETH, reaching a peak of around 3,065 ETH on January 7 at 00:00.

04\TOP 10 Wallets

NFTScan has analyzed the top 1000 NFT holding value wallet addresses, and the current top 10 are as follows:

Top1 wallet:

0xab14624691d0d1b62f9797368104ef1f8c20df83

This wallet address holds 4,815 NFTs (including 3 NFT Collections), with a current asset holding of 64,785 ETH ($206,872,757.7) and 7,459 interactions.

05\NFT Project Ranking

The top 10 most popular and highest-trading NFT projects on the Ethereum network are as follows:

This week, Pudgy Penguins ranked first, with the floor price stabilizing around 24.479e last week and a 7-day trading volume of 5,974e; Azuki ranked second with a trading volume of 5,234e, and the current floor price is 14.59e; Lil Pudgys ranked third with a trading volume of 2,853e, and the current floor price is 2.53e. Most blue-chip NFTs have seen an upward trend in overall market trading volume and floor prices.

06\Hot NFT Digest

The hot NFT this week is the Pudgy Penguins series:

Data shows that the current floor price is stable at 23.55 ETH, the highest transaction price is 420 ETH, and the total transaction amount on Ethereum has exceeded 497.6k ETH. In the past 7 days, the transaction distribution is mainly Blur:4.9K(85.32%);OpenSea:713.78(12.43%)X2Y2:100.3(1.31%)LooksRare:28.9(0.5%) in unit of ETH, and the number of 7d transactions reached 262.

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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