Daily News - July 16, 2022
TLDR:
CryptoPunk #4156 is sold for 2.69k ETH - the fourth largest sale! $WRLD tokenomics receives an update. $LOOKS undergoes a bullish unlock. Factura causes a gas war.
OpenSea Trading Volume:
Ethereum continues to hold onto its weekly gains closing the day at $1,257.35 USD (+2.1%)! In a similar manner, OpenSea’s trading volume amounted to $16.4M - up 30.02% from yesterday’s close.
News:
Factura is the latest collection by gm. Studios! The collection instantly sold out its public mint today. The average gas price for a successful mint was 0.153 ETH (1,111 gwei). (Source)
ATNPassion partners up with Braindrops for their latest collection titled “Elements.” The collection will drop today at 12 PM EST with 500 pieces available for 0.1 ETH. (Source)
RTFKT teases their upcoming collaboration with Nike! On July 21st, CloneX and Nike Dunk Genesis holders will be eligible to mint an RTFKT x Nike AR hoodie! The price of Nike Dunk Genesis rallied from 0.95 ETH to 1.4 ETH upon the news. (Source)
Bullish unlock for $LOOKS - the native token of LooksRare! The token price rallied 22.84%. (Source)
Dora and Dolly license their BAYC to Aeropostale, Old Navy, and FashionnNova! As of now, the 3 apparel companies have only produced graphic tees featuring the BAYC. (Source)
NFT Worlds, the P2E project built on Minecraft, is releasing an update to their $WRLD tokenomics model! Of particular interest, the team has allocated 28% of $WRLD supply for P2E rewards and another 35% for NFTWorld staking rewards. (Source)
Notable Sales:
CryptoPunk #4156 is sold for 2,690 ETH ($3.31M USD) to 0x67954ac5. The sale set the record for the fourth largest CryptoPunk sale! (Source)
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