Daily News - July 3, 2022
TLDR:
Circle addresses USDC FUD. OpenSea co-founder steps down. gmDAO launches their own token.
OpenSea Trading Volume:
Ethereum experiences a small relief rally climbing 2.0% to close the day at $1,068.56 USD. Unfortunately, OpenSea trading volume continues to get decimated closing the day with $11.18M USD in trading volume - down from yesterday’s close of $15.99M USD.
News:
gmDAO, an organization focused on generative art, announces $GMC! Interestingly, the team has set aside 5% of the token supply for an upcoming airdrop. (Source)
In response to USDC FUD, Jeremy Allaire publishes a thread documenting the legitimacy of Circle and USDC. (Source)
Pudgy Penguins continue to dominate social metrics! The cute PFP project managed to increase social engagement by 430.6% to 59.27M engagements this month. (Source)
Alex Atallah, the co-founder of OpenSea, steps down from the company. The co-founder is currently valued at $2.2B USD. (Source)
Notable Sales:
MAYC #15589 is sold for 30 ETH ($32,066.10 USD) to an anonymous wallet! The MAYC was previously purchased for 77.77 ETH ($233,811.62 USD) marking a total loss of $201,745.52. (Source)
ENS domains continue to run hot! david.eth was sold for 32 ETH ($35,951.36 USD) to a newly funded wallet. (Source)
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