Daily News - July 31, 2022
TLDR:
Ethereum turns 7! Potatoz surge on staking announcement! Vitalik dismisses current metaverse attempts! Kevin Rose subtweets Ryan Carson.
OpenSea Trading Volume:
Ethereum closes the day at $1,695.97 USD (-1.82%)! More importantly, OpenSea's daily trading volume plunges to a monthly low of $13.68M USD
News:
If you have believed in us since day one, you should get more than someone who just purchased the day before. This is how I want a community to be built.
Potataz by Memeland hit an intraday hit of 1.4 ETH following the announcement of the âstaking-to-winâ system! (Source)
As the bear market continues, OpenSea trading volume continues to decline! As of today, OpenSeaâs daily trading volume (USD) is down on a year-over-year basis. (Source)
Ethereum is officially 7 years old today! (Source)
Vitalik addresses the current state of the metaverse. (Source)
Superful, a direct competitor to PreMint, officially mints out! A gas war temporarily sent gas prices to 1000 + gwei as users competed to mint the 100 passes allocated for public sale. (Source)
Who doesnât love some juicy drama on Twitter! In response to Ryan Carsonâs latest fund announcement, Kevin Rose coincidentally advises investors to participate in a DAO as opposed to an NFT fund. (Source)
Uncle Pennybags, an influential NFT investor, outlines his plans for navigating the bear market. Specifically, heâs adopted a barbell strategy consisting primarily of stables and long-term conviction microcap assets (e.g. Smolverse, Crecro, LootRealsm, DuskBreakers). (Source)
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