Daily News - March 19, 2022
TLDR:
$APE token hits an intraday high of $17.17 making recipients of the $APE very liquid. This has resulted in the flood of $APE profits back into OpenSea causing the price of blue-chip collections (e.g. Azuki) to surge!
Treasure:
$MAGIC climbs to $2.91 (+12.6%)! Despite this, the token is currently down 54.3% from its all-time-high price of $6.32. (Source)
Tales of Elleria, a 3D role-playing P2E game, is the latest project to join the TreasureDAO ecosystem. As a condition to joining the ecosystem, the team has begun to rewrite their whitepaper to incorporate the utility of $MAGIC and Treasure NFTs within their game. This has caused the public mint date to be pushed back to March 30, 2022 at 11 AM GMT! (Source)
OpenSea Trading Volume:
Up only! Ethereum climbs 6.1% to $2,956.83, however, it’s struggling to break past $3000. On the other hand, OpenSea trading volume slightly decreased to $113.81M (-13.8%) but floor prices for blue-chip projects continue to surge as BAYC holders recycled profits from the $APE airdrop.
News:
"Ethereum has made a handful of white men unfathomably rich, pumped pollutants into the air, and emerged as a vehicle for tax evasion, money laundering, and mind-boggling scams."
“The peril is you have these $3 million monkeys and it becomes a different kind of gambling,” Vitalik says, referring to the Bored Ape Yacht Club, an überpopular NFT collection of garish primate cartoons that has become a digital-age status symbol for millionaires
Time Magazine features Vitalik Buterin, the creator of Ethereum, on the front page of their latest issue. The article delves into the upbringing of Vitalik and his attitudes towards the current state of affairs in crypto. (Source)
Universal Music Group is launching a band composed of 3 BAYC and 1 MAYC under their 10:22PM record label. Kingship, the name of the band, will produce music and provide virtual performances in the metaverse. Much of the inspiration of this venture comes from Gorillaz - a virtual band formed in 1998. (Source)
NFTWorlds relaunches their website to better showcase the various metaverses being built on top of their platform. This news coincided with a 43.84% rally in $WRLD, the native token of the NFTWorlds ecosystem. (Source)
Punk6529, the widely respected thought leader in the Web3 sphere, makes his first-ever podcast appearance on Laura Shin’s Unchained podcast! In specific, the pair address the recent acquisition of CryptoPunks by Yuga Labs, the feasibility of metaverse properties, and the potential of $APE! (Source)
Notable Sales:
Chromie Squiggle #890 is purchased for 160 ETH ($474,395.20) by te777.eth! The buyer currently holds 4 CryptoPunks, 10 Meebits, 2 Chromie Squiggles, and 2 Midnight Breezes. For those unaware, the Chromie Squiggle project was the first-ever ArtBlocks project to be released! (Source)