TLDR:
Markets are steadily climbing with BTC leading the charge! This may be the inklings of a potential bull market.
Treasure:
$MAGIC climbs to an intraday high of $3.47 before settling at $3.46 (+6.9%). (Source)
TIP-10 voting will come to a close on Monday, March 28 at 3:30 AM EST! Anyone that has staked their $MAGIC within the Atlas mine is eligible to vote on the proposal, which provides Battefly with $4.5M USD of $MAGIC at a 10$ discount (~$2.43 per token). (Source)
TreasureDAO posts an important reminder regarding safety and due diligence! It’s important to remember the smart contracts for Magic Dragon DAO have yet to be formally audited, therefore, there could be potential bugs remaining within their smart contracts. (Source)
OpenSea Trading Volume:
Ethereum, alongside the rest of the crypto market, continues on an upward rally! Bitcoin is up +4.6% on the day, with Ethereum trailing slightly behind at +4.3% on the day. Needless to say, this bullish sentiment translated to higher OpenSea trading volume which is up 34.06% ($112.91M in daily volume).
News:
ESSENCE, the latest collection by FVCK_RENDER immediately sold out during its public mint! As many users rushed to mint the collection, gas temporarily spiked to 2400 GWEI. (Source)
JPEG’d, one of the first NFT financialization protocols on Ethereum, launches their very first proposal! In specific, PIP-01 would grant the DAO permission to purchase up to $15M of Curve tokens for the treasury. (Source)
Pak, the creator responsible for selling $91.8M of black circles, releases a guide on how to participate within his upcoming Metamorphosis drop! The collection will officially debut tomorrow at 4:30 PM UTC and requires $ASH (Pak’s very own currency) to participate. (Source)
Jean-Rene, otherwise known as JR, released an NFT based on his TIME Magazine cover! The NFT is an open edition available for purchase via ETH or Credit Card with all proceeds being directed to support Ukrainian refugees. (Source)
Notable Sales:
Bored Ape Yacht Club #4740 was purchased by MachiBigBrother for 200 ETH ($659,682)! This latest purchase makes a grand total of 56 BAYC held by MachiBigBrother, which is further compounded by $APE holding ($26.25M)! (Source)