Daily News - May 11, 2022
TLDR:
ZagaBond disappoints on Andrew Wang’s Twitter Spaces. Instagram provides details about their upcoming NFT launch.
Treasure:
To SmolBodies that left the moon mines and restaked the gym as of 9 AM PST yesterday, you’ll be able to claim a free SwolerCycle! The team has previously hinted at a racing game, in which, users could compete using SwolerCycles and SmolCars. (Source)
OpenSea Trading Volume:
After some intraday volatility, Ethereum closes the day up 2.2% at $2,367.92! On the other hand, OpenSea trading volume increased by 55.2% and closes the day with $129.45M in volume.
News:
Despite the downturn, Origins continues to build and deliver value to pass holders! In their latest announcement, the team announced upcoming bot rental solutions and a host of job opportunities. (Source)
In a follow-up to his previous blog, ZagaBond joined Andrew Wang on a Twitter Spcaes event to discuss his previous project history. Many were unsatisfied with his response which caused the floor to temporarily dump to 6.5 ETH. Since then, the project has recovered to a 10.1 ETH floor price. (Source)
Janet Yellen, the US Treasury Secretary, proposes a stablecoin legislature following the de-pegging event of UST! (Source)
dYdX launches a mobile application for their trading platform! (Source)
Meta, the company behind Instagram, released details regarding NFT-integration! Some of the first projects to be included within their NFT debut are Boss Beauties, Adam Bomb Squad, and Vee Friends. (Source)