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Mar 14, 2023

[NFT Weekly] Yuga Labs’ Otherside 2nd Trip, Gitcoin Presents’ Parabolic Surge, and More!

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Ponyo
Xangle
Translated by elcreto

Top NFT Floor Price

 

Market News

Yuga Labs Announces Otherside 2nd Trip - Link

  • Yuga Labs is set to launch the Second Trip to its Otherside metaverse on March 25.
  • Voyagers holding Otherdeeds—Otherside land NFTs—will be able to invite a guest per holder. The Otherdeed NFT holders will have priority access while guests will be accommodated on a first-come, first-served basis.
  • Voyagers attending the Second Trip will be eligible to earn the First Trip Obelisk Piece.

 

Most Hyped

Gitcoin Presents - Opensea

  • FP: 0.12 ETH (as of March 13, 2023)
  • Gitcoin Presents is an NFT collection created by NFT platform Metalabel in collaboration with blockchain funding company Gitcoin.
  • The NFT grants a digital copy of the 2018 publication on Quadratic Funding co-authored by Vitalik Buterin.
  • Since its debut, the floor price of the collection has shot to the moon, rocketing 100% (0.05ETH → 0.65ETH) overnight. The price has trended downwards since.

 

On-chain Analysis

Week-on-Week Changes: Ethereum NFTs

  • Total volume of NFTs traded: -25.3% WoW
  • Total value of NFTs traded: -19.6% WoW

 

Top 10 Projects (By 7D Trading Volume)

 

7D Trading Volume by Segment (Based on Ethereum)

  • PFP (54.5%) once again was predominantly the most traded NFT segment, followed by utility (13.0%) and collectible (12.7%).

 

7D Trading Volume by Blockchain

  • Ethereum’s market share by 7-day trading volume has retreated 5.3%, sliding from 83.3% to 78.0%.
  • The volume of NFT transactions on Polygon took off as the Trump Digital Trading Cards (TRUMP) came back into the spotlight.

 

 

Previous NFT Weekly Reports

 

 

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