[NFT Weekly] Yuga Labs TwelveFold, Polygon-Daehong Partnership & Owls 9000% Moonshot
Translated by elcreto
Top NFT Floor Price
Market News
Yuga Labs to Debut TwelveFold Collection - Link
- Yuga Labs is set to launch “TwelveFold,” its first Bitcoin-inscribed NFT collection.
- TwelveFold is a collection comprised of 300 generative art ordinals. It is expected to bear similarities to Larva Labs’ Autoglyphs (FP: ~250ETH).
- The meteoric rise of the Bitcoin NFT market has provided the biggest boon to Stacks (STX).
Bellygom Nails Down Polygon Migration
- Polygon has announced a partnership with Daehong Communications, one of the Lotte Group companies responsible for the group’s NFT projects.
- The Season 2 roadmap and migration to Polygon for Lotte Homeshopping’s own character Bellygom were outlined during a party for the holders of the NFTs at Lotte World.
- While a finalized schedule has yet to be made available, Bellygom holders are promised an introduction of a variety of activities and new participation rewards matrix.
Most Hyped
Owls - Opensea
- FP: 0.365 ETH
- “Owls” is an NFT collection of 10,000 owls drawn with ASCII characters.
- Released on March 4, 2023, the floor price of the collection has gone parabolic, zooming as much as 9,260% from 0.0039ETH to 0.365ETH.
On-chain Analysis
Total Trades (W/W Changes)
- Total volume of NFTs traded: -16.3% WoW
- Total value of NFTs traded: -9.3% WoW
Top 10 Projects (By 7D Trading Volume)
7D Trading Volume by Segment (Based on Ethereum)
- PFP has widened its grip even further, taking up 59.5% in the NFT market. Utility and collectible NFTs came in second and third respectively, with each making up 13.5% and 9.4%.
7D Trading Volume by Blockchain
- Ethereum’s market share has inched lower to 83.3% from 85.5% over the week, contracting 2.2%.
Previous NFT Weekly Reports
- [NFT Weekly] MetaKongz Price Surge, Hype for Checks VV Edition
- [NFT Weekly] Doodles 2 Debuting on Flow, Porsche 911’s Dramatic Upturn, Mablex Membership NFT
- [NFT Weekly] MetaKongz Price Surge, Hype for Checks
Disclaimer
I confirm that I have read and understood the following: The information contained in this article is strictly the opinions of the author(s). This article was authored free from any form of coercion or undue influence. The content represents the author's own views and does not represent the official position or opinions of CrossAngle. This article is intended for informational purposes only and should not be construed as investment advice or solicitation. Unless otherwise specified, all users are solely responsible and liable for their own decisions about investments, investment strategies, or the use of products or services. Investment decisions should be made based on the user’s personal investment objectives, circumstances, and financial situation. Please consult a professional financial advisor for more information and guidance. Past returns or projections do not guarantee future results.
Xangle or its affiliated partners own all copyrights of the written or otherwise produced materials and content provided on the platform. Any illegal reproduction of such content, including, but not limited to, unauthorized editing, copying, reprinting, or redistribution will result in immediate legal actions without prior notice.
![[NFT Weekly] Buzz about Nakamigos, DeGods’ and y00ts’ Migration, and Blur Extending Double Points](https://resource.xangle.io/content/thumbnails/1125/content_1125_thumbnail_b1d75d5d.webp)
![[Weekly Xangle] CFTC Lawsuit Against Binance, zkEVM Mainnet Launches, XRP Price Surge and More](https://resource.xangle.io/content/thumbnails/1123/content_1123_thumbnail_77bc6447.webp)
![[Weekly Xangle] SEC Notice to Coinbase, Arrest of Do Kwon, Hindenburg Report on Block](https://resource.xangle.io/content/thumbnails/1115/content_1115_thumbnail_92bdb57a.webp)
![[NFT Weekly] Yuga Labs’ Otherside 2nd Trip, Gitcoin Presents’ Parabolic Surge, and More!](https://resource.xangle.io/content/thumbnails/1092/content_1092_thumbnail_dc75e86b.webp)