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