POKKET: Crypto Market Update (Aug 29)
Bitcoin is pretty much flat at $48.8k, ETH is -1.1% to $3245. Movers are AUDIO +14%, CHR +12%, LRC +11%, BRD +9%, nothing stands out on the downside.
Slower news cycle outside of NFTs over the weekend. EtherRock’s NFT code has a bug which allows anyone to mint more for free.
CryptoPunks have hit $1B in total sales, as entry into the exclusive club of hodling one of 10k examples goes higher by the day.
The NBA star Stephen Curry has dipped his toes into NFTs by purchasing a BAYC NFT for $180k, another collection with only 10k examples in existence.
OpenSea weekly NFT sales surpass $1B for the first time, up +170% WoW.
@PeterMcCormack put out a tweet saying “I genuinely don’t understand NFTs of rocks and penguins being bought for hundreds of thousands of dollars”, sparking a thread with 800 replies and +2500 likes.
MIR4, a blockchain based multiplayer online role-playing game, has been gaining interest as it injects a utility crypto in-game called DRACO which can be earned as users play, effectively paying you as you play a game — it will be released in 170 countries and in 12 languages.
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