Crypto becoming a mainstream asset??

Happy Monday, this is Seedphrase Daily where we provide you with the best topics and news for you, so you can sound like an expert for 5 minutes. We hope you had some quality time with your mom this weekend and if you didn't… do it.  Because she deserves it.

Today’s read time is about 2 minutes and 43 seconds! 

We’ll be talking about:

• 😩 Did this person regret buying his Bored Ape? 

• 🧐 Crypto becoming a mainstream asset

• 📈 NFT flip of the week! 

• 🌱 SeedPhrase Sit Down 

• 🍃 NewSeeds

Did this person regret buying his Bored Ape? 

Recently this headline has been blowing up: 

Provoking a lot of fear into people, but is it really true? No. It turns out the maker of the article loves spreading false information on the internet 😒 and admitted that it was fake news via Twitter.

He has a twisted sense of humor, but we found it kind of funny. So if you were one of the people that believed in it, we'll tell you why it probably wasn't a regret for him. 

• It has a strong community behind them, which includes celebrities such as Eminem, Neymar, and Snoop Dogg, to name a few.

• Slowly adding real-world utility with Bored Ape #6184 opening 'Bored & Hungry' restaurant in Long Beach, California. 

• YugaLabs airdrop provided BAYC owners with 10,000 $APE coins ($150,000), around half the value of a Bored Ape. 

• YugaLabs dropped the Otherside metaverse, which spiked the Bored Apes to an ATH floor price of 160Ξ.

Full link here

From this, we can see how easy it is to sway other people's minds and how a lot of opinions that are formed aren't really based on good information. So. Do you think BAYC is here to stay and get adopted by the masses? 

Full article here

Crypto becoming a mainstream asset

With the rise of inflation & the U.S dollar reaching levels of 104, which haven't been seen since 2017! Crypto has taken an unexpected route investors didn't expect. After all, crypto is against the USD (U.S $), meaning they have opposite effects. (Short meaning: Crypto is set to boom when the U.S dollar is weak; however, right now, it's approaching all-time highs, which is why crypto is suffering in the short term)

The graph represents the correlation between stocks and crypto. Both have risen to unpredicted levels. As nations begin to adopt crypto as legal tenders, it will establish itself as an indicator of macroeconomic trends. Next email we will explain how different market cycles in crypto can affect the NFT market and how they all correlate. 

What do you think the future would look like if the whole world used the blockchain like the internet?

NFT flip of the week! 

Last year Chromie Squiggles #133 was purchased for 1.29Ξ and today for 229Ξ ($515,000). From this sale alone, it managed to bring the floor price up to 20Ξ and spike trading volume. That's almost a 200x on his investment, pretty good money for selling a jpeg.

Seeing these numbers, you must be asking yourself how you do this. 

Aaaaand that's what we’re here for 😉

Keeping up to date with news is a big help. Do your due diligence by researching what you're investing in and utilizing tools like rarity.tools to find the NFTs with the most valuable traits. But sometimes, the old reliable Diamond Hand and forget works perfectly. 

SeedPhrase Sit Down 

This is a new segment we're introducing where we sit down and try to give you guys some tips on navigating through this space. This is NOT financial advice. Life advice maybe, take it how you want it. 

Today's topic is expectations. Expectations are a powerful source of utility as everyone loves looking forward to things. But when you're investing in projects, you're investing directly in the founding team because they will have the ability to decide where they want to take the project. This doesn't just apply to NFTs; real life too. Make sure your expectations match reality, and you're not living in a fantasy world full of them. Do your research and if you find something that contradicts your initial plan, research and adjust accordingly. We don't want to see you guys losing money when you can easily avoid it by reading a few lines and thinking it over.

Defining Valuable NFTs 

As we were saying earlier, using tools such as  rarity.tools and nftgo.io is a crucial step to leveling up your  game but let’s define what that really is. 

The rarer an NFT is, the greater is the value and the price. All the NFTs are rare and unique but as this digital landscape is expanding, it is becoming clear that some are rarer than others.  For example, all the 10,000 unique characters in the CryptoPunks will have different traits or attributes but some of these attributes are rarer compared to others within the same collection which makes them more valuable and they end up selling for more.

Instagram will soon integrate Ethereum, Solana, Polygon NFTs. This could be huge!! 📈

Doodles Project names billboard executive as new CEO. New boss in the building 😎

Google to build a team for blockchain services. They are preparing for the future 😈

Spotify is set to build an island in the Roblox Metaverse. Roblox is on the come up 🥶

That's all for today, folks! Here’s a question to ponder over until Wednesday; How do you think the big governments will adopt crypto? Because it doesn't seem to be going anywhere anytime soon, with more and more companies forming teams, devoting resources to researching blockchain to countries implementing new laws every month, the world is in a transitional phase. 

Let us know what you thought about this email! And make sure to check out our Twitter and Instagram for daily updates.

Google to build a team for blockchain services. They are preparing for the future 😈

Meme of the day: