How Elon Musk made $APE increase by 20%…

May 06, 2022

WOOOW…. Ok, we have a BIG announcement and a lot of interesting topics to cover! This email’s estimated reading time is 2 minutes and 33 seconds.

Let's get started. Today we’re covering:

  • 🎊 Big Announcement

  • 🧐 How Elon Musk can affect the market…

  • 📈 ENS domains were able to surpass BAYC volume

  • 💎 Gunna flexes Ledger at Met Gala

  • 🥸 A Doodle Rumor Spikes the collection over 110%

  • 🌱 Introducing NewSeeds

First and foremost, we're going to start by announcing the official rebrand of the NFTallstars newsletter into Seedphrase. We envision Seedphrase to be the hub for all news NFT and strive to be your guide in this world, no matter what your knowledge level is, there is something for everyone.

Here’s our shiny new logo!

For the most part, the content will be the same if not better. Our objective is the same since day one. To bring you the most interesting topics and news to keep up with what's happening in this fast-paced space. While supplying you with information that we think will give you the most value in navigating through it.

How Elon Musk can affect the market…

We've all heard the crazy success stories that crypto has produced, people literally turning nothing into something. The NFT holder with the name Rashad, shared his story on Twitter of how he went from $0 and turned it into $17M in profits.

As we all know, the genius, billionaire, playboy, philanthropist, Elon Musk is one of the most influential people in technology and business. Last Wednesday, he changed his PFP to last year's Sotheby's auction of 101 Bored Ape NFTs. Causing Apecoin to surge 20% from a price of $14.20 to a high of $17.60.

He also tweeted, "I dunno…seems kinda fungible" making the NFT market slow down. Of course, some people found it funny. Others were enraged at the fact that he had an impact on the market, and on the other side, some thought it was good to bring awareness to his 90M+ followers. How do you feel about this?

Do you think Elon joined the BAYC community? Is it wrong that a single individual has this much control over a space worth billions potentially trillions soon?

Since then, the BAYC apes have been flying off the shelves and have passed $2B in all-time volume sales.

ENS domains were able to surpass BAYC volume

Last week we talked about ENS domains and how they could be a potentially huge opportunity. Again, NFA! Recently the daily volume of ENS domains surpassed BAYC volume on one of their successful days.

On April 21, the ENS spike began jumping from 2,721 to 21,188 sales within just a few days. The total sales volume has been at 9,200Ξ ($27.5M) in the past seven days, with the floor price of 3-digit ENS domains at 18.5Ξ.

The four-digit floor price is currently at 0.5Ξ ($1,500), and users who own those get an invite into the 10kclub discord community.

The 2nd highest ens domain 'ABC.eth' has just been sold for 90Ξ($270,000).

Will the demand for these domains keep growing? With more people and companies entering the blockchain, could it be the next .com?

Gunna flexes Ledger at Met Gala

The Met Gala is an annual fundraising gala held for the benefit of the Metropolitan Museum of Art's Costume Institute in New York Ci- blah blah blah. Basically, there are a lot of influential people from artists, politicians, and businessmen (even Elon Musk went this year) that go to these kinds of events to dress nice and network. There’s probably some people who would kill for an invitation.

So it's cool seeing someone like Gunna wearing a 20 carat diamond encrusted Ledger on his chain at the Met Gala, announcing his partnership with them to provide users with the most secure platform for their digital assets.

People definitely saw this. The question is, who? Do you think this will create new crypto whales? Did he help plant Seeds in the minds of other influential people to eventually get them educated? If you happen to know them, send them your referral code so they can get the best news :)

A Doodle Rumors Spikes the collection over 110%

The rumor was spreading of a potential Doodles airdrop and is causing noise in the NFT community!

Here’s the tweet

The volume was 194 Doodles NFT sales. That’s about 10x higher than the previous day's volume being only 20 sales. The floor price went from 15Ξ to about 25Ξ in two days! This might be worth watching. Do you think the rumor is true?

NOW… drum roll please 🥁👋🥁👋🥁

Introducing NewSeeds! (get it? News Seeds.. Haha. anyways) Here we will compile a series of short news segments and stories that are very small to digest!

Let's go;

Kraken announces their NFT Marketplace with zero transaction fees. Could this take over OpenSea in the future?

The Pope is dropping NFTs! We playing as priests in the Metaverse🙏

Coinbase NFT marketplace is officially live to the public! Maybe we'll start to see more transactions there. We'll keep you posted!

That’s all for today folks. If you've made it to the end you’re now caught up on what’s happening in the NFT world. So do you think Elon Musk is a good or bad thing for this space? Will ENS domains continue to skyrocket? Let us know what you think and if this email helped tell us for a chance to feature in our next one!

And with that, we’re out!

Yesterday Azuki revealed their newest Beanz collection!

Will this take BAYC's place?

Meme of the day: hey siri, play family ties by baby keem

Reply

or to participate.