🧠 NFT market update: We told you so and more plays.

GM Seedphrasers 👋 Another day to remind pumps don't last forever so don't Fomo!

Today’s agenda: 📓

• 📈 Readers made 148% from opening

• 👀 A Reddit Advisors FREE NFT project.

• 🔥 The newest NFT game, Sovereignty.gg heating up.

• ⚖️ NFT with massive supply is…Stable?

Hot NFTs News:

• Azuki celebrates 1-year anniversary today, market speculates on big news.

• Yuga Labs announces mint news for the Trial of Jimmy The Monkey,

• A trade that dropped jaws: A collector who sold their Fidenza for a Mega Mutant Hound Collar purchased at $106,257. (Keep an eye on this)

• The NFT Community helped OG punk holder @CryptoNovo reunite with his infamous green punk with the ‘go-fund-novo’ campaign.

📈 148% Gainz Your Welcome

Every Thursday we talk NFTs, the crappy ones and the ones that make money.Last Week Captainz, a project by 9Gag minted out after a year of marketing. And yes we called it before it was even public! (yes we're rubbing it in).Now the good news is this, the NFT market moves fast, and the attention is always on the next big thing which we're getting to shortly.

But If you're still holding, be prepared. 🙏

Because Captainz had a rough week in the market.

The floor opened at 7.3 ETH but quickly dropped to 5 ETH due to negative sentiment from the 9% royalty on the mint. And because it was unavailable on blur.io, it added a 2.5% fee to trade on Opensea.

This made it difficult for secondary buyers to profit, leading to undercutting and FUD in the market.

Despite this, some believe that the mint still has potential for a large run in the future, and some buyers have chosen to hold onto their NFTs. Now if you're not in, this may be an opportunity so monitor closely.

OpenSea Link

More Calls, More Profits. 🏦

Fuck the stars. This is your sign if you're not keeping up with us for Thursday NFTs.

We talked about Steady Stacks when the floor was around 2.8.

And two days ago, the floor hit a whopping 4.2 ATH, almost a 2x from when we called it.

People are starting to pay attention, influencers are shilling it, merchandise is selling out, and there's a lot of buzz around upcoming announcements.

👀 Bonus Alpha: They've got another collection coming soon. But beware, based on history, 2nd mint collections always hurt the main collections .

For now, the floor is thin, meaning there's insufficient supply for the demand.

And to top it off, they're teasing some staking options and have partnered with some BIG players in crypto.

📊 Stats

• 7D Volume: 93

• 1M Volume: 241

• All-time volume: 1839

• 7D floor increase: 2.54 to 4.2 ATH (50%+)

Now for some good'ol, Mishuman Alpha. All the upcoming projects YOU need to be keeping an eye on. After these messages.

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👀 A Reddit Advisors FREE NFT project.

Do you miss no utility, no roadmap free mints as much as us?

You're in luck. 🍀

Pencilcase is on the horizon, led by Greg Isenberg, a well-known Reddit advisor since 2021.

He's also the founder/CEO of Late Checkout, a product design agency/studio/venture fund that designs, creates and acquires community-based technology businesses.

His involvement in the project has already helped it gain a lot of attention, as he has a large following on Twitter of over 300k.

Marketing for the project began in October but has recently gained more traction as they announced their Allowlist is open for registration on their website.

Other notable names in the crypto space, such as Cantino, are also involved.

The project's social media engagement has been impressive, with one tweet receiving 15k likes and retweets in just one day.

🧠 Keep in mind: There's no utility or roadmap, so people will likely play the short-term pump.

Sign up on their website at https://pencilcase.co/ before the Allowlist registration ends on January 17th.

Don't miss out!

🔥 The newest NFT game, Sovereignty.gg heating up.

First shared by @0xWave on the 7th, giving the spotlight to his talented dev's friend project.

It's a free-to-play game that combines elements of a 4x game with a mobile idle game.

You'll need to register and connect your Twitter and discord to get in on the fun and earn some points. And if you share your referral link with your friends, you'll get even more points!

But, honestly, we don't know what the points are for yet, but it'll be worth it.

The project is by "721 Studios," a new company with either deep connections or a massive wallet for marketing.

It has similar vibes to Raid Party, with its dashboard, pre-mint points system, referral system, art, and it's a web3 game.

Plus, it's spreading like wildfire in different alpha groups.

Use our referral link 😉

⚖️ NFT with massive supply is…Stable?

Friend-Ship Bracelets went from 0.25 ETH to 0.7 ETH in just one month. 

The backstory

On November 3rd, they opened the floodgates and released an open edition mint for anyone who held an Art Blocks piece before October 26th.

And let me tell you, it was like Black Friday for art collectors.

Each wallet got two free friendship bracelets, so you can imagine the stampede it created.

Despite the supply, the collection has been acting like a stablecoin, with a steady uptrend and strong volume.

There's been a lot of volume for this collection, even more with the claim to mint closing on January 10th, which capped the supply at 38,863.

👂 Important note: Whale art collectors and smart money have heavily invested in this collection.

In the NFT world, many low-supply projects have been doing big pumps lately.

But this collection stands out for its extreme strength, despite having a supply of only 38k. Even though the claim ended and the collection fell from its ATH of 0.7, we're still seeing smart wallet buy-ins and pumps happen.

The idea for the digital generative art collection came from Erick Calderon (Snowfro), the founder of Art Blocks, who teamed up with Alexis Andre to "bring generative art and ephemeral physical objects together in the form of friendship bracelets."

What's next? 🔮

The project is in the market's hands now that the claim has ended.

But one thing's for sure.

Art is not something people go for a flip with unless you consider flipping a painting upside down to be an investment strategy.

So, if you're looking for a solid mid-long-term play,

Check out Friendship Bracelets.

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research