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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

The Nightly Mint: Daily NFT Recap 2022-04-19

Taylor Scott
Taylor Scott
Last Updated: April 19, 2022 4:40 am
2 mins read

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Created by industry experts and meticulously reviewed
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Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Moonbirds went from mint to moon. The project has been the talk of the town since we left you last week, skyrocketing to a 20 ETH floor and serving out over $200M worth of sales volume.

Let’s break down that story and more in our bite-sized weekday report, The Nightly Mint.

The Nightly Mint

Latest Mint: Moonbirds

Moonbirds have certainly lived up to their name over the past 72 hours or so. The project had a mint price of 2.5ETH with 10,000 minted, and has since had the NFT community murmuring about Kevin Rose, the project’s creator.

The volume of sales over the weekend and into Monday led the project to be top of the 30-day chart on OpenSea, flying past NFT staples and leading Twitter into a frenzy of how fast an NFT project can be categorized as ‘blue chip.’ We’ll leave that to the ‘debatooorrrs.’

Related Reading | Ethereum Transaction Fees Near Six-Month Low Amid Declining Prices

Microsoft (MSFT) is in the process of acquiring Activision Blizzard, but the process has become muddy and riddled with criticisms. Activision Blizzard President Ybarra shut down rumors over the weekend that the company was potentially exploring NFTs. | Source: NASDAQ: MSFT on TradingView.com

Activision Blizzard Shuts Down NFT Rumors

NFTs continue to be a hot topic in gaming, with casual and professional opinions that truly run the gambit throughout the industry. In a tweet over the weekend, Blizzard President Mike Ybarra responded to a story that the company was “polling interest in NFTs and ‘play to earn’ games,” stating directly: “No one is doing NFTs.”

Various gaming executives have taken a stance on the matter, with few AAA-title companies taking a deep dive into NFTs quite yet.

The ‘Minty Fresh’ Take

Owls walked so that Moonbirds could… fly?

actual owls are irate right now about @moonbirds_xyz and are demanding a cut of secondary royalties pic.twitter.com/dFNHb8up69

— Polymarket (@Polymarket) April 18, 2022

Related Reading | LUNA Moves On Its Own Beat, Bulls Aims For New ATH

Featured image from Pexels, Charts from TradingView.com
The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.
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Taylor Scott
Taylor Scott

Taylor Scott

Taylor specializes in crypto activity across sports and entertainment. With nearly a decade of engagement with cryptocurrency, Taylor has spent several years working in talent representation with musicians, comedians, and speakers, and achieved a Sports Business MBA in 2020.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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