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Inside NFTs – Lazy Edition –  NFT Market Review LIVE

Inside NFTs – Lazy Edition – NFT Market Review LIVE

foreign kick it off with I guess like the normal show the forecast 500 measuring the value of the nft market as a whole this is cross chain down point two five percent and then dialing in deeper going to the individual blockchains area I'm down point four three percent Solana down point five seven I don't know polygon looking a little sus here I don't know if I buy that up 4.61 what happens sometimes with these indexes is very very low volume can cause them it can get a little out of whack I'll just say that so maybe a little tweak we need to make here like a big sale can really throw it off [Music] and here's cardano up 0.02 something is interesting on cardano I don't know exactly what but they've been bucking the trend really for months here and as well ethereum has been pretty consistently down it I'd say for two three months here cardano if you go back a few months see if I can find the exact date dial it in but look even going back 60 days cardano's only down 1.78 I go to ethereum it's gonna look very different 21 percent so yeah cardano nfts are definitely worth your time and attention if you're looking to trade here there's definitely profits over there there's not on ethereum and I'll show you how little profits are on ethereum let's dive into the global sales yesterday just over eight mil which is actually a very very worrisome number like pretty darn shocked to see that you know like shocked and not surprised at the same time it's just so low we used to see ethereum all on its own do 20 50 million to see global sales now at eight mil is actually crazy okay so I'm gonna put this in some context here that 8 million in sales but I'll actually hang on here sellers down to 48 000 buyers down to forty five thousand getting pretty low here transactions fell off by almost a hundred thousand in a single day here look I'm talking about profits here yesterday in the negative tell us from the losing end of the trades back in 4.6 million dollars that's an incredible number that's a number that looks more like harvesting last year and the year before and the lost harvesting is just getting started here that's going to ramp up as we get closer to the end of the year okay so that single day of sales puts us more in the range of February January February 2021 eight mil here I went all through this I went day by day for the last two and a half years we're January February levels and just now getting into the period of of slowness the second half of the year is incredibly slow for nfts so we're now at those levels I don't know if we can get to early January levels take a look at this though early January is more like one two million a day that's Global in fact even at the beginning of January 21 we didn't even cross a mill I don't know if we'll get there but at this point seeing eight mil in a single day now maybe maybe we can get that low just absolutely shocked to see those numbers okay rewind a bit I want to show weekly two and actually tomorrow actually maybe tonight I'm gonna end up doing a full week review on the data right on the cryptoslam channel so if that's interesting at all I'm not going to cover news just the data then follow cryptoslam on x do that deep dive there okay weekly numbers right now 68 mil the data period Ends Tonight in 11 hours so in 11 hours we'll wrap this week we'll cross 70 mil for the week but barely we'll get to 75 mil or so okay now where does that put us that puts us to June 2021 levels right we're not going to hit this 88 mil you've already got this beat so it puts us right in this range May June 2021 again shocking to see but also not surprised at the same time it's it's those January numbers I just don't know if we fall quite that low write 50 mil in the week 35 mil I don't know but again if we see it I don't think I'll be surprised dude glad you like this setup been really playing around with this it's it's uh dude a little bit of work that goes into it you stream so you know last Point here last point on the daily and it's about profits okay that negative 4.6 mil where does that come from especially with volume being so low where are those losses piling up from we have individual sales like this that sold yesterday sold for 53 Grand right 32 East but the last sale was almost half a mil two years ago right so if we're in the negative four and a half mil or so doesn't take many of these kind of sales to really add up and really push that metric in that less favorable Direction and there's a few of those right here's another board ape that sold last time 175 Grand sold for 45 Grand here so losing over a hundred thousand dollars hundred thirty thousand or so and you know everybody's favorite boggles right historic boggles I don't know what those are but again big loss those add up and something's going on in the board collection too I I I was looking through some of the top sales and there's just a big volume of them selling it like 10 20 000 losses so again just just in bulk those do add up too bringing us somewhere in that four four and a half million range that number is going to change though over the next day here our wash trade algorithm is going to go and and it analyzes all of the trades hang on I'm gonna try changing the screen boom okay it's Gonna Change it's gonna it's gonna go and analyze all of the trades from the past 24 hours if it sees those nfts sold again or I guess I can't reveal the secret sauce but we have a secret sauce if it's flagged as a wash trade those numbers will go back and be updated so the watch trade number might be higher might be lower I guess we'll find out tonight tomorrow okay top 10 collections today d-market board Apes mutant Apes God's Unchained art blocks the rare DraftKings play nft D gods and Oni only one for I never know if I say that right but yeah only one force um anything stand out here to me no just love seeing D Market gods and chains to rare DraftKings I call them the four those four collections are different from the rest huge supply high volume low prices that's a taste of the future of nfts that's that is what nfts will look like in the next Bull Run actually between them because they are bear Market resistant because they're so affordable and because they have utility like DraftKings right play Fantasy Football backed by nfts it's gonna work in a bear Market constantly in the top ten and they've regularly pushed polygon up to the number two ranked blockchain they fell to four now but they've been at 2-3 God I'd love to see somebody flip ethereum and in this bear Market we have that chance five mil in a day is not a lot all of these blockchains shouldn't say all of them but let me just I'll just say it anyways all those blockchains have done five million a day in a bull market especially Bitcoin especially immutable X behind God's Unchained nfts polygon yes Solana yes all of them they can flip ethereum I don't think we've ever seen that too I want to see it that'd be I don't know that'd be cool uh nothing else here it's really standing out right just your your typical day of trading yeah although this kind of jumps out I'm not gonna go deep into this but a d-market skin those are the Counter-Strike GO and and Team Fortress 2 and Dota 2 and ruskins people don't realize they think the uh the d-market nfts are just NFL Rivals they're not well they are that but the most the biggest sales are coming from D Market in those gaming skins so pretty cool uh all right typically I get into the news there is so little news I covered most of it yesterday so I know my boy moisty is here watching along I like to collect art he knows this it's probably my favorite thing to talk about in the space so so of course leading It Off with some art news check this out an artist named rafik he's the artist behind Winds of yawanawa it's a new collection everybody's going bonkers over uh price of that collection too up to five six eth it's one of those ones okay you guys know those art collections where they become historic right they become these 10 20 30 each pieces that's what winds of yakanawa yawana that's what that's going to turn into I'm sure of it I'm sure of it because of the collectors that it has because of the I guess the reputation the artist is building up people singing this guy's Praises yesterday okay well his artwork this is not an nft but it's being featured on the Las Vegas sphere huge for nfts because it excites artists artists now look at this they want to be on the sphere they look into Rafiq and they learn that he is an nft artist right that this guy's making a living now selling his art on the blockchain right so it doesn't have an nft Market impact right now but this is breeding for us a new generation of creative people that are going to come to the blockchain who are going to sell their art on the blockchain pretty damn cool for the scene here so there it is right in this right in the heart of Vegas really really cool to see and final piece of news here you guys know Trevor Jones he's the artist behind what is it the Bitcoin angel so yeah I don't know I think this is cool and I think it's silly at the same time right but Trevor Jones throws a party at a castle every year and it's just to celebrate his collectors celebrate the Arts for everything we do online he wanted to bring something more IRL I can appreciate that moisty art buddy um ebos goes to this at least he did last year or the year before I don't know if he's making this a yearly thing but it's a it's a beautiful castle in Scotland I don't know what it cost to get there I can't imagine it's cheap actually let's dive in let's see if we can find it out no must be closed I don't know I don't know what the cost is to get there I don't know if you just need to own his nft but pretty damn cool happening that's happening I guess this weekend [ __ ] I'd like to go to that sometime cool all right that is the show okay that's the goal here and in fact we did this in 13 minutes my goal is to make these five minute shows when I can edit the videos they're five minutes long right we hit the market we hit the news give you really an opportunity to not have to stay plugged into nfts all day long otherwise right you're scouring websites and discords and Twitter or you're listening to an hour-long Twitter spaces to get your daily updates you don't need to do that now check out my five minute videos every day on this channel but also on Twitter on Twitter follow me at nftldr get your daily updates it's that simple all right guys I'll be back later tonight I think with the weekly update again on the crypto slam Channel if not then though because I might put a little more work into editing that but if not then definitely back tomorrow morning regular method pre-recorded video edited short tight it's gonna be good anyway until the next time see ya [Music]

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