Will #GameFi drive the next bull run?
Get ready to uncover the latest trends and standout projects in the entire ecosystem with our curated #Web3 gaming landscape. See what's new & what's next in the world of gaming ๐ฏ
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MOST COMPREHENSIVE CRYPTO & AI LANDSCAPE!
We're diving into the world where #Crypto meets #AI.
Discover 30+ pioneers shaping the future of tech in this thread. From decentralized intelligence to AI-powered art, the revolution is HERE ๐
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๐จ Dive into the evolving landscape of the #NFT ecosystem as we step into 2024. Discover the pivotal trends, market dynamics, and innovative projects shaping the NFT space with this comprehensive review by @0xrealelsa.
#LearnWithBybit
https://t.co/iJLX3JTm8N
Already gave you this alpha call ten days ago - ATH now.
Feels like @base season is the next boom.
Why?
-ETH maxi - for the ones don't use $SOL
-Few gas fee - almost $0.03
-Good community vibes - dev works hard/utility
Ticker?
@XCOPYART for NFT
$Degen for socialfi @degentokenbase
$Esab & $Doginme for meme @doginme
NFA.
@XCOPYART for NFT
$Degen for socialfi @degentokenbase
$Esab & $Doginme for meme @doginme
Feels like the next boom is @base season
-ETH maxi
-Few gas fee
-Good vibes
@Slerfsol dev: sorry i fucked up and burned 10 mil$ include the presale
Imagine there's a new meme project will refund or airdrop all the $SLERF presaler?
Probably nothing.
That's how crypto goes.
Gaming NFTs are heating up! ๐ฅ
Check out these 3 collections
1๏ธโฃ @GetBlockGames Dice: Soared from 0.32 to 0.78 ETH in the last month. Holders get 10x social points multiplier, presale allocation & 100% $BLOCK TGE unlock.
2๏ธโฃ @CitizenConflict Citizen Zero: Soft staking $QORPO rewards based on participation. Higher ranks = bigger airdrops. Floor 0.17 ETH.
3๏ธโฃ @play_ember: Emby NFT grants access to the PlayEmber ecosystem. Charismatic flame character. Floor 0.24 ETH.
Which one has your attention?
The floor of Azuki and blue chip collections kept falling down in this week due to the blend liquidation as I mentioned below.
But here's a good sign - some collections such as @BoredApeYC & @pudgypenguins see a positive price rise in the last 24 hours.
Many frens discussed the sudden drop of MAYC & other ETH collections today. After analyzing 10k transactions, I found most sales are related to @blur_io's Blend.
The floor price drop triggered liquidation of Blend loans, and lenders receive the NFTs when borrowers can't pay the debt.
Many lenders aren't community members - they aim to earn APY on Blend. To regain liquidity, they resell NFTs below floor price.
The cycle: Floor drops -> More NFTs liquidated -> Lenders list NFTs for liquidity -> Floor drops further
Data shows top 3 Blend loans are Azuki, DeGods & MAYC. If prices keep falling, it could lead to a catastrophic cycle for these collections.