Diario

Co-Founder @nftpricefloor | NFT taxonomist

Passionate about Digital Art & Product Design. Sometimes I write 🖊️

[Diario @cryptodiario]

"Only as a sovereign jurisdiction and global economic power will Ethereum achieve its full potential as the ultimate coordination technology"

Shout out to @Foobazzler (imho one of the best writers of the space) for helping me with this article.

TL:DR 👇

https://t.co/ct6zfR5ReX

[Jean-Michel Pailhon 🧢 @jmpailhon]

NFT market did something strange in May:
Trading activity hit a 2-year high (~235K weekly trades); Prices barely moved.

📈What rose? The art-historical names: @cryptopunks, @autoglyphs (+55%!), @beeple, @SamSpratt .

📉What fell? The hype-driven PFP field.

"Activity is loud. Canonisation is quiet." - JM Pailhon (CIO @grailcap)

Read more: https://t.co/kuZLxZXIan

[davie satoshi @NFTdavie]

NFT Chart: Bored Ape Yacht Club

Without Parsec, I’m going to try charting @BoredApeYC using @nftpricefloor.

From this view, it looks like Major Wave 2 (II) may have completed in late December, with Primary Wave 2 (circle2) finishing in April. If that count is correct, then BAYC may now be in the early to middle stages of Wave 3 (circle3).

You can already see the beginning of a more parabolic structure forming on the chart. There are still multiple paths this can take, but the impulsive pattern here is a strong sign that momentum may still be pointing higher.

Long-term, this is starting to look much healthier.
🍌

[NFT Price Floor @nftpricefloor]

Great to see Forecast by @ManuelLarino receiving some ❤️ today after the succesful launch of Gift of Time

Forecast lesds Art Blocks 24h gainers with 6 sales and floor up 140%

[AspenShredder.eth @aspenshredder]

All in the last 90 days

[Cirrus @CirrusNFT]

Bored Apes now up 150% in 30 days

This is the first time they've outperformed every coin in the top 100 over a 30 day period since 2022

[AspenShredder.eth @aspenshredder]

On @nftpricefloor this is the 24 hour price change on all chains for NFTs.

What do you notice?

[Justin Trimble @justintrimble]

Huge thank you to everyone who has & plans to collect @braindrops_art pieces.

It'll be the 5th year anniversary this year and I'm super proud of the spotlight we've shined on AI as a tool for art.

Spotlighting continued innovation is always top of mind. https://t.co/Ntsj5rnOKa

[Sergito ❚ ❚ @sergitosergito]

What a week for Meebits.

Exciting to see the collection rank as the 4th best performer among the Top 20 NFT projects by market cap over the last 7 days, according to @nftpricefloor.

1. Azuki +70%
2. Kodas +62%
3. MAYC +47%
4. Meebs + 37%
5. Apes +34%

Full list:

[Diario @cryptodiario]

@elonmusk In a post-scarcity world, attention becomes a core economic resource alongside opportunity cost.

That's why X and other digital networks that enable agentic economies powered by crypto will be super valuable

[Diario @cryptodiario]

@elonmusk Also, value will no longer be fixed but relative to all available alternatives, priced in real-time by global markets. Econ. decisions shift from “can I afford this?” to “is this the best use of my capital, time & attention?”

[Diario @cryptodiario]

The global economy is transitioning from a world governed by scarcity to one shaped by abundance

The convergence of AI, industrial/consumer robotics, improvements in energy production (SMRs) and crypto may unsettle classical assumptions about scarcity, utility & value creation

[Diario @cryptodiario]

Time will prove it was a mistake to think of Fees/REV as actual cash flows. That framing doesn’t make sense for L1s aiming to become digital economies, and it distorts the historical/technical reality of what fees are. Fees are a free-market mechanism to regulate access...

1/7

[Diario @cryptodiario]

@scupytrooples @banteg Congrats!

[Diario @cryptodiario]

@justintrimble @vangoyaa 🫡

[Justin Trimble @justintrimble]

There is some very affordable and legendary NFT Art available out there right now that's pretty much bottomed out.

One could actually put together a legendary collection without spending a fortune.

Won't be like that forever.

[Diario @cryptodiario]

@justintrimble @vangoyaa Emi Kusano, Claire Silver, Jonas Lund

And as you mentioned already, early AI!

Many cool things by Gene Kogan or Obvious both on Braindrops and Fellowship

Even Refik has pieces at fire sales!

[Diario @cryptodiario]

@justintrimble @vangoyaa 💯

Phototaxis by Reas is connected to his early works and ridiculously cheap

Many options of Art Blocks provenance (SP500 of digital art) + artists with already some insitutional recognition: Aranda/Lasch, A.A Murakami, LoVid, Trevor Paglen

Zero10 ArtBasel rising stars...

[MrMerge @mr_merge]

We have been here before with @cryptopunks...

I remember the previous time we have found ourselves around $50k-$60k... and saying I will buy another if we get to X price.

That price has never materialized.

Never been a better time to buy one of the most significant pieces of blockchain/NFT history imho.

[Diario @cryptodiario]

@george_cunliffe @verse_works @robertalice_21 Thank you ser

[Diario @cryptodiario]

@andyyy LDO will implement buybacks on Q2. Shouldn't be on the investable category?

[Diario @cryptodiario]

@george_cunliffe @verse_works @robertalice_21 Thanks 🫡