Today’s top NFT updates, as of February 19, 2024, include the remarkable performance of the Azuki collection in terms of sales volume within the last 24 hours. Additionally, Arcade has revealed plans for an airdrop, while Yuga Labs has made headlines by acquiring Proof.
NFT Market Data
In the last 24 hours, the non-fungible token (NFT) sales volume has surged by 23%, reaching an impressive $46,077,452.
According to data from CryptoSlam, there’s been a slight decrease of 2.4% in the number of buyers, accompanied by a corresponding increase of 2.4% in the number of sellers. However, the overall number of transactions has remained consistent.
Pandora continues to dominate the NFT landscape, maintaining its position at the top with a sales volume of $5.4 million, thus retaining its leading position in NFT news.
Among the top ten collections, only one has experienced a slight decrease of less than 1%. DMarket has seen a minor decline of 0.33% to $997,040.
Notably, NodeMonkes and Mutant Ape Yacht Club stand out as the best performers within this group. NodeMonkes has witnessed a remarkable surge of 197% in sales volume, amounting to $922,424, while Mutant Ape Yacht Club has seen an impressive increase of 194%, reaching $1.2 million in sales volume.
Azuki Among Top Gainers Today
The Azuki collection has emerged as one of the top performers in terms of sales volume over the past 24 hours.
According to CryptoSlam, its sales volume has skyrocketed by 196% to $230,650, currently securing its position at #38 in rankings.
Moreover, both the number of buyers and sellers have surged by 100% and 120%, respectively, during the same period, with the number of transactions witnessing a notable increase of 140%.
However, over the past 30 days, the sales volume has experienced a significant decline of 64%, dropping to $5 million. The collection’s all-time sales volume stands at an impressive $1.097 billion.
Despite its remarkable performance, there has been a substantial decrease in sales volume since its peak in May 2022.
As per the OpeanSea marketplace, the collection’s floor price is currently set at 6.377 ETH.
Meanwhile, Azuki continues its journey, with Shanghai set to welcome it this Thursday. Described as a community-run event hosted by the Azuki CN Garden community, it is powered by the Garden Tour Passport, where purchasing a ticket grants participants a stamp in their Passport.
Additionally, the Japan leg of the tour is slated for April 15.
Moreover, Azuki founder Zagabond has announced the launch of the Azuki Winter Trial. This event is now live, offering holders the opportunity to engage in PVP mini-games for a chance to secure on-chain prizes.
Arcade Announces Multi-Chain Airdrop
Arcade, an Ethereum-based decentralized finance (DeFi) protocol with a focus on non-fungible tokens (NFTs), has unveiled its latest initiative: an ARCD token airdrop.
Scheduled for February 21, the airdrop aims to distribute 750 ARCD tokens among 4,000 holders of NFTs and Bitcoin Ordinals.
Dubbed Clash of Claims, this airdrop introduces a player-versus-player (PVP) format where holders of selected collections vie for a chance to snag 3% of the total ARCD supply.
The event will persist until the entire allocation of 3 million ARCD tokens has been dispersed to the community.
The snapshot for eligibility is set for February 19, with the whitelist publication slated for February 20. Following this, the ARCD Claim Raffle Whitelist and ARCD Public Claim will take place on February 21.
Phase 1 of the whitelist will encompass 2,000 wallets holding specific NFTs such as Pudgy Penguin, Lil Pudgy, or Sappy Seal, along with 2,000 wallets successfully linked to Solana or Bitcoin wallets containing Mad Lads, Tensorians, BTC Puppets, NodeMonkes, or RSIC.
Participants in both categories will be chosen randomly at the snapshot time.
Phase 2, in contrast, lacks a secured whitelist and will encompass all wallets and holders who meet the criteria outlined in Phase 1 but have not yet claimed their tokens.
Yuga Labs Acquires Proof
In recent NFT developments, Yuga Labs, renowned for creations like the Bored Ape Yacht Club, Otherside, TwelveFold, and owners of Meebits, CryptoPunks, and 10KTF, has made a significant acquisition by taking over PROOF. This encompasses the PROOF Collective, Moonbirds, Oddities, Mythics, and Grails exhibition series.
As outlined in the blog post, the acquisition entails PROOF’s team, intellectual property, and artistic portfolio.
Yuga Labs plans to integrate Moonbirds into Otherside, a hub where content creators, communities, and brands converge to engage in the social dynamics of web3.
According to the press release, Kevin Rose, PROOF’s CEO and Founder, will undergo a transitional phase before assuming an advisory role within the company.
Josh Ong, Jesse Bryan, and Amanda Gadbow will lead the integration process of the Moonbirds collection and other pivotal components into the Yuga ecosystem.
Daniel Alegre, CEO of Yuga Labs, expressed optimism about Moonbirds, citing its considerable potential and shared brand elements with Otherside.
PROOF’s Rose emphasized the significance of the collaboration, highlighting Yuga’s dedication to digital fine art and the synergistic effect that their combined resources will have in driving innovation and expanding their audience reach.
