Welcome to the weekly summary of hot NFT ecosystem events produced by NFT infrastructure NFTScan.
Period: 2024.10.21~2024.10.27
NFT Hot News
01/ Magic Eden will add support for ApeChain
On October 21, the NFT marketplace Magic Eden tweeted that it will add support for ApeChain as a Launchpad and marketplace built on ApeChain.
02/ Japanese trendy toy brand MEDICOM TOY will release IP co-branded limited edition trendy toys on Mint Chain
According to official news on October 21, Japanese trendy toy brand company MEDICOM TOY will issue the on-chain RWA NFT corresponding to its new trendy toy products on Mint Blockchain on October 25, and will be listed on the RareShop platform. This sale event is the global limited launch of MEDICOM TOY's new IP joint model: MEDICOM TOY x Taiwan National Palace Museum-Qingming Shanghe Tu BE@RBRICK 1000% version, 30 of which will be sold on the RareShop platform at a price of $988; the official whitelist mechanism is used for sale on a first-come, first-served basis. Read the original link to apply to join the whitelist.
03/ Solana Chain Wukong launches airdrop, covering Solana mobile phones, well-known Meme coins and NFTs
On October 21, according to official news, Solana chain Wukong launched an airdrop, targeting Solana mobile phones 1 and 2, active Raydium users, Solana's well-known Memecoin and NFT Collection. Wukong is a project covering NFT and Memecoin. Wukong NFT will be mined at 20:00 on October 23, Singapore time, with a total of 10K MINT. NFT holders can get a large number of Wukong tokens airdropped and participate in Wukong token mining.
04/ The first global NFT developer summit NFTCON 2024 was held on the eve of Devcon in Thailand
On October 22, the first global NFT developer summit NFTCON 2024, jointly initiated by PANews and NFTScan, will be held on November 11 on the eve of Devcon in Bangkok, Thailand. It has received support from many institutions including BNB Chain, UniSat, Mint Blockchain, Coin98, RareShop, imToken, GoPlus, Dagora, Ready Player Club, etc.
As a highly scalable encrypted asset, NFT has shown great market prospects in consumer applications. This new type of asset can not only provide proof of ownership of digital assets to provide consumers with strong ownership protection, but also bring consumers more diversified and personalized choices and experiences. This event will explore the current status and future development opportunities of NFT from the perspective of its wide application in MEME, social, cultural, commercial and social charity.
05/ DMM Crypto, the blockchain game and NFT division of DMM, has completed a new round of financing, led by Neoclassic Capital
On October 22, according to official news, Solana chain's memecoin project Wukong has officially launched Telegram mini-games. Players can win NFT whitelists by inviting 5 friends, while increasing computing power, and start mining after NFT Mint is completed. Wukong NFT whitelists enjoy the highest NFT discount and come with 1,500 Wukong tokens. The Telegram mini-game channel will release up to 1,500 whitelists on a first-come, first-served basis.
06/ Solana chain Wukong will open NFT Mint at 8 o'clock tonight. Holders of NFT will receive more than 150,000 tokens and start mining
On October 23, according to official news, Solana chain Wukong will start NFT Mint at 20:00, with a total of 10,000 NFTs, a whitelist price of 0.1972 SOL, and a public price of 0.281 SOL. Each mint of a Wukong NFT will receive an airdrop reward of 100,000 Wukong tokens, and can participate in the Wukong token mining activity. The earlier you participate in mining, the more tokens you can mine, and a total of 500 million Wukong tokens can be mined.
07/ Satflow launches DEX for professional traders focusing on Ordinals and Runes ecosystem
On October 23, according to CoinDesk, the Bitcoin infrastructure project Satflow launched a DEX for professional traders focusing on the Ordinals and Runes ecosystem, positioning it as a low-cost alternative to the NFT market Magic Eden, with fees initially set at 0%. The goal of the new DEX is to eliminate memory pool sniping, where users take advantage of the time difference between transactions waiting to be added to Bitcoin blocks.
08/ Magic Eden CEO: Test token TestME will be launched on October 29
On October 25, Jack Lu, CEO and co-founder of NFT market Magic Eden, tweeted that the test token TestME will be launched on October 29, and users will be able to claim it from October 29 to October 31. In addition, he said that the purpose of TestME is purely to test the mobile claiming experience and obtain user feedback, and the token itself will not have any value or utility.
09/ In the past 7 days, the transaction volume of NFT on Solana chain increased by 24.77% month-on-month
On October 27, according to data, the NFT transaction volume on the Ethereum chain in the past 7 days was US$31,334,485, a decrease of 1.45% month-on-month; the transaction volume of the Solana network reached US$19,707,821, an increase of 24.77% month-on-month; the Bitcoin network (US$13,456,461) fell 37.14% month-on-month.
NFT on-chain data
01\ NFT multi-chain data overview
As of October 28, 2024, NFTScan currently supports 25 mainstream blockchain networks including Bitcoin, Ethereum, BNBChain, Polygon, Solana, Mint, Avalanche, Arbitrum, Optimism, zkSync, Sei, Starknet, Aptos, Mantle, Linea, Base, TON, Blast, Gravity, Scroll, Viction, Fantom, Moonbeam, PlatON, and Cronos, generating a total of:
Number of NFT contracts: 4,971,554
Number of NFT assets: 2,225,855,089
Number of NFT on-chain records: 7,369,246,834
Total NFT asset market value: $18,653,333,287
NFT historical total transaction volume: $106,869,682,177
02\NFT Trading Market Trends
This week: OpenSea dominated the market, with the overall transaction volume reaching its highest on October 21. At 0:00, the Blur market reached a maximum of $3.409 million. NFTScan recorded 233 trading markets with a total transaction volume of $64.1m in 7 days. This week, OpenSea ranked first in transaction volume, and the market transaction volume distribution was relatively stable. The top six trading markets and their distribution ratios are as follows:
OpenSea: $19,073,254 (29.75%)
Blur: $16,405,735 (25.58%)
MagicEden: $10,917,134 (17.01%)
Element: $5,203,291 (8.12%)
Tensor: $3,070,677 (4.79%)
CoralCube: $2,255,061 (3.52%)
03\Top NFT Blue Chip Trends
The current total market value of the 19 blue-chip contracts is 669,184 ETH, accounting for 23.58% of the total NFT market value.
This week: The total transaction volume of blue-chip NFTs was 4.45k ETH, and the total market transaction volume was 11.32k ETH. As of 00:00 on October 21, the transaction volume reached a maximum of about 1224 ETH.
04\TOP 10 Wallets
NFTScan analyzed the top 1,000 NFT holding value wallet addresses, and the current top 10 holding value are shown in the figure below:
Top1 Wallet:
0xab14624691d0d1b62f9797368104ef1f8c20df83
This wallet address holds 4,815 NFTs (including 3 NFT Collections), currently holds 64,785 ETH ($161,363,893.82), and has 7,459 interactions.
05\NFT Project Ranking List
The top 10 NFT projects with the highest transaction volume on the Ethereum network are shown in the figure below:
This week, BoredApeYachtClub ranked first, with the floor price stable at around 12e last week and a 7d transaction volume of 1046e; PudgyPenguins ranked second with a transaction volume of 856e, and the current floor price is 9.35e; Milady ranked third with a transaction volume of 728e, and the current floor price is 4.7e; the overall market transaction volume and floor price of most blue-chip NFTs showed a downward trend.
06\Popular NFT Express
This week’s popular NFTs are the Pudgy Penguins series:
Data shows that the current floor price is stable at 9.35 ETH, the 7d transaction volume is 856e and the 24-hour increase is 74.87%. The highest transaction price is 420 ETH. The total transaction volume on Ethereum has exceeded 417.9k ETH. The transaction distribution in the past 7 days is mainly Blur: 791.51 (94.33%); OpenSea: 47.59 (5.67%) units of ETH, and the number of 7d transactions reached 115 times.
