Hey E.T Fam! Happy Tuesday to you all! I hope everyone is having a great week so far. Well fam, it looks like we’re witnessing another huge moment in crypto. Solana NFTs have been on fire for the past few weeks. Magic Eden has been seemingly giving OpenSea a run for its money.
The launch of Okay Bears and Trippin Apes have caused quite a stir. The amount of volume being generated with both projects has been absolute madness. Though we see what’s happening, we’re still trying to gauge if this is an organic shift, or if this is another case of whales enticing the plebs chase the hype while becoming exit liquidity. Today, we’re going to explore this trend and gauge whether or not this is one to follow.
Take the journey with me as we venture into the garden of Magic Eden. Talk to you all soon E.T Fam!
00:00 – Intro
01:30 – Magic Eden Flipping OpenSea
03:15 – Okay Bears
05:58 – Roles Have Been Reversed
07:00 – ReptilianReneg Rug
07:43 – Low Fee Environment
09:17 – Trippin’ Ape Tribe
11:05 – Record Creator Revenues For The NFT Sector
12:23 – The Catalina Whale Mixer
13:46 – Are Solana NFTs The Future?
17:15 – Outro
#nft #ethereum #defi #blockchain #crypto #cryptocurrency #bitcoin #btc #eth #news #protocols #sidechain #altcoin #nftmarketplace #opensea #cryptoart #protocol #altcoins #nonfungibletoken #dao #sidechain #layer2 #erc20 #erc-20 #token #coin
DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR