GM Scoop fam! Another day another dollar, another truckload of treats to sink our teeth into today. Let's dive in. 😎

🗞️ SCOOPS OF THE WEEK 🗞️

⛓️ NFT’s

• Q1 Stats

• Magic Eden Ordinals Dominance

• Jack Daniels Launches AR NFT Campaign

👨‍💻 WEB3 

• Elon Dismisses $258bn Lawsuit

• Trump's Legal Woes Send NFT Collection Soaring 400%

• Yuga X Gucci Merch Dropping in Hot

🪙 CRYPTO

• $DOGE Soars after Elon switches twitter logo

• Rumour Interpol are after Binance CEO 'CZ'

• Ethereum Bot gets hacked for $20M

• Senator Warren's crypto army

🔦 PROJECT SPOTLIGHT

Solid Signal AI

Trying to successfully evaluate the ever-growing NFT landscape is more challenging than trying to explain Bitcoin to the inlaws over Thanksgiving.

But with the rise of AI, it's not just deep fakes & Chat GPT. An NFT solution may be on the horizon, a solution ready to level the playing field and give you the power of some of the most seasoned NFT traders.

Enter Solid Signal AI

Their mission? To become an established layer for critical insights on NFTS.

Solid Signal’s revolutionary AI-powered prediction system will analyze market fluctuations, social trends, and patterns to create high-resolution projections that improve future investments' consistency.

Solid Signal employs a forecast and binary classification AI based on a collection of models (known as 'Ensemble') to forecast if a collection's average price will spike significantly. Providing users with an optimal buy opportunity. The AI model uses various on-chain and off-chain features, including:

• Price trend graph

• Technical indicators like MA, Momentum support & resistance

• Social indicators like Twitter tweets and engagement

• The sentiment of the core dialogue on social networks (score)

Unlike most analytic tools, Solid Signal's ecosystem presents current & historical data, allowing them to create forecasts and predictions on NFTs, removing the guesswork around which NFTs to invest in and which to sell.

We are super excited about this project, it's soon to launch and will work on a subscription-based model costing 100 $USDC per month.

You can get more information here.

⛓️ NFT’s

• NFT Total Market Cap - $22.3B - 7 day change  +1.39%

• Volume Traded Prev 7 Days - $307.4M -2.21%

• We gave you Captainz as 'Undervalued' at 4ETH and love seeing them continue to rally up to 6ETH

• Nakamigos hit highs of 0.8ETH this week and now consolidating around 0.6ETH

• This is an important period, testing the strength of communities and if they can maintain floor prices until the market turns more favorable.

• Still see a local bottom forming, projects are Floors seem to be stabilizing & showing signs of consolidation.

• Trends to keep your eye on - Dynamic NFTs, AKA 'NFTs' that evolve as we have seen with Yuga Labs HV-MTL and Legends of the Mara + Memeland ecosystem.

• Digital Fashion - Surprise, Surprise, we have seen this again with Gucci x Yuga Pendant.

• Music & Web3 Gaming we believe will continue to grow in popularity.

🧵 THREAD OF THE WEEK

🗞️ Q1 STATS

At a glance 🔎

• The NFT Market saw $4.7bn in sales volumes.

• The total dollar value of stolen assets was $373m

• Blur managed 69% of monthly ETH volume in March with Opensea accounting for 20%

🕵️ Scoops take:

What bear? It's been a very bullish start to the year with impressive sale volumes across the space. We all know about some of the issues within the space such as wash trading and the selling of stolen NFTs but they certainly don't account for the majority of the sales so we will go with the prevailing bullish sentiment. We have seen some moves from the big players such as Yuga Labs and Y00ts which will continue throughout the year. New blood such as Nakamigos has presented all of those in the space with the opportunity to build so it's an exciting time to be involved.

🗞️ MAGIC EDEN ORDINALS DOMINANCE

At a glance 🔎

• The support for Ordinals NFTs was only introduced 2 weeks ago.

• The NFT Marketplace has seen 39,817 trades with 18,462 users.

• They are operating in more high value trades than their rival Ordinals Wallet.

🕵️ Scoops take:

It always helps marketplaces when you provide a platform for the giants' Yuga Labs and DeGods. A major positive that goes unnoticed is that the majority of the userbase of Magic Eden is used to multichain trading so they had no issues navigating their way about the Bitcoin addition. With the platform already serving Solana, Ethereum and Polygon it was a straightforward business decision that is paying dividends. Sometimes huge moves don't require hindsight.

🗞️ JACK DANIELS LAUNCHES AR NFT CAMPAIGN

At a glance 🔎

• Jack Daniels has teamed up with Yahoo Creative Studios to launch the campaign.

• Users are urged to explore their local surroundings to find augmented reality (AR) crates that contain rewards

• Digital collectibles are given to those who find the crates, which will unlock exclusive content such as behind-the-scenes videos, songs, and album details for local bands.

🕵️ Scoops take:

We love new innovative ways to expand the space although we must warn you to drink responsibly when finding those crates. Given the popularity of Pokemon Go this new campaign has very similar functions in terms of usage so it shouldn't be too hard to grasp. With the new Ticketmaster features recently launched, the music space certainly has the platform to thrive in Web3 and specifically in the NFT space so buckle up music fans.

🌐 WEB3

🗞️ ELON DISMISSES $258BN DOGE LAWSUIT

At a glance 🔎

• The $258 billion lawsuit was filed in June 2022 on behalf of a group of Dogecoin investors.

• The lawsuit accuses Musk of using Ponzi tactics to manipulate the price of Dogecoin leading to financial loss

• Musk denies this and files to have the claim dismissed

🕵️ Scoops take:

Oh Elon… Our favorite billionaire meme lord can't seem to catch a break. This feels like another layer to the never-ending meme-onion that is…Sueing a man, about a tweet, about a meme-based cryptocurrency…It's like we've entered a parallel universe where the lines between humor and reality are blurred beyond recognition. Maybe we should take a step back and appreciate the sheer absurdity of it all. With Musk changing Twitter's logo with the token's iconic dog on Monday, sending the coin soaring over 35%, we might not have heard the last of this one…

🗞️ TRUMP'S LEGAL WOES SEND NFT COLLECTION SOARING 400%

At a glance 🔎

• Trump digital trading cards were released Dec 2022

• The collection has seen a whopping 460% price increase this week

• Following the news that a grand jury in Manhattan voted to indict him.

🕵️ Scoops take:

We can't help stand and stare in amazement at this bizarre blend of politics, art, and technology. It's like we're witnessing a strange new fusion of courtroom drama and virtual treasure hunting, and we can't look away. It goes to show that when it comes to NFTs, there's no limit to creativity or the lengths people will go to snatch up a piece of history – even if it's a controversial one.

🗞️ YUGA X GUCCI MERCH DROPPING IN HOT

At a glance 🔎

• Yuga labs & Gucci collab to create new series of limited edition physical collections ‘Otherside: Relics By Gucci’

• The first drop will be 3,333 Koda Pendants serving as physical items + an NFT offering unique perks within the Otherside metaverse

• First drop available April 6th 18:00 EST and sold exclusively in $APE

🕵️ Scoops take:

For Gucci, this collaboration is a no-brainer. Think about it – they're practically guaranteed to sell out all 3,333 pendants at $1,930 a pop (at the time of writing). That's a cool $6.4 million in revenue. Sure, there'll be some split, but still, not too shabby for a day's work, right? As for Yuga Labs, what better way to elevate their brand to the pinnacle of luxury than by joining forces with a high-end fashion powerhouse like Gucci? Instant allure, instant success. This top-tier partnership has us eagerly awaiting the next wave of meta-fashion magic to spill from their creative cauldron. 🤝 💫

🪙 CRYPTO CRUNCH

• Global Cryptocurrency $1.18 Trillion - 24/hour change +0.38%

• Volume Traded 24/hours - $48.23 Billion -26.52%

• $BTC still range bound bettwen $27-29K

• $BTC could push through $29K shortly into the $30K+ regions.

Top Stories

• $DOGE Soars after Elon switches Twitter blue bird logo for the infamous 'Shiba Inu'

• Interpol Red notice Rumour on Binance CEO 'CZ' turns out to be.. a rumour.

• Ethereum Bot gets hacked for $20M

• Senator Warren's Anti-Crypto Army

😡 THE REKT SECTION 😡

If they aren't planning new tough laws or making a mess of the planned NFT launch they are finding another way to disrupt the space.

This time it's the UK banks for their unwillingness to accommodate Crypto startups.

Many Crypto startups in the UK are struggling to gain access to banking services with the majority being outright denied access to services. Further restrictions include rejected applications, frozen bank accounts, and paperwork overload.

It wasn't long ago the Prime Minister wanted the UK to be a Crypto/Web3/NFT hub of the world so it's clear those operating within his country don't share that sentiment.

🏆 WEEKLY WINNER 🏆

We suggested in our previous Newsletter that the boat for mega profit may have passed...we are thankful that we used the word "may" as this one has flown up another level.

When we shared the project on Friday with you, the floor was down to 0.26ETH with 8724 ETH worth of trading volume. Fast forward to the time of writing and a 3x has come and gone.

The current price is 0.66 ETH but the highs over the weekend saw a top price of 0.87 ETH.

It's all the space has been talking about over the weekend so well done to those who managed to make a very healthy profit.

Well done again to Nakamigos who have shown the way for a successful launch.

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We'd love to know what you think!

Annd that's a wrap for today gang!

Love and sprinkles as always, catch you back here soon for the latest

~ Scoop ~

*Disclaimer*

The Triple Scoop newsletter & podcast is not financial advice, it is provided for educational, informational, and entertainment purposes only.